Stellar (XLM) Drops 9% – What’s Next?
Stellar (XLM) is down 9.19%, now trading at $0.2635 with a market cap of $8.03B. The market is in Extreme Fear (16), showing strong bearish sentiment.
🔻 Key Levels:
🔹️Support: $0.25 (If broken, next stop is $0.22).
🔹️Resistance: $0.28 - $0.30 (Needs a breakout to turn bullish).
Supply Growth: 7.03% yearly, adding selling pressure.
🔹️Short-term: Still bearish unless XLM reclaims $0.30.
🔹️Long-term: Good buy zones around $0.22 - $0.25.