Markets· ★★· bearish·

Stellar (XLM) confirms death cross as 50-day average drops below 100-day

  • —XLM fell from an October close of $0.2370 to $0.1684
  • —50-day average crossed below the 100-day; 200-day sits at about $0.19
  • —RSI near 40 signals weakness but not oversold conditions
  • —$0.15 held in August and preceded a rally above $0.22
Why it matters: A break below $0.167 opens the path to $0.15, while reclaiming the 200-day average near $0.19 would cancel the bearish setup.
Source: U.Today