Stellar's XLM token has made a significant leap, increasing by over 35%, bringing attention to the often unpredictable nature of the cryptocurrency market. Analysts are currently discussing possible scenarios that could lead to a short-term downtrend for XLM, hinting at a correction following its recent surge. This has sparked widespread debate on the potential future trajectory for the token.
![Can Stellar [XLM] hit $0.60? Assessing key levels](https://loutre.blockchair.io/w4/storage/news/2d065a81e30cf52ab74493b9ec97beaa.png){kind=small}
