Analysis from U. Today reveals that Stellar (XLM) is currently facing a bearish trend marked by the confirmation of a ‘death cross’, a technical pattern where the 50-day moving average falls below the 200-day moving average, often signaling a prolonged decline in value and investor confidence. However, this may not be as definitive as it appears. XLM has experienced a month-long downtrend, dropping over 3% within the past day and currently trading at around $0.234. This recent downturn is reflected by the ‘death cross’ formation, which only recently materialized. 50-day and 200-day moving averages are sloping downwards, adding to the bearish signals. However, there are some early indications that this death cross may not be accurate. The Relative Strength Index (RSI) stands at approximately 38, suggesting a potential short-term technical rebound as selling pressure might have become overextended. Although trading activity has increased recently, it’s not at the extreme levels typically associated with significant trend reversals. This leaves room for a possible fake-out scenario. If XLM triggers panic selling due to the death cross and fails to recover vital resistance levels, $0.26 and $0.28 – where the 50-day and 200-day moving averages currently lie – its bearish narrative might not hold. A breakout above these thresholds would signal fresh bullish momentum, refuting the bearish thesis altogether. While Stellar’s death cross is certainly a warning sign, caution should be exercised to avoid reacting emotionally to this technical indicator. The next few days could offer clues as to XLM’s actual trajectory, which may not definitively lean towards bearishness.