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XLM slips below $0.175: Can buyers defend the next support?

XLM slips below $0.175: Can buyers defend the next support?

Photo: AMBCrypto

Stellar’s XLM has fallen below the $0.175 area that buyers were watching last week. It traded around $0.1691 on October 27 after dipping to $0.1665 during the session. A look at the chart showed that buyers briefly slowed the decline, but they have not been able to hold on to those gains as XLM continues to trade below its recent highs. Last week’s bounce fades On October 23, XLM was trying to find its footing around the $0.175 price area. That area is important because it gave buyers a chance to stabilize the price after its negative trends.

Source: AMBCrypto

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