Stellar Drops: Critical Support Level Broken

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

Additionally, trading volume surged by 78% during the critical breakdown, reaching 30.4 million units. This 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 bearish.