Stellar (XLM) Forms 4-Hour Golden Cross as Weekly Gain Reaches About 80%

Stellar (XLM) has printed a golden cross on the four-hour chart, with the 50-day moving average crossing above the 200-day moving average after a weekly rally of about 80%. The token hit $0.297 on Saturday before easing, and was trading at $0.253, up 19% over the past 24 hours. Derivatives activity also rose, with open interest up 21.78% in 24 hours to $378.99 million.