XLM Price Analysis: Here Is Why You Should Prepare for More Pain in Stellar Lumens Before Imminent Rebound

Coinpedia
Coinpedia

18 Sep 2023 11:45 AM

The Stellar Lumens (XLM) currently lack the momentum to guarantee a push towards ATH.  Cheeky Crypto’s Nick thinks the zone between $0.057 and $0.07 is an...

  • Sohrab is a cryptocurrency news writer with over five years of experience.
  • He has a keen interest in blockchain technology and its potential in finance.
  • Sohrab keeps up with the crypto world and delivers informative articles.
  • He enjoys graphic design and listening to hip-hop music.

The article discusses the current lack of momentum for Stellar Lumens (XLM) and the bearish outlook for its price. However, there is hope for a rebound in the support zone between $0.057 and $0.07. The article also mentions the support from major institutional investors and predicts a potential rally towards $4 in the long term.

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