Stellar (XLM) Surges 12% on Soroban Launch
Login

Stellar (XLM) Surges 12% on Soroban Launch and Breakthrough Potential

Estimated Reading Time: 2 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more


Stellar (XLM) surged 12% on the Soroban launch and breakthrough potential, with more analysts interested in the market. XLM has surged nearly 12%, buoyed by strong on-chain market statistics and a recent development.
 


The introduction of Soroban, a new smart contract platform, enhances performance, sustainability, and security within the Stellar ecosystem, attracting global users and developers. Crypto analyst Crypto Tony has highlighted XLM’s potential to break through the $1 resistance level, suggesting further gains ahead. If XLM sustains this momentum, market participants could see continued upward movement, solidifying its bullish outlook.

Key Stellar Levels to Watch – July 14

COINBASE:XLMUSD Chart Image by amiraoluwaseyifunmi

Stellar (XLM) has recently broken out of a downtrend resistance line. This indicates a bullish reversal as the price moves above the 9-day SMA, further supporting the bullish momentum.
 
Additionally, the MACD is showing a bullish crossover, reinforcing this positive outlook. The overall direction for XLMUSD is bullish, with strong indicators pointing to continued upward movement.

Stellar (XLM) Key Levels

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

XLM Metrics

Total Market Capitalization: $2.21T
Stellar Market Capitalization: $3.03B
Stellar Volume: $147.33M
Market Rank: #28

Make money without lifting your fingers: Start using a world-class auto trading solution

How To Buy Lucky Block

NoteLearn2.trade is not a financial advisor. Research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News