Stellar (XLM) Price Analysis: Is a Run to $0.38 on the Horizon?

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Stellar, a prominent player in the cross-border payments space, is now changing hands at $0.2646. With a market cap of $8.24 billion and a daily trading volume of $130.88 million, the token is showing early signs of renewed interest. Following a prolonged downtrend within a descending channel, XLM has broken above this structure and is now consolidating just above the former resistance.

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