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TronWeekly

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Stellar (XLM) Price Analysis: Bearish Momentum Builds Below Key Moving Average

  • XLM is trading at $0.28942, staying below the 9 EMA, signaling short-term weakness.
  • Price lingers near the lower Bollinger Band at $0.28543, indicating increased selling pressure.
  • RSI is at 37.47, suggesting weakening momentum with potential for further decline before reaching oversold levels.
  • MACD displays a bearish crossover, supporting the current downtrend in alignment with RSI.

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