XLM's super-trend reversal triggers $0.40 hype, investors hold their breath

Stellar (XLM) breaks through key supertrend indicators, heralding the possibility of a bullish reversal. Analysts believe that if the momentum continues and is supported by rising trading volumes and increased on-chain activity, the currency has the potential to retest the resistance level at $0.40. However, broader market risks and Bitcoin’s influence remain key factors to be paid attention to.