- Stellar is now available for Coinbase users.
- XLM/USD is moving within a strong bullish trend.
Stellar is the best-performing cryptocurrency out of top-20 today. The coin has gained nearly 4% in recent 24 hours to trade at $0.1143 at the time of writing. XLM/USD touched $0.1182 high during early Asian hours, moving within a strong bullish trend.
What’s going on
Coinbase added Stellar Lumens (XLM) to the list of tradable digital coins available at Coinbase.com and the Coinbase Android and iOS apps. It means that Coinbase customers in most jurisdictions now can buy, sell, convert, send, receive, or store XLM with Coinbase.
According to the press release published by the company, the decision to add Stellar was based on customer demand to add more assets to the platform.
On the previous week, the company launched Stellar trading on Coinbase pro accounts.
Stellar’s technical picture
XLM/USD has settled comfortably above both DMA50 and DMA100 ($0.0872 and $0.0974 respectively). These levels now serve as supports that might limit the downside should the correction to gain traction. On the upside, the next focus is on psychological $0.12, followed by $0.1284 (the highest level of 2019) and $0.1428 (December 24 high).
XLM/USD, 1D chart
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