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Stellar Price Loses Two Support Levels, Faces Another Test

Stellar Price Loses Two Support Levels, Faces Another Test

Photo: Coindoo

XLM traded near $0.1836 on October 14 at 21:30 UTC, down 3.57% on its open daily candle. The XLM/USDT chart on Binance shows a session low near $0.1822, approximately level with the 200-day simple moving average. Price recovered only slightly from that low. XLM is now roughly 22.6% below the late-September peak near $0.237. The Fibonacci levels measure the advance from the August low at $0.1528 to that high, with the 61.8% retracement near $0.1850. The latest decline follows a failed rebound toward $0.205.

Source: Coindoo

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