Stellar’s (XLM) price action mirrors that of Bitcoin and Ether as it is currently down by nearly 2% in the last 24 hours. The coin is trading above $0.17 on Thursday after taking out the $0.182 swing high on Wednesday. Despite facing rejection on the 4-hour and daily timeframes, improving sentiments from the derivatives market suggest an upside continuation for XLM in the near term. XLM’s derivatives data shows bullish bias XLM is down nearly 2% in the last 24 hours as the sellers pushed the price lower after it took out the $0.182 swing high a few hours ago. However, XLM’s derivatives data remains bullish.
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