Stellar fell below the support of $0.285.

Stellar dropped from $0.289 to $0.281 in 60 minutes, breaking a critical support level. This decline has increased the dominance of bears in the markets.

Along with the price drop, trading volume peaked at 76.24 million shares. Resistance around $0.290 caused the price to reverse from this level.

Currently, Stellar has formed a trading range between the $0.281 support level and the $0.294 resistance level.