Stellar Decline: Critical Support Level Broken

Stellar (XLM) has declined from $0.2580 to $0.2548 in the last 24 hours, breaking the rising trend support. This decline has caught the attention of investors.

Additionally, trading volume increased by %78 at the critical breaking point, reaching 30.4 million units. This situation indicates a decrease in investor confidence.

The price tested the $0.2500 psychological support level. During this period, where selling pressure has increased, the market outlook for XLM has become even more pessimistic.