Stellar Lumens (XLM) Technical Analysis :
Stellar is officially Sharia compliant and has the approval from The Bahrain Central Bank (CBB). Going forward, people practicing Islam can easily interact with Stellar project during tokenization of different assets or transferring funds using the platform.
Our Stellar Lumens (XLM) trade plan is solid and as XLM erosion continues, chances are our first bear targets at 22 cents might be hit.
Remember, we are overly bullish on XLM and the only way this minor sell recommendation would be valid is if buyers edge and close above 30 cents.
In previous XLM technical analysis, 30 cents acts as July highs, a resistance line and a buy trigger line.