XLM falls 2.17% to $0.1938, tests support levels
- —XLM trades at $0.1938, below SMA-7, SMA-15 and SMA-30
- —Volume of $220.1M is 19.86% below the 30-day average
- —RSI at 43.6 and bearish MACD: no reversal confirmed
- —Down 9.77% over 7 days, up 7.67% over 30 days
Why it matters: As long as XLM stays below its short-term averages, selling pressure persists; a break of the $0.1857 SMA-90 support would open the door to further losses.
Source: DiarioBitcoin