Stellar (XLM) is gaining impressive momentum, marking a 10% increase in the last 24 hours. The cryptocurrency is heading towards a significant golden cross formation on its four-hour chart, a bullish signal that traders often watch closely.

As the price of XLM rises, it indicates a growing interest from traders looking to capitalize on this upward movement. A golden cross emerges when a short-term moving average crosses above a long-term moving average, suggesting sustained bullish momentum ahead.

Investors should keep a close eye on XLM as it approaches this pivotal point. Timely decisions can lead to considerable opportunities in trading strategies with a favorable outlook.