XLM is now around 0.182u. It’s up nearly two percentage points today. The 24-hour high is 0.183 and the low is 0.177. Today’s movement has been fairly smooth.

On a one-week view it’s down: down more than two percentage points. But over one month it’s been pulled back into gains: up more than four percentage points. Today’s uptick has, in part, made up for some of this week’s losses. The overall rhythm is that the monthly line is relatively strong and the weekly line is weak—more like a gradual consolidation with upside support, not a one-way trend.

It’s still far from the all-time high of 0.87. It’s down by nearly 80%. However, the all-time low was only around 0.0005, and the current level is already up several hundred times. Over the long term, the bottom support actually looks fairly solid.

The circulating supply is about 70% of the total, and the remaining 30% hasn’t been released yet. This is something to watch, but it doesn’t look like an especially concentrated pressure point.

At this level, if it can hold the 0.177 range, it’s likely to continue this kind of choppy grinding higher. If you want to accumulate on dips, you can look around here. If it can push through the 0.183 24-hour high in one go, that would indicate stronger short-term momentum, and you can look higher. Chasing at this point isn’t too expensive—going in with a small position and some additions is fine. #xlm $XLM