Stellar Price Surge Sparks Overbought Concerns and Predictions

The Stellar cryptocurrency has experienced an explosive 23% pump, causing its Relative Strength Index (RSI) to reach 83, which is typically a sign of overbought conditions. This suggests that a correction may be imminent, potentially pulling the price back down to $0.20 support.

Despite this, some analysts believe that Stellar's price could continue to rise, with predictions calling for a target of $0.35 within two weeks. However, the derivatives market tells a different story, with open interest dropping 17% in 24 hours and smart money appearing to take profits rather than doubling down.