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Stellar (XLM) Below Key Indicator, Solana (SOL) Bull Run Officially Ended?
As the cryptocurrency market continues to experience a downturn, Stellar (XLM) has dropped below a key indicator, while Solana’s (SOL) bull run has officially come to an end. Ethereum (ETH) is also on the verge of ending its own rally.
Stellar’s Drop Below Key Indicator
Stellar’s price has broken below the 20-day moving average, which could be a concerning sign for investors. With this move, the cryptocurrency has now lost more than 50% since reaching an all-time high in May last year.
Solana’s (SOL) Bull Run Officially Ends
Despite its recent surge, Solana’s bull run appears to have officially ended, as it has been unable to reclaim the previous highs. The bears seem to be taking control of the market momentum, with SOL’s price showing no signs of recovery.
Ethereum on Verge of Ending Its Rally
After a strong performance in 2024, Ethereum (ETH) seems to be losing its momentum. It is essential for investors to closely monitor the situation as it could indicate that the current bearish trend might continue.
Conclusion
Source: u.today
