The price of Stellar (XLM) is maintaining a green color around the 0.30 USD level on Thursday afternoon, after bouncing back from the support zone near the lower boundary of the falling wedge ( on the daily chart. Data from the derivatives market shows that a bounce back signal is forming, as the funding rate turns positive and the number of longs ) taken by traders has increased significantly. From a technical perspective, the weakening of the downward momentum further reinforces expectations for a short term rebound.