The post Stellar (XLM) Price Prediction Today appeared first on Coinpedia Fintech News
XLM, the native token of Stellar Lumen, is poised for significant upside momentum due to the immense support it has received from investors in recent days. Despite this notable interest, XLM’s price has been struggling over the past few days following its bullish breakout.
On January 15, 2025, XLM broke out from a bullish inverted head-and-shoulders price action pattern. Since then, the price has entered a consolidation phase. Long-term holders appear to be consistently accumulating, as reported by the on-chain analytics firm Coinglass.
$20 Million XLM Worth XLM Outflow
Data from spot inflow and outflow analysis reveals that exchanges have witnessed a significant outflow of $20 million worth of XLM over the past three days. This substantial outflow, following a bullish breakout, is considered an ideal opportunity.
Source: Coinglass
In cryptocurrency, outflow refers to the transfer of
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