Stellar Analysis

  • Stellar price dropped 13% as the entire market took a downturn.
  • XLM is trying to find a foothold above the swing low formed on May 29 at $0.343.
  • While an upswing may seem likely, the sell-off could continue.

Stellar price entered a deep sell-off as it sliced through a crucial support level. While it appears to have found support on the recent swing low, things could get ugly fast if the sellers continue to dump their holdings.

Join us on FB and Twitter to stay updated on the latest market events.