
XLM Slips Below $0.20 as Stellar's September Momentum Fades
- —XLM trades near $0.1980 after a 13.1% seven-day decline
- —Daily RSI(14) at 34.94 and MACD at -0.002 both flash sell signals
- —Price broke below the 50% Fibonacci retracement at $0.20448 and short-term averages
- —Immediate support is $0.1970 (61.8% Fib), with $0.1810 next if it fails
Why it matters: Losing $0.1970 opens the door to $0.1810, while reclaiming $0.20448 would hand control back to buyers.
Source: Crypto Daily