Stellar (XLM) Set to Surge with SheFi Partnership to Empower Women in Blockchain

Azeez Mustapha

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Stellar (XLM) is set to surge with the SheFi partnership to empower women in blockchain. Stellar (XLM) is poised for a bullish trend following its partnership with SheFi, aimed at empowering women in blockchain. The collaboration with SheFi reflects the Stellar Development Foundation’s (SDF) commitment to fostering inclusivity in the financial sector, particularly addressing the gender gap prevalent in tech and finance.

By focusing on underbanked and unbanked communities, Stellar aims to enhance accessibility to financial services globally. This strategic move not only expands Stellar’s ecosystem but also aligns with its mission to provide tailored solutions for diverse societal needs. The initiative is expected to bolster confidence in Stellar’s blockchain technology, potentially attracting more investors and stakeholders interested in its innovative approach to financial inclusion.

Key Stellar Levels To Watch – July 2

Stellar (XLM) Set to Surge with SheFi Partnership to Empower Women in Blockchain

The daily chart of XLMUSD is displaying a bullish trend as the price has recently bounced off the support level at $0.0910. The price is aiming at breaking above the minor resistance at $0.0980, indicating a shift in momentum is imminent.
 
The RSI is at 45.81, moving upwards from oversold conditions, suggesting increasing buying interest. If the bullish momentum continues, the price could target the next resistance levels at $0.1140.

XLM/USD Key Levels

Resistance Levels: $0.1140, $0.1370, $0.1630 
Support Levels: $0.0910, $0.0750, $0.0670

XLM Metrics

Total Market Capitalization: $2.32T 
Stellar Market Capitalization: $2.74B
Stellar Volume: $48.68M
Market Rank: #32

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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