Stellar XLM price rises nearly 5%, short-term rebound tests bearish structure
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According to CoinWorld, Stellar's XLM token rose by approximately 4.7% to around $0.18, continuing its short-term rebound momentum. However, analysts warn that the overall weekly trend remains bearish, with the price below all major moving averages. Key resistance levels at $0.22 and $0.26 must be broken to signal a potential trend reversal; failure to do so may result in a retest of support near $0.17 or $0.14. Momentum indicators show that selling pressure has eased, but a bullish trend has yet to be confirmed.
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