Coin Analysis: Stellar (XLM)

As an established public chain focused on cross-border payments and asset tokenization, Stellar (XLM) has shown relative resilience during the recent market-wide deleveraging correction. The current price is oscillating in a range and forming a bottom around $0.172.

Cycle Phase: Currently in the stage of accumulation after a mid-term pullback and long-term technical bottoming.

Support and Resistance: The short-term key technical support is around $0.165 (which is its important 200-week moving average defense zone), and the main resistance above is seen at $0.220 to $0.245.

Market View: XLM's core fundamentals are highly tied to the integration of real-world assets (RWA) and traditional financial infrastructure. A key catalyst for the ecosystem recently is the tokenization platform pilot program to be launched by the Depository Trust & Clearing Corporation (DTCC) in mid-July. As one of the main test networks, Stellar gives XLM strong utility value expectations. In addition, the recent cross-chain swap collaboration between Stellar and SushiSwap has injected new liquidity into the chain. Although the overall market currently lacks explosive speculative enthusiasm for non-EVM established payment chains, as deleveraging comes to an end, its clear institutional adoption roadmap provides it with solid long-term recovery momentum.

Disclaimer: This content is for reference only and does not constitute any investment advice. Cryptocurrencies involve high risk. Please do your own research and evaluate carefully before investing.

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