XLM Surges, Faces Resistance; Traders Watch Key Levels

XLM cryptocurrency surged by 3.53% to $0.2508, outpacing the crypto market, with trading volumes 23% higher than average. The rally pushed XLM against a key resistance level of $0.2540, but late-session sell orders caused a drop from $0.2477 to $0.2449, indicating profit-taking. Traders now watch for XLM to break past $0.2540 or retest support near $0.2420, as increased trading volume and changing institutional flows suggest significant price swings ahead.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.