On January 14, the XLM price reached a low of 572 satoshis. It has been increasing since, reaching a high of 751 satoshis on January 19.
However, the rally seems to have stalled. The bearish short-term pattern suggests that the XLM price is likely to revisit its breakout level at 660 satoshis before resuming the current upward movement.
Trader @CryptoMichNL outlined a price movement wh
Do you want to BeInCrypto?
Join our Telegram Trading Community for exclusive trading signals, educational content, discussions and project reviews!
Images courtesy of Shutterstock, Trading View and Twitter.