CandleFocus Will XLM Hold Above $0.30, or Is a Drop Below $0.26 Imminent?
2025-03-01
Author: Content Editor
The article discusses the current price trend of Stellar (XLM) in the cryptocurrency market. Despite a decline in XLM's price, the coin is trading in an uptrend sign and is approaching a crucial support level between $0.23 and $0.20. The selling pressure remains dominant, reflected by a bearish pattern on the daily chart. A break below $0.26 could lead to further declines, while buyers stepping in could stabilize the price within the support range before a possible recovery. The article also mentions a significant price surge in late October to early November, followed by a retracement and stabilization around $0.30. Strong trading activity during these periods suggests market interest and speculation. The current XLM price is $0.3017, showing positive performance against Bitcoin.
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