CryptoStatCoins

Bearish

XLM Price Drops Below Critical $0.25 Support Level Amid Altcoin Market Decline

Stellar's XLM token has broken through the crucial $0.25 support level as the altcoin market experiences continued downward pressure. The breach of this key technical level signals potential further downside for XLM, which is now trading at its lowest levels in recent weeks. Market analysts note that the broader altcoin sector is facing significant selling pressure, with many digital assets posting substantial losses. Technical indicators suggest that XLM may find next support around the $0.22 level if the current bearish trend persists. Trading volume has increased during the decline, indicating strong selling momentum across the cryptocurrency market.
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