Stellar Slips as Key Support Breaks, Signaling Mounting Bearish Momentum
Stellar (XLM) experienced a 1.2% drop on November 17, 2025, breaking below crucial support levels due to increased volume and selling pressure. The price fell from $0.2580 to $0.2548 as market momentum shifted negatively after a rejection near resistance levels of $0.2607. A significant volume spike of 30.4 million XLM, 78% above average, accompanied the breakdown, indicating institutional selling activity. With the breach of the ascending trendline support at $0.2527, the price tested the psychological level of $0.2500, raising concerns about further declines. Key levels to monitor include $0.2527 as primary support and $0.2607 for resistance. The analysis suggests continued uncertainty in the market as XLM seeks direction, with immediate downside targets aiming at $0.2500 as the next critical level.
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