Stellar Lumen (XLM) Price Could Recover If It Holds $0.080

Stellar Lumen XLM 800x600

Stellar lumen price is holding an important support near $0.0800 against the US Dollar. XLM price could start to recover towards the $0.0850 and $0.0900 resistance levels. There was a break above a crucial bearish trend line with resistance near $0.0818 on the 4-hours chart (data feed via Kraken). The pair could slowly recover unless the bulls fail to defend the key $0.0800 support area. Stellar lumen price is trading above a few important supports against the US Dollar. XLM price might recover towards the $0.0900 level in the coming sessions. Stellar Lumen Price Analysis (XLM to USD) This past week, stellar lumen price remained under pressure below $0.0850 against the US Dollar. The XLM/USD pair made a couple of attempts to break the key $0.0810 and $0.0800 support levels. However, the bears failed to gain traction and a swing low was formed near $0.0806. The price is currently consolidating…

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