🤑 The price of #XLM is still falling
In the daily time frame, the currency continues to move within a descending channel 📉. But the possibility of breaking it upwards is very close.
Unfortunately, Stellar is not following the V-shaped recovery scenario. The currency is transitioning from a descending channel to a horizontal channel that ranges between ~$0.23 and ~$0.32.
Overall, we are seeing a classic scenario of exiting the bearish trend through lateral movement in the daily frame 📊. It is something we have seen many times before.
