XLM/USD is the worst-performer among the top-10 coins Critical support comes at $0.3000. Stellar (XLM) is the 6th largest digital coins by market value with capitalization $5.6B and average daily trading volume settled at $72M. On a daily basis XLM lost over 3.5% after a failed attempt at $0.3250 on weekend. The coin is changing hands at $0.3000, down 14% from the recent peak reachd at $0.35 on July 25. Stellar’s technical picture On the intraday basis, XLM dipped below local support levels created by 50- 100 and 200-SMAs (1-hour chart). The price needs to recover above $0.3140 to mitigate short-term bearish pressure and proceed to $.3250 with further bullish aim at $0.3300. On the downside, a sustainable movement below $0.3000 will increase the bearish pressure and open the way towards $0.2800. From the longer-term perspective, break below $0.2600 level, strengthened by 50% Fibo retracement from the recent upside movement, will signal the reversal of the bullish trend. XLM/USD, 1-hour chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next EUR/SEK drops to 3-week lows near 10.23 on GDP FX Street 5 years XLM/USD is the worst-performer among the top-10 coins Critical support comes at $0.3000. Stellar (XLM) is the 6th largest digital coins by market value with capitalization $5.6B and average daily trading volume settled at $72M. On a daily basis XLM lost over 3.5% after a failed attempt at $0.3250 on weekend. The coin is changing hands at $0.3000, down 14% from the recent peak reachd at $0.35 on July 25. Stellar's technical picture On the intraday basis, XLM dipped below local support levels created by 50- 100 and 200-SMAs (1-hour chart). The price needs to recover above $0.3140 to… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
