Stellar Slips as Key Support Breaks, Signaling Mounting Bearish Momentum

Stellar (XLM) experienced a 1.2% decline on November 17, 2025, breaking below a key ascending trendline and critical support level at $0.2527. This decline was accompanied by a significant increase in trading volume, spiking by 78% to 30.4 million. The price fell from $0.2580 to $0.2548, with a choppy consolidation of approximately 3.3%. The market sentiment shifted following a strong rejection at the resistance level of $0.2607, indicating deteriorating momentum. The major move occurred around 13:00 UTC when the breakdown below the support line at $0.2521 led to additional selling pressure, driving the price to a new low at $0.2531. Analysts now observe potential support at the psychological level of $0.2500, suggesting an immediate downside target while resistance remains at $0.2607. The current bearish structure must recover above $0.2580 to negate further declines.

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