Stellar (XLM) has taken the crypto market by storm with a remarkable 32% price jump in just a week. The surge has seen its market capitalization soar above $13 billion, and the token now trades at $0.45.
Technical analysts are taking note, with indicators such as RSI hitting 71.1, signaling overbought conditions and promising further growth. The formation of a golden cross also supports a bullish outlook.
On-chain data echoes this optimism, showing increased activity and rising Open Interest, making XLM one to watch closely in the coming days.
![Can Stellar [XLM] hit $0.60? Assessing key levels](https://loutre.blockchair.io/w4/storage/news/2d065a81e30cf52ab74493b9ec97beaa.png){kind=small}
