3 reactions
Stellar Surges 8%: Major Protocol 23 Launch Sets XLM for Bounce
📈 Market Snapshot
Stellar ( XLM ) is currently trading around $0.256 , up ~3.1% intraday and ~8% over the past week. Intraday highs reached $0.259 , while lows touched $0.246 , signaling strong momentum returning to the chart.
📰 Today’s Key Headlines
• Protocol 23 RC release launched : New Stellar Core v23.0.0rc2 includes CAP‑62 to CAP‑70 upgrades—covering state archival, parallel Soroban execution, unified asset events, advanced access modules, and more ahead of the full mainnet rollout in August.
• Stablecoin supply hits $630M : XLM’s DeFi ecosystem sees stablecoin deposits rise from $145M to $630M YTD, powered by US Government Fund (FOBXX) and USDC adoption.
• DeFi TVL doubles to $89M : Total value locked on Stellar network now hits a record $89M, up from $35M at the start of the year.
• Bullish technical pattern confirmed : Daily chart confirms a double‑bottom around $0.2167 , with a neckline breakout targeting $0.3345 —a potential 35% upside.
• Mixed technical signals : Though trading below 50/100‑day MAs (bearish), Stellar displays bullish PPO crossover and strong weekly candlestick patterns.
Read More: https://onthenode.com/cryptocurrency/stellar-surges-8-major-protocol-23-launch-sets-xlm-for-bounce
📈 Market Snapshot
Stellar ( XLM ) is currently trading around $0.256 , up ~3.1% intraday and ~8% over the past week. Intraday highs reached $0.259 , while lows touched $0.246 , signaling strong momentum returning to the chart.
📰 Today’s Key Headlines
• Protocol 23 RC release launched : New Stellar Core v23.0.0rc2 includes CAP‑62 to CAP‑70 upgrades—covering state archival, parallel Soroban execution, unified asset events, advanced access modules, and more ahead of the full mainnet rollout in August.
• Stablecoin supply hits $630M : XLM’s DeFi ecosystem sees stablecoin deposits rise from $145M to $630M YTD, powered by US Government Fund (FOBXX) and USDC adoption.
• DeFi TVL doubles to $89M : Total value locked on Stellar network now hits a record $89M, up from $35M at the start of the year.
• Bullish technical pattern confirmed : Daily chart confirms a double‑bottom around $0.2167 , with a neckline breakout targeting $0.3345 —a potential 35% upside.
• Mixed technical signals : Though trading below 50/100‑day MAs (bearish), Stellar displays bullish PPO crossover and strong weekly candlestick patterns.
Read More: https://onthenode.com/cryptocurrency/stellar-surges-8-major-protocol-23-launch-sets-xlm-for-bounce
2
1
4 reactions
Stellar Lumens (XLM): Poised for a Major Breakout!
Stellar Lumens (XLM) is creating a buzz in the crypto world! With powerful partnerships, key regulatory victories, and solid institutional support, XLM is gearing up to shatter its recent trading range.
Investors are on the edge of their seats, anticipating a potential massive rally that could change the game.
Read more here : https://onthenode.com/list/xlm-awakens-stellar-lumens-poised-for-a-breakout-amid-big-moves
Stellar Lumens (XLM) is creating a buzz in the crypto world! With powerful partnerships, key regulatory victories, and solid institutional support, XLM is gearing up to shatter its recent trading range.
Investors are on the edge of their seats, anticipating a potential massive rally that could change the game.
Read more here : https://onthenode.com/list/xlm-awakens-stellar-lumens-poised-for-a-breakout-amid-big-moves
4
1 reactions
Shiba Inu (SHIB) Eyes Breakout: Technical Indicators and Market Sentiment Analysis
Technical Analysis
• Shiba Inu ( SHIB ) is currently trading at $0.00002899, with an intraday high of $0.00002931 and a low of $0.00002610. The cryptocurrency has experienced a significant surge, recording a 249.6% increase since December 2023, riding the broader crypto market rally led by Bitcoin’s breakthrough of $100, 000 .
Technical indicators present a bullish outlook:
• Moving Averages : The 10-day Simple Moving Average (SMA) is at $0.00002750, while the 50-day SMA stands at $0.00002500, indicating a short-term upward trend.
• Relative Strength Index (RSI) : The RSI is at 70, suggesting strong buying momentum and approaching overbought territory.
• Moving Average Convergence Divergence (MACD) : The MACD line is above the signal line, confirming bullish momentum .
Market Sentiment
• Investor sentiment has been bolstered by increased network activity and significant whale accumulation . Notably, large holder concentration has reached 73%, indicating strong confidence among major investors.
Read More: https://onthenode.com/cryptocurrency/shiba-inu-shib-eyes-breakout-technical-indicators-and-market-sentiment-analysis
Technical Analysis
• Shiba Inu ( SHIB ) is currently trading at $0.00002899, with an intraday high of $0.00002931 and a low of $0.00002610. The cryptocurrency has experienced a significant surge, recording a 249.6% increase since December 2023, riding the broader crypto market rally led by Bitcoin’s breakthrough of $100, 000 .
Technical indicators present a bullish outlook:
• Moving Averages : The 10-day Simple Moving Average (SMA) is at $0.00002750, while the 50-day SMA stands at $0.00002500, indicating a short-term upward trend.
• Relative Strength Index (RSI) : The RSI is at 70, suggesting strong buying momentum and approaching overbought territory.
• Moving Average Convergence Divergence (MACD) : The MACD line is above the signal line, confirming bullish momentum .
Market Sentiment
• Investor sentiment has been bolstered by increased network activity and significant whale accumulation . Notably, large holder concentration has reached 73%, indicating strong confidence among major investors.
Read More: https://onthenode.com/cryptocurrency/shiba-inu-shib-eyes-breakout-technical-indicators-and-market-sentiment-analysis
1