Stellar Falls: Critical Support Level Broken

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

Additionally, trading volume surged by %78 during the critical breakout, reaching 30.4 million units. This situation indicates a decline in investor confidence.

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