Stellar (XLM) Price Drops 5% As Key $0.32 Support Level Breaks

CryptoStatCoins

Bearish

Stellar (XLM) Price Drops 5% As Key $0.32 Support Level Breaks

Stellar's XLM cryptocurrency has experienced a significant 5% price decline, falling below the crucial $0.32 support level that traders had been monitoring closely. This technical breakdown suggests potential further downward movement in the short term as the digital asset struggles to maintain its position against selling pressure in the cryptocurrency market.
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