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Stellar’s (XLM) 16% Drop Triggers First Major Bearish Signal: What’s Next?
The recent 16% drop in Stellar’s (XLM) price has triggered a first major bearish signal for the cryptocurrency, which is likely to have significant implications for its market performance. The sudden reversal from earlier gains highlights the need for a reassessment of the market dynamics and the potential risks that lie ahead.
As previously mentioned, XLM rebounded from lows of $0.20 in today’s session, reaching $0.239 at press time. While this short-term reversal could be seen as a relief rally, the cryptocurrency still faces significant challenges in the long term.
Source: https://u.today/stellars-xlm-16-drop-triggers-first-major-bearish-signal-whats-next
