Did the XLM Bounce Reverse Its Trend?

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The XLM price has been rapidly decreasing since Feb. 16. However, it reached a low of $0.024 on March 14, which caused a quick upward bounce. The price has been increasing ever since. Stellar (XLM) Price Highlights There is support at $2.5 and $1. The weekly RSI is at its lowest level. There is resistance at $0.042. The price is following a descending support

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Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.

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