Stellar Price Plummets: Technical Signals Indicate Downward Trend

Stellar (XLM) has experienced a significant price drop in recent months, falling by nearly 16% within the last month and dropping further by 8.2% in the past week. This decline, coupled with reduced futures trading volume, is sparking concerns about continued selling pressure for the cryptocurrency. Technical indicators are signaling this downtrend, suggesting a potential shift from bullish to bearish sentiment.