Markets· ★★· bearish·

XLM Slides to $0.216 as Exchange Deposits Jump 160%

  • —XLM trades at $0.2158 after a 2.75% decline in 24 hours
  • —XLM exchange deposits jumped 160%
  • —RSI at 56.8 per Blockspot, MACD below signal line — bearish
  • —Key levels: support $0.2140, resistance $0.2176
Why it matters: Rising exchange deposits could add selling pressure; holding $0.2140 will determine whether XLM rebounds or extends its pullback.
Source: Crypto Daily