The given crypto news content discusses the current situation of three major cryptocurrencies: Stellar (XLM), Solana (SOL), and Ethereum (ETH).

Regarding Stellar, the article states that the asset has broken below important moving averages, such as the 50 EMA and the 26 EMA. This indicates a lack of momentum and exposes the asset to additional declines. The next support level for XLM is located at $0.31, with a potential correction towards the 200 EMA at $0.24 for long-term investors.

For Solana, it is approaching a crucial support level, the 200 EMA, which may determine if it enters a bearish phase. The recent decline below the 50 and 100 EMAs has shattered investor confidence, and Solana may experience lower price levels if the 200 EMA support breaks. A retest of the $200-$210 resistance level could be possible if there is a reversal.

As for Ethereum, it has been declining and is edging perilously near the 200 EMA. If this level is broken, it could signal a protracted bearish trend. On-chain metrics show that Ethereum's supply has been steadily growing since the merge, potentially eliminating the deflationary advantage. The article suggests that there has been a lack of demand for ETH, leading to inflationary supply dynamics. The resistance levels for Ethereum are between $3,416 and $3,570, and a quick recovery seems unlikely given the declining volume and RSI.

Overall, the news highlights the challenging positions of Stellar, Solana, and Ethereum, with potential further declines and bearish trends.



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