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Will Stellar pull off a sustained rally over the course of December
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Just like most of the market’s coins, Stellar has seen its own share of highs and lows this quarter. September blues haunted the coin as it ended up shedding close to 30% of its value, despite making a local high. Post that, it did rally in the first half of October, but soon set into consolidation after that.
By and large, November was a dry month for the coin and its red candles were longer than the green ones. Now, as far as December is concerned, the 23rd largest alt managed to bounce back quite well. In fact, XLM’s parabolic recovery on its daily chart was the highlight.
So, the question of relevance at this point remains to be, whether or not the alt would be able to continue inching higher in the coming days.
XLM/USDT || Source:
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