{"id":1279569,"date":"2026-06-16T11:09:51","date_gmt":"2026-06-16T08:09:51","guid":{"rendered":"https:\/\/www.etoro.com\/?p=1279569"},"modified":"2026-07-21T23:16:00","modified_gmt":"2026-07-21T20:16:00","slug":"crypto-corner-xlm-looks-for-key-support","status":"publish","type":"post","link":"https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/crypto-corner-xlm-looks-for-key-support\/","title":{"rendered":"Crypto Corner: XLM Looks for Key Support"},"content":{"rendered":"

The Daily Breakdown takes a closer look at Axelar and Alchemy Pay, before diving into the charts of Stellar (XLM).<\/p>\n

Before we dive in, let\u2019s make sure you\u2019re set to receive The Daily Breakdown each morning. <\/span><\/i>To keep getting our daily insights<\/i><\/b>, all you need to do is <\/span><\/i>log in<\/span><\/i><\/a> to your eToro account.<\/span><\/i><\/p>\n

Crypto Corner<\/b><\/h2>\n

We\u2019re continuing our talk about the ins and outs of the crypto market, helping investors become more familiar with the <\/span>110+ cryptoassets offered by eToro<\/span><\/a>. Today we\u2019ll discuss Axelar and Alchemy Pay.<\/span><\/p>\n

Axelar (AXL): Trading near $0.04 with a market cap of ~$55 million<\/b><\/p>\n

Axelar<\/a> is a Cosmos-based cross-chain communication network that lets dApps move assets, data, and contract calls across 60+ connected chains. AXL powers staking, fees, and governance, while validators secure message routing through proof-of-stake. Axelar\u2019s developer tools help apps operate across multiple blockchains without being tied to one network. This makes Axelar a middleware layer for multichain development, while AXL\u2019s role remains utility-based rather than a claim on ownership, dividends, or protocol profits.\u00a0<\/span><\/p>\n

Alchemy Pay (ACH): Trading near $0.005 with a market cap of ~$54 million<\/b><\/p>\n

Alchemy Pay<\/a> is a crypto-fiat payments network linking digital assets with traditional rails for merchant checkout, on\/off-ramps, and wallet\/dApp integrations. Operating across 70+ countries with 300+ payment channels, it connects partners such as Binance, Shopify, NIUM, and QFPay. ACH is an Ethereum-based utility token used for fees, discounts, staking, and incentives \u2014 not equity, dividends, or profit-sharing.<\/span><\/p>\n

Check out these crypto offerings \u2014 and many more \u2014 on <\/b>eToro\u2019s Discover page<\/b><\/a> and consider adding them to your watchlist. <\/b>AXL and ACH are not currently available for NY users. <\/span>Learn more<\/span><\/a>. <\/span><\/p>\n

Want to receive these insights straight to your inbox?<\/strong><\/p>\n

Sign up here<\/a><\/p>\n

The Setup \u2014 XLM<\/b><\/h2>\n
\"Daily
Chart as of 8:00 a.m. ET on 6\/15\/2026. Source: eToro ProCharts, courtesy of TradingView.<\/em><\/figcaption><\/figure>\n

There\u2019s no shortage of volatility when it comes to Stellar<\/a>, but technical analysts may point out its recent structure. After soaring toward the 30-cent mark in late May \u2014 approximately doubling in just a few sessions \u2014 XLM pulled back, finding support near the 18-cent mark. Not only was the 200-day moving average nearby, but this level had been resistance for months.\u00a0<\/span><\/p>\n

This \u201crole reversal\u201d \u2014 where old resistance turns into new support \u2014 is something we discussed in this year\u2019s <\/span>Technical Analysis Boot Camp<\/span><\/a>. With the 18-cent level now acting as support, XLM jumped ~12% yesterday and is higher again this morning. Will it continue to hold in the future?<\/span><\/p>\n

Disclaimer:<\/i><\/b><\/p>\n

Please note that due to market volatility, some of the prices may have already been reached and scenarios played out.<\/i><\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

