Stellar Slips as Key Support Breaks, Signaling Mounting Bearish Momentum
On November 17, 2025, Stellar (XLM) experienced a 1.2% decline as it fell below key support levels. The price dropped from $0.2580 to $0.2548 amid a significant surge in trading volume, reaching a spike of 30.4 million, 78% above the daily average, indicating strong selling pressure. This breakdown occurred at the critical support level of $0.2521, following a rejection from the resistance near $0.2607. Subsequently, market sentiment shifted, leading to a series of lower price tests with $0.2500 now being the next psychological support target. The market structure has turned bearish, suggesting the possibility of continued downside movement unless the price recovers above $0.2580, which would signify a negation of the current bearish trend.
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