Stellar Price Fluctuates Amid Bearish Trends: Is There a Path to Recovery for XLM?

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Stellar price has experienced significant volatility over the recent period, reflecting broader cryptocurrency market fluctuations. The fluctuations mirror trends observed in most of the data, which has largely turned bearish, indicating that sellers currently dominate the market.
Stellar Price Faces Market Downturn Amid DIP in Open Interest
Data from Coinglass reveals a substantial decline in trading activities for XLM Coin Price. The volume has plummeted by 57.85% to $141 million, indicating a significant drop in market interest.
Furthermore, the open interest has decreased by 6.08%, reaching $38.80 million. This downturn reflects investors’ cautious stance amid fluctuating market conditions
Source: Coinglass
According to data from CoinMarketCap, over the past 24 hours, the Stellar price has been trading between $0.01032 high and $0.00991 low. The cryptocurrency is hovering just above $0.1, strengthening the support level. At the time of writing, the XLM Price Today is trading

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We współpracy z: https://coingape.com/markets/stellar-price-fluctuates-amid-bearish-trends-is-there-a-path-to-recovery-for-xlm/

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