XLM Consolidates While Testing Support and Resistance Levels

Notable Developments in XLM Price

XLM has experienced a slight decrease from $0.2705 to $0.2702 in the last 24 hours. This movement occurred within a tight trading range.

The trading volume peaked at 45.09 million tokens during the resistance test at $0.2777. Investors are monitoring the increased selling pressure at this critical level.

Additionally, the recent breakout in the last 60 minutes has pushed prices from $0.268 to $0.270. This movement is supported by institutional flows.