Stellar Slips as Key Support Breaks, Signaling Mounting Bearish Momentum
Stellar (XLM) experienced a decline of 1.2% on November 17, 2025, falling from $0.2580 to $0.2548 as it broke below a key ascending trendline and critical support at $0.2527. The trading volume surged by 78%, exceeding the daily average with a total of 30.4 million XLM during a pivotal breakdown at the $0.2521 level. The increased selling pressure led to testing the psychological support at $0.2500. After a rapid rejection from resistance near $0.2607, XLM confirmed its bearish trend amidst growing volatility. The analysis indicates that the breach of the trendline and the heightened selling volume foreshadowed a potential retest of the $0.2500 zone. The immediate targets for XLM include the $0.2500 mark, reflecting a possible 1.9% decline from the breakdown level, and recovery above $0.2580 is deemed necessary to reverse the current bearish momentum.
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