US EditionXLM Retests the June Low, Eyes Further Dip - Invest In Crypto News
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CheckCryptoNewsXLM stays below $0.22 as bearish momentum remains – #CryptoUpdatesGNIT
Key takeaways XLM is down by less than 1% and is trading below $0.22. The coin could retest the $0.20 support level if the bearish trend continues. The cryptocurrency market is having a bullish Christmas as Bitcoin and other major cryptocurrencies are in the green. Bitcoin is trading above $87k after dipping below $86k a few hours ago. However, some major altcoins, including Stellar’s XLM, are still in the red despite the current market condit…
Stellar price forecast: XLM stays below $0.22 as bearish momentum remains
Key takeaways XLM is down by less than 1% and is trading below $0.22. The coin could retest the $0.20 support level if the bearish trend continues. The cryptocurrency market is having a bullish Christmas as Bitcoin and other major cryptocurrencies are in the green. Bitcoin is trading above $87k after dipping below $86k a few hours ago. However, some major altcoins, including Stellar’s XLM, are still in the red despite the current market condi…
XLM retests the June low, eyes further dip - Invest In Crypto News
Key takeaways Stellar’s XLM is down 3.4% and is now trading around $0.22. Derivatives data signals a bearish positional buildup, with further downside expected in the near term. XLM derivatives suggest further bearish price action Stellar (XLM) is trading in the red zone for the seventh consecutive day, losing 3.4% of its value in the last 24 hours. The bearish performance comes as the broader cryptocurrency market is bleeding, with XLM now expe…
This Is Why Altcoins Are Bleeding Despite No Major Bearish News
TLDR: Altcoins are falling due to excess leverage, with crowded long positions increasing market fragility. Positive funding rates show imbalances, making altcoins vulnerable without negative news triggers. Declining open interest confirms deleveraging is driving the selloff, not retail panic selling. Spot buyers remain limited, allowing derivatives-driven liquidations to dominate price action. Altcoins are bleeding despite no major bearish new…
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