XLM defends major moving averages as buying pressure builds

Key takeawaysXLM remains above important moving-average support zones, preserving its broader bullish structures.
Its long-to-short ratios rose to 1.15, approaching one-month highs.
XLM faces immediate resistance at $0.20, followed by targets at $0.218 and $0.237.Stellar’s XLM is trading above important support zones on Tuesday, maintaining the possibility of further gains despite mixed momentum signals.
Derivatives data also showed an increasingly bullish tilt toward the cryptocurrency. P