XLM suffers from great fluctuations and faces clouds with weakening investor morale. Despite the recovery attempts, Altcoin is struggling to restore its previous levels.
Market conditions continue to exacerbate, as investors are largely reluctant to re -enter the market, which contributes to the continuous decline in the price.
Star investors are not certain
The flow of Chaikin (CMF) has been suspended below the zero line since the beginning of the month, indicating strong flows from XLM. This indicates that the invested uncertainty impedes the new flows in the first place.
Since CMF remains negative, it reflects the lack of confidence in XLM horizons in the short term. Investors seem to withdraw their money, which leads to huge feelings in the market.
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The RSI is also sliding the XLM at the bottom of the neutral line, which enhances the hybrid view. RSI is an important indicator that tracks momentum on the market, and its current position shows increasing weakness in XLM.
With RSI go down, the broader market environment for XLM remains unfavorable. This also supports the idea that at the present time, Altcoin is under great sale pressure, and any possible restoration that looks out.
The price of XLM does not notice a declining trend
XLM price is currently at $ 0.40, and they are trying to keep this level as support. However, given the current market conditions and the above indicators, XLM seems unlikely to restore its short term losses. SAR is the equivalent over the candlesticks on the continuous landfill, which makes it difficult for Altcoin unlike its course.
The following important support level for XLM is $ 0.35, which it lasts more than a month ago. If the declining direction continues, the price may decrease to this level, which leads to further sale of investors. This would enhance the morale of the descending market and can prolong the twice the price.
However, if XLM managed to apostasy from the support level of $ 0.40, a recovery may witness about $ 0.42 or even $ 0.45, provided that investors transfer their spirits and re -enter the market. A successful recovery would nullify the declining thesis.
Post Stellar (XLM) faces more downward trend as external flows do not show any end that first appeared on Beincrypto.
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2025-08-21 06:00:00
