XLM Price Prediction: Stellar (XLM) Faces Strong Selling Pressure After Rejection at Key Resistance Level

Stellar's XLM cryptocurrency is experiencing renewed selling pressure as it reverses from a crucial resistance level. Technical analysis shows XLM failing to break through this important price barrier, triggering increased selling activity across exchanges. The rejection from resistance indicates potential further downside for XLM price in the short term. Traders are monitoring key support levels as Stellar faces bearish momentum in current market conditions. This price action suggests XLM may need to consolidate before attempting another breakout attempt.