Additionally, the account stated that this caused a surge in prices, but many believe that the aforementioned decision to burn coins was the catalyst for the surge. Nevertheless, let’s take a closer look at the XLM price and gauge its future potential.On Nov. 1, the #XLM network upgraded to Protocol 12— path payments are now symmetrical, inflation is disabled, and node monitoring has improved. This led to a surge in prices – however, #Stellar is still in the bear market. #StellarLumens
— Weiss Crypto Ratings (@WeissCrypto) November 5, 2019
Stellar Trading Range
The XLM price has been increasing steadily since reaching a low of 554 satoshis on Sept 6. Since then, it has twice reached the resistance area at 900 satoshis, decreasing each time and creating long upper wicks.![XLM Trading Range](https://beincrypto.com/wp-content/uploads/2019/11/nov6-lead3-xlm3.jpg.optimal.jpg)
![XLM Divergence](https://beincrypto.com/wp-content/uploads/2019/11/nov6-lead3-xlm4.jpg.optimal.jpg)
![XLM Future Movement](https://beincrypto.com/wp-content/uploads/2019/11/terwgfsgfdgfs.jpg.optimal.jpg)
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