Anasayfa Korku ve Açgözlülük Madencilik Havuzları cüzdan Sözlük duyurmak Facebook Twitter Telegram Reddit Youtube
Kripto Değeri:
24-Saat Hacmi:
Aktif Kripto Para Birimleri: 11975
Pazar: 92589
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Kripto Değeri
24-Saat Hacmi
11975
Aktif Kripto Para Birimleri
54.28%
Bitcoin Pay
crypto.news 2024-12-10 15:51:30

Stellar price is crashing: how low can XLM fall?

Stellar price is crashing: how low can XLM fall?

Stellar price suffered a harsh reversal as recent momentum faded, and a sea of red clouded the crypto industry. Stellar Lumens ( XLM ) crashed to a low of $0.3570, its lowest level since Nov