Markets· ★★· bearish·

XLM falls 2.34% to $0.168 on volume 44% below average

  • —Price sits below all key SMAs, from 7-day to 200-day
  • —Volume of $106.4 million is 44.26% below the 30-day average
  • —RSI at 32.4 and stochastic at 3.8 point to oversold territory
  • —XLM is down 21.29% over 30 days and 82.12% from its all-time high
Why it matters: Weak volume gives no confirmation of a bottom; without a pickup in trading activity and a break above the 7-day SMA, a rebound looks unlikely.
#XLM
Source: DiarioBitcoin
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