Stellar (XLM) Loses 10%: Is It Enough to End the Bull Run?
Photo: U.Today
Stellar is facing renewed selling pressure, with XLM losing approximately 10% over the past seven days and falling back toward the psychologically important $0.20 level. The latest decline has weakened what had previously looked like a relatively strong September recovery. XLM currently trades around $0.2031, down almost 6% over the latest 24 hours. Its market capitalization has consequently fallen to approximately $7.11 billion, while 24-hour trading volume stands at $202.65 million, itself down 7.52%. The technical picture has deteriorated quickly . Stellar reached approximately $0.233–$0.235 in late September after breaking above several major moving averages.
Source: U.Today
