Stellar (XLM) Double-Confirms Death Cross, But It Has Another Support Available

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Stellar (XLM) is trading at $0.1684 after rising as high as $0.2370 in October, and its daily trend remains fragile. The 50-day moving average has crossed below the 100-day average and is approaching the 200-day average near $0.19, confirming a double death cross. All three averages are now above the price and could act as resistance, while the RSI near 40 indicates weakness without being oversold. The $0.15 area, previously defended in August, is the main support level to watch; if it breaks, $0.14 could become the next downside target.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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