Stellar (XLM) saw an impressive 34% increase in the past week, navigating between 0.47 USD as a resistance point and 0.41 USD as a support. This surge was largely driven by the emergence of a golden cross, a bullish signal observed in technical analysis, indicating potential for upward momentum.

Despite the Optimism, current indicators such as the Average Directional Index (ADX) and Chaikin Money FLOW (CMF) suggest a potential slowdown in bullish momentum. ADX has decreased from 52.6 to 40.1, signaling that the strong trend might be easing as selling pressure increases. XLM remains in an uptrend but faces risks.

If XLM breaks past the 0.47 USD resistance, a rise towards 0.60 USD is conceivable. Conversely, failure to maintain the 0.41 USD support could result in a decline to 0.35 USD or lower. Market dynamics hint at shifting towards sellers, with buying pressure indicators decreasing while selling pressure sees an increase.