Stellar’s RWA Value Nears $1 Billion – Will XLM Price Turn Bullish?
Stellar's network RWA value nears $1 billion, coinciding with a bullish inverse head and shoulders pattern suggesting a potential price breakout.Summary
Despite Stellar's XLM price being down 34% over the last three months, recent action has stabilized, supported by growing network usage, with the Real-World Asset (RWA) value approaching $1 billion, rising from $890 million at the end of December. Technically, Stellar is forming an inverse head and shoulders pattern on the daily chart, indicating fading selling pressure, with the neckline approximately 12% above the current price; a daily close above this level would confirm a breakout toward $0.330. Supporting this bullish structure are positive Chaikin Money Flow (CMF) readings, signaling steady capital inflows, and visible dip buying shown by the Money Flow Index (MFI) holding higher levels even as the price made lower lows, suggesting large participants are accumulating positions during weakness.
(Source：BeInCrypto)