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XLM price shatters resistance as Chilean Peso-pegged stablecoin goes live on Stellar

XLM price climbs 21% for the week after breaking the resistance established by the Anchored VWAP from March 2020. Today Stellar approached the double

Stellar contemplates introducing AMMs as XLM price eyes retest of $0 303

8/3/2021 5:00:33 AM GMT XLM price takes a breather as it prepares for a 15% upswing to $0.303. Stellar plans to introduce Automated Market Makers on its blockchain via Protocol 18 proposal. A breakdown of the $0.228 support level will invalidate the bullish outlook. XLM price is consolidating in an uptrend after a sharp upswing ended on July 23. A pullback seems likely before the new leg-up begins. Therefore, investors can expect Stellar to retrace to crucial support levels. Automated Market Maker on Stellar Stellar announced on July 1 the introduction of Automated Market Makers (AMMs) as part of its 2021 roadmap. The main focus of this roadmap, especially in 2021, is to improve liquidity. Doing so will allow users on the Stellar network to access this liquidity to convert assets seamlessly and efficiently.

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