Stellar's XLM Surges Amid Record DeFi Growth and Unique Market Patterns

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Source: AMBCrypto News
Stellar's XLM Surges Amid Record DeFi Growth and Unique Market Patterns
Photo: AMBCrypto News
TL;DR Summary

Stellar (XLM) has experienced a significant rally, increasing by 608% in 20 days, driven by Bitcoin's bullish trend. Despite a recent 25% pullback, XLM remains 390.5% higher than three weeks ago. The token's trading volume peaked at $2.83 billion, and the CMF indicates strong capital inflows. However, XLM is entering a retracement phase, with potential dips to $0.46 due to long liquidations. Key support levels are identified around $0.363 and $0.463, with the next bullish targets between $0.766 and $0.975.

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