- 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.
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