The post XLM could rally higher as TVL hits new ATH appeared on BitcoinEthereumNews.com. Key takeaways XLM is trading above $0.24 after adding 2% to its value in the last 24 hours. The cryptocurrency eyes a breakout as the Stellar blockchain hits a new TVL all-time high. Stellar’s TVL hits a new all-time high XLM has performed positively over the last 24 hours, adding 2% to its value during that period. The coin is now trading above $0.24 after adding over 10% in the previous two days. The positive performance comes as Stellar’s Total Value Locked (TVL) has hit a new all-time high. According to DefiLlama, XLM’s TVL has reached a new all-time high (ATH) of $169.30 million on Tuesday.  The surge in TVL suggests a growing activity and interest in the Stellar ecosystem, with more users depositing and using assets on XLM-based protocols.  Data obtained from CryptoQuant also supports the positive outlook for XLM, with its spot and futures markets indicating large whale orders and buy dominance. These indicators point to a potential rally in the near term.  XLM eyes $0.28 in the near term The XLM/USD 4-hour chart is bearish and efficient as Stellar Lumen has added over 2% to its value in the last 24 hours. The coin found support around the weekly support level at $0.221 on Friday, and has added over 10% to its value since then.  Currently, XLM is trading at $0.248, close to the 38.20% Fibonacci retracement level of  $0.256, a key resistance zone.  If XLM surges past the $0.256 resistance level, it could rally higher towards the 50-day Exponential Moving Average (EMA) at $0.292 over the next few hours or days.  The 4-hour RSI of 54 is above the neutral 50, indicating a growing bullish trend. For the recovery rally to be sustained, the RSI must continue towards the overbought region. Furthermore, the MACD exhibited a… The post XLM could rally higher as TVL hits new ATH appeared on BitcoinEthereumNews.com. Key takeaways XLM is trading above $0.24 after adding 2% to its value in the last 24 hours. The cryptocurrency eyes a breakout as the Stellar blockchain hits a new TVL all-time high. Stellar’s TVL hits a new all-time high XLM has performed positively over the last 24 hours, adding 2% to its value during that period. The coin is now trading above $0.24 after adding over 10% in the previous two days. The positive performance comes as Stellar’s Total Value Locked (TVL) has hit a new all-time high. According to DefiLlama, XLM’s TVL has reached a new all-time high (ATH) of $169.30 million on Tuesday.  The surge in TVL suggests a growing activity and interest in the Stellar ecosystem, with more users depositing and using assets on XLM-based protocols.  Data obtained from CryptoQuant also supports the positive outlook for XLM, with its spot and futures markets indicating large whale orders and buy dominance. These indicators point to a potential rally in the near term.  XLM eyes $0.28 in the near term The XLM/USD 4-hour chart is bearish and efficient as Stellar Lumen has added over 2% to its value in the last 24 hours. The coin found support around the weekly support level at $0.221 on Friday, and has added over 10% to its value since then.  Currently, XLM is trading at $0.248, close to the 38.20% Fibonacci retracement level of  $0.256, a key resistance zone.  If XLM surges past the $0.256 resistance level, it could rally higher towards the 50-day Exponential Moving Average (EMA) at $0.292 over the next few hours or days.  The 4-hour RSI of 54 is above the neutral 50, indicating a growing bullish trend. For the recovery rally to be sustained, the RSI must continue towards the overbought region. Furthermore, the MACD exhibited a…