🚨 Stellar (XLM) slips below $0.22 — what’s driving the weakness?

avatar
· Views 142

#XLM/USD# fell 1.18% in 24h, underperforming the crypto market as bearish momentum builds ⚠️


🔍 What’s happening?

• ❌ Rejected at key resistance ($0.232 pivot / 30-day SMA)

• 🟠 #Bitcoin# dominance jumps to 59.1% → altcoin liquidity drain

• 💧 24h volume drops 16% to $117M, amplifying downside risk


📉 Technical picture:

RSI near 38, MACD turning negative, and price below major MAs — bears eye a $0.20 support retest.


🧠 But it’s not all doom:

Stellar’s Protocol 23 upgrade, growing RWA tokenization ($500M+), and govt & institutional adoption keep the 2026 outlook alive.


👉 Full XLM price outlook, key levels & long-term forecast here:

🔗 https://www.namecoinnews.com/x...

Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.

Like this article? Show your appreciation by sending a tip to the author.
Reply 0

Leave Your Message Now

  • tradingContest