CandleFocus

Here Is Why Stellar (XLM) Could Lose the $10 Billion Market Cap Soon

The price of Stellar (XLM) has declined by 10% over the past week and is struggling to maintain its $10 billion market cap. Momentum indicators, such as the RSI, show increased selling pressure and a potential move towards oversold conditions. The Ichimoku Cloud chart also indicates a bearish outlook, with XLM trading below the cloud and no immediate signs of reversal. Traders are closely monitoring the $0.351 support level, as a failure to hold could lead to further declines, while a successful rebound may result in a recovery towards $0.40 and beyond.

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