The Daily Breakdown takes a closer look at Axelar and Alchemy Pay, before diving into the charts of Stellar (XLM). Before we dive in, let\u2019s make sure you\u2019re set to receive The Daily Breakdown each morning. To keep getting our daily insights, all you need to do is log in to your eToro account. Crypto…<\/p>\n","protected":false},"author":130,"featured_media":819735,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[6894],"tags":[],"asset_type":[],"class_list":["post-1279569","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-breakdown"],"acf":[],"yoast_head":"The Daily Breakdown's Crypto Corner: XLM Looks for Key Support<\/title>\n<meta name=\"description\" content=\"The Daily Breakdown takes a closer look at Axelar and Alchemy Pay, before diving into the charts of Stellar (XLM).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.etoro.com\/en-us\/wp-json\/wp\/v2\/posts\/1279569\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Daily Breakdown's Crypto Corner: XLM Looks for Key Support\" \/>\n<meta property=\"og:description\" content=\"The Daily Breakdown takes a closer look at Axelar and Alchemy Pay, before diving into the charts of Stellar (XLM).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.etoro.com\/en-us\/wp-json\/wp\/v2\/posts\/1279569\" \/>\n<meta property=\"og:site_name\" content=\"eToro\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/eToro\/\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-16T08:09:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-07-21T20:16:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2024\/01\/DBD_BlogHeader_TW.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@eToro\" \/>\n<meta name=\"twitter:site\" content=\"@eToro\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bret Kenwell\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/crypto-corner-xlm-looks-for-key-support\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/crypto-corner-xlm-looks-for-key-support\/\"},\"headline\":\"Crypto Corner: XLM Looks for Key Support\",\"datePublished\":\"2026-06-16T08:09:51+00:00\",\"dateModified\":\"2026-07-21T20:16:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/crypto-corner-xlm-looks-for-key-support\/\"},\"wordCount\":444,\"publisher\":{\"@id\":\"https:\/\/www.etoro.com\/en-us\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/crypto-corner-xlm-looks-for-key-support\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.etoro.com\/wp-content\/uploads\/2024\/01\/DBD_BlogHeader_TW.jpg\",\"articleSection\":[\"The Daily Breakdown\"],\"inLanguage\":\"en-us\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/crypto-corner-xlm-looks-for-key-support\/\",\"url\":\"https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/crypto-corner-xlm-looks-for-key-support\/\",\"name\":\"The Daily Breakdown's Crypto Corner: XLM Looks for Key Support\",\"isPartOf\":{\"@id\":\"https:\/\/www.etoro.com\/en-us\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/crypto-corner-xlm-looks-for-key-support\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/crypto-corner-xlm-looks-for-key-support\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.etoro.com\/wp-content\/uploads\/2024\/01\/DBD_BlogHeader_TW.jpg\",\"datePublished\":\"2026-06-16T08:09:51+00:00\",\"dateModified\":\"2026-07-21T20:16:00+00:00\",\"description\":\"The Daily Breakdown takes a closer look at Axelar and Alchemy Pay, before diving into the charts of Stellar (XLM).\",\"breadcrumb\":{\"@id\":\"https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/crypto-corner-xlm-looks-for-key-support\/#breadcrumb\"},\"inLanguage\":\"en-us\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/crypto-corner-xlm-looks-for-key-support\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-us\",\"@id\":\"https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/crypto-corner-xlm-looks-for-key-support\/#primaryimage\",\"url\":\"https:\/\/www.etoro.com\/wp-content\/uploads\/2024\/01\/DBD_BlogHeader_TW.jpg\",\"contentUrl\":\"https:\/\/www.etoro.com\/wp-content\/uploads\/2024\/01\/DBD_BlogHeader_TW.jpg\",\"width\":1200,\"height\":630},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/crypto-corner-xlm-looks-for-key-support\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.etoro.com\/en-us\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Daily Breakdown\",\"item\":\"https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Crypto Corner: XLM Looks for Key Support\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.etoro.com\/en-us\/#website\",\"url\":\"https:\/\/www.etoro.com\/en-us\/\",\"name\":\"eToro\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.etoro.com\/en-us\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.etoro.com\/en-us\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-us\"},[]]}<\/script>","yoast_head_json":{"title":"The Daily Breakdown's Crypto Corner: XLM Looks for Key Support","description":"The Daily Breakdown takes a closer look at Axelar and Alchemy Pay, before diving into the charts of Stellar (XLM).","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.etoro.com\/en-us\/wp-json\/wp\/v2\/posts\/1279569","og_locale":"en_US","og_type":"article","og_title":"The Daily Breakdown's Crypto Corner: XLM Looks for Key Support","og_description":"The Daily Breakdown takes a closer look at Axelar and Alchemy Pay, before diving into the charts of Stellar (XLM).","og_url":"https:\/\/www.etoro.com\/en-us\/wp-json\/wp\/v2\/posts\/1279569","og_site_name":"eToro","article_publisher":"https:\/\/www.facebook.com\/eToro\/","article_published_time":"2026-06-16T08:09:51+00:00","article_modified_time":"2026-07-21T20:16:00+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/www.etoro.com\/wp-content\/uploads\/2024\/01\/DBD_BlogHeader_TW.