Stellar funding inflow surges! XLM's two-week fall ends, can it break through 0.424 USD?

Stellar (XLM) has shown significant signs of rebound recently after experiencing two weeks of fall. With a noticeable increase in capital inflow and strengthening technical indicators, XLM is attempting to reverse the downward trend. This article will analyze the capital flow of XLM, key levels from a technical perspective, and the future market trend, assisting investors in grasping the bull-bear reversal points.

Capital inflow has significantly rebounded, market sentiment has improved

According to the Chaikin Money Flow (CMF) indicator, the recent inflow of capital into XLM has significantly increased. Although the CMF is still below the zero line, there are signs of a rebound in capital momentum. This indicates that investor confidence is gradually warming up. If the CMF can break through the zero line, it is expected to drive XLM to continue its rebound. Market observers point out that outstanding investors are gradually returning to the market, injecting new momentum into XLM.

The technical indicators are strengthening, and the short-term rebound momentum is obvious

The Relative Strength Index (RSI) of XLM has risen above 50, indicating a decrease in selling pressure and a return of buying interest. The Parabolic Stop and Reverse (SAR) has also shifted below the candlestick, signaling a temporary halt in the downtrend. These technical signals collectively point to a strengthening short-term rebound momentum, providing strong support for the future rise of XLM.

Key Resistance and Support Analysis

Currently, the XLM price is about 0.411 USD, just a step away from the key resistance at 0.424 USD. If it can effectively break through this level, it is expected to challenge 0.445 USD or even 0.470 USD, recovering most of the decline over the past two weeks. On the contrary, if it cannot hold 0.424 USD, XLM may fall back to 0.393 USD, or even dip to 0.359 USD, at which point the bullish pattern will be put to the test.

Market Outlook: Bull-Bear Clash, Need to Pay Attention to Capital Momentum

Although the short-term rebound momentum of XLM has strengthened, the overall market atmosphere and capital flow still need to be closely monitored. If capital inflow continues to strengthen and the technical indicators remain strong, XLM is expected to continue its rebound trend. On the contrary, if market sentiment weakens, prices may still adjust. Investors should flexibly adjust their strategies to seize the bull-bear reversal points.

Conclusion

Stellar (XLM) shows the potential to break free from its falling trend, driven by capital inflows and improvements in technical aspects. Whether it can break through the key resistance at 0.424 USD in the future will determine the height of the rebound. Investors are advised to continuously monitor capital flows and technical indicators, and to respond cautiously to potential risks and opportunities.

XLM2.52%
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