XLM drops 7.3% to $0.199 and tests support levels
- —XLM fell 7.30% to $0.1992 from an open of $0.2150
- —Volume of $225.3M was 17.81% below the 30-day average
- —Price sits below SMA-7 and SMA-15, MACD stays bearish
- —Stochastic at 4.6% signals oversold conditions
Why it matters: XLM still holds above its SMA-50 and SMA-200, but weak volume and bearish indicators do not confirm an imminent reversal.
Source: DiarioBitcoin