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_creator":"@eToro","twitter_site":"@eToro","twitter_misc":{"Written by":"Bret Kenwell","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/crypto-corner-xlm-looks-for-key-support\/#article","isPartOf":{"@id":"https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/crypto-corner-xlm-looks-for-key-support\/"},"headline":"Crypto Corner: XLM Looks for Key Support","datePublished":"2026-06-16T08:09:51+00:00","dateModified":"2026-07-21T20:16:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/crypto-corner-xlm-looks-for-key-support\/"},"wordCount":444,"publisher":{"@id":"https:\/\/www.etoro.com\/en-us\/#organization"},"image":{"@id":"https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/crypto-corner-xlm-looks-for-key-support\/#primaryimage"},"thumbnailUrl":"https:\/\/www.etoro.com\/wp-content\/uploads\/2024\/01\/DBD_BlogHeader_TW.jpg","articleSection":["The Daily Breakdown"],"inLanguage":"en-us"},{"@type":"WebPage","@id":"https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/crypto-corner-xlm-looks-for-key-support\/","url":"https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/crypto-corner-xlm-looks-for-key-support\/","name":"The Daily Breakdown's Crypto Corner: XLM Looks for Key Support","isPartOf":{"@id":"https:\/\/www.etoro.com\/en-us\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/crypto-corner-xlm-looks-for-key-support\/#primaryimage"},"image":{"@id":"https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/crypto-corner-xlm-looks-for-key-support\/#primaryimage"},"thumbnailUrl":"https:\/\/www.etoro.com\/wp-content\/uploads\/2024\/01\/DBD_BlogHeader_TW.jpg","datePublished":"2026-06-16T08:09:51+00:00","dateModified":"2026-07-21T20:16:00+00:00","description":"The Daily Breakdown takes a closer look at Axelar and Alchemy Pay, before diving into the charts of Stellar (XLM).","breadcrumb":{"@id":"https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/crypto-corner-xlm-looks-for-key-support\/#breadcrumb"},"inLanguage":"en-us","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/crypto-corner-xlm-looks-for-key-support\/"]}]},{"@type":"ImageObject","inLanguage":"en-us","@id":"https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/crypto-corner-xlm-looks-for-key-support\/#primaryimage","url":"https:\/\/www.etoro.com\/wp-content\/uploads\/2024\/01\/DBD_BlogHeader_TW.jpg","contentUrl":"https:\/\/www.etoro.com\/wp-content\/uploads\/2024\/01\/DBD_BlogHeader_TW.jpg","width":1200,"height":630},{"@type":"BreadcrumbList","@id":"https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/crypto-corner-xlm-looks-for-key-support\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.etoro.com\/en-us\/"},{"@type":"ListItem","position":2,"name":"The Daily Breakdown","item":"https:\/\/www.etoro.com\/en-us\/news-and-analysis\/the-daily-breakdown\/"},{"@type":"ListItem","position":3,"name":"Crypto Corner: XLM Looks for Key Support"}]},{"@type":"WebSite","@id":"https:\/\/www.etoro.com\/en-us\/#website","url":"https:\/\/www.etoro.com\/en-us\/","name":"eToro","description":"","publisher":{"@id":"https:\/\/www.etoro.com\/en-us\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.etoro.com\/en-us\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-us"},[]]}},"_links":{"self":[{"href":"https:\/\/www.etoro.com\/en-us\/wp-json\/wp\/v2\/posts\/1279569"}],"collection":[{"href":"https:\/\/www.etoro.com\/en-us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etoro.com\/en-us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etoro.com\/en-us\/wp-json\/wp\/v2\/users\/130"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etoro.com\/en-us\/wp-json\/wp\/v2\/comments?post=1279569"}],"version-history":[{"count":0,"href":"https:\/\/www.etoro.com\/en-us\/wp-json\/wp\/v2\/posts\/1279569\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etoro.com\/en-us\/wp-json\/wp\/v2\/media\/819735"}],"wp:attachment":[{"href":"https:\/\/www.etoro.com\/en-us\/wp-json\/wp\/v2\/media?parent=1279569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etoro.com\/en-us\/wp-json\/wp\/v2\/categories?post=1279569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etoro.com\/en-us\/wp-json\/wp\/v2\/tags?post=1279569"},{"taxonomy":"asset_type","embeddable":true,"href":"https:\/\/www.etoro.com\/en-us\/wp-json\/wp\/v2\/asset_type?post=1279569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}