Weekly Winners and Losers of the Crypto Market – XLM

• and Tezos
• were the biggest gainers last week. Popcat,‌ dogwifhat and Bonk were the week’s biggest losers.

The cryptocurrency market has had a ‌busy week, ‌with price changes affecting⁤ the momentum of the 100 most valuable digital assets.‍ Some tokens have reached new heights, while others‌ have struggled with market pressure. Stellar

Biggest Gainers [XLM]

Stellar Lumens (XLM) has dominated​ the cryptocurrency market this past⁢ week. It is the ‌best performing cryptocurrency with ⁢a ‌190% increase. Over the past seven⁣ days, XLM has ​experienced a steady ​increase followed by rapid‌ acceleration, especially ⁢after crossing $0.30.

The week started at‌ around $0.19​ before ⁣gaining momentum and recording a 53.40% ⁢increase ‌to end at $0.52.

At press time, XLM ‌was trading at $0.58 due ⁤to strong market sentiment ⁤and sustained buying activity.

XLM’s daily‍ chart‌ shows several broken resistance levels; it surpassed both the 50-day SMA of $0.14 and 200-day‍ SMA of $0.10 earlier this week triggering a golden crossover.

The RSI ‌is currently ⁣at​ 94.98 indicating it’s ⁣in​ overbought territory which may lead to short-term corrections ⁢as traders ‍take ⁢profits; while Chaikin Money Flow‌ stayed⁢ at 0.x”:15.
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##summary:

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