XLM Dey Look $0.45 Breakout for Protocol 23 and RWA Gains
Stellar own token XLM don try four times since June to break dia main resistance for $0.45, but e de trade around $0.36 now. Analysts talk say as dem don dey reject am many times, e fit make resistance tire, wey fit reduce pressure to push price go up. The strong foundation dey support better outlook: di coming Protocol 23 upgrade go make transaction fast and fit scale better, plus real-world assets (RWA) wey dey on Stellar don surpass $460 million. If price fit close daily pass $0.40 with strong volume, fit make am move go $0.45; if e succeed, e fit open road to next target at $0.64. If e no pass resistance, e fit fall back to $0.32 wey be recent support area. Technical signs show death cross for small timeframes, wey mean short-term risk dey, but oversold condition and good history for September talk say recovery fit happen. Traders dey watch $0.32–$0.34 for accumulation, and dem dey eye $0.44–$0.47 as breakout goal. With Protocol 23 and ISO 20022 adoption wey dey boost institutional cross-border payment, clear move pass $0.45 fit spark rally go $1.
Bullish
XLM dey test di $0.45 resistance again and again, e dey show say seller dem dey tire for dat level, wey we sabi as resistance fatigue, wey usually show say e fit break go up, like we see before for altcoin rally dem. Beta fundamental tins like Protocol 23 upgrade plus more real-world assets wey dey inside Stellar network dey push demand for medium to long term. Technical oversold condition plus di historical strong September dey also support say e fit recover, even though short-term death cross sign dey. If e clear close pass $0.45, e fit make momentum buying start, like how Solana take break im key level 2021 after NFT adoption announcement. For short term, traders fit dey buy around $0.32–$0.34, but if e break strong, market fit turn bullish go higher target like $0.64 and finally $1.