Yesterday was a very promising day for nearly all cryptocurrencies. Although some bearish momentum began forming in the evening, it seems things have taken a turn for the better again. The Stellar price, which already showed signs of a promising bull run last week, is simply continuing its momentum. For now, the $0.1 level acts as solid support, which comes as somewhat of a surprise.
It is quite interesting to see how all of these individual markets behave under the current market circumstances. While it is only normal to see most markets benefit from Bitcoin’s ongoing trend, it would appear things are picking up steam where XLM is concerned. Its bull run last week is still not over, by the look of things, which comes as somewhat of a surprise. Not necessarily because people expected a downtrend, but primarily because reaching $0.1 was expected to trigger more backlash.