Stellar's XLM is trading within a tight range, fluctuating between $0.2949 and $0.2944 as market uncertainty persists. On November 11, a significant sell-off increased trading volume to 36.08 million tokens, causing prices to dip below the crucial support level of $0.2845. However, buyers managed to stabilize the price around $0.2810.
With limited Stellar-specific news driving the market, traders are concentrating on technical indicators. Key levels include accumulation near $0.2949 and potential resistance between $0.2960 and $0.2970, as they navigate the current market conditions.
Stellar's XLM Holds Steady Amid Market Volatility
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
