![]() ![]() In summary, XLM demonstrates a bearish trend, supported by the Relative Strength Index (RSI) reading. Although XLM’s price has surpassed these moving averages, typically considered a bullish signal, the failure of buyers to push the price above $0.11 has provided sellers with an opportunity to short the asset. The 50-day moving average for XLM is $0.097, while the 200-day moving average is $0.088. Despite the price trading above both the 50-day and 200-day moving averages, indicating a positive trend, the ongoing downtrend has shifted the overall momentum to bearish once again. XLM has established a strong support level of around $0.10, with buyers attempting to defend this level. This decline in price reflects an increase in selling pressure as sellers outnumbered buyers. On the 4-hour timeframe chart, the price of XLM coin experienced rejection just below $0.113, resulting in a subsequent downtrend. However, the overall momentum of the asset has turned bearish and the buyers are trying to defend the $0.10 support. The XLM coin price has been trading above $0.10 for over 24 hours now. XLM Price for the Next few Hours will be in the range of 0.107 and 0.108 XLM Price Prediction: Technical Analysis, July 1st Read more XLM news XLM Price Prediction for the Next 6 Hours
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