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XLM just flung out the jungle and it’s not landing anytime soon 🚀
78% up this week.
Futures open interest? ATH at $520M.
Stellar ain’t just rising it’s stamped its chest in the bull arena.
Let’s break it down ⬇️
📈 XLM Bulls Are Beasting Up
Retail’s drooling. Institutions? Circling.
The market’s betting BIG and the $XLM futures market is the proof:
→ $520M in OI (Open Interest)
→ Longs outpacing shorts
→ Sentiment dripping bullish
This isn’t just hopium this is calculated aggression.
ADX CONFIRMS THE RALLY
Average Directional Index (ADX) = 28.39
→ Anything above 25 = STRONG TREND
This is the highest in 6 months. Translation?
Stellar isn’t just moving. It’s moving with conviction.
Next Stop? $0.50 or Even $0.56
Currently flirting with $0.46.
$0.47 is the boss level break it, and XLM might moonwalk its way to $0.56.
But miss the step, and it could backslide to $0.35 if sentiment flips.
✍️ Conclusion:
XLM’s chart isn’t just bullish.
It’s feral.
With fundamentals aligning and futures traders going bananas, Stellar might be the altcoin that leads the next leg up.
But like every jungle climb keep your grip tight.
Risk is still swinging.
Let’s see if the star keeps rising
#TheDeFiGuru