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Here is the link:
https://coinjournal.net/news/xlm-pumps-21-as-euro-stablecoin-launches-on-stellar-network/
XLM/USD has rebounded from lows of $0.139 and could break above $0.20 if bulls sustain the upward momentum
Stellar (XLM) has pumped 21% in the past 24 hours as bulls target $0.20. The positive price action for XLM comes a day after a major European bank announced the issuance of a Euro stablecoin on the Stellar network.
A tweet on the official Stellar account noted:
“We’re thrilled to announce that @Bitbond and Bankhaus von der Heydt are now issuing Euro Stablecoin (EURB), the first stablecoin issued directly by a banking institution on Stellar”.
Among the first clients to use the fully regulated EURB token will be crypto payments firm SatoshiPay. According to Philipp Doppelhammer, the managing director at the German bank, SatoshiPay will incorporate EURB in its cross-border money transfer services.
XLM/USD price jumps 21%
The price of Stellar Lumens has bounced off the 61.8% Fibonacci retracement level ($0.139), buoyed by surging buy-side pressure.
Although the momentum appears to have somewhat slowed, the technical perspective suggests bulls might yet strengthen their case. This outlook will be validated if bulls achieve a daily close above the 20-SMA ($0.171).
Video is from 15 minutes ago, here is the link
https://www.youtube.com/watch?v=UqQdipvJumo
That will teach them to spout rubbish and false information to drive the price down before ramping. This is a buy/hold and buy more. Rainbow chasers will never learn, they lose money on the spread and fees when trying to play the traders game. Once again newbie arrogant telegram punters are RINSED!
https://cointelegraph.com/news/euro-stablecoin-launched-on-stellar-by-one-of-europe-s-oldest-banks
RNS confirmation will send it to the moon
https://cointelegraph.com/news/euro-stablecoin-launched-on-stellar-by-one-of-europe-s-oldest-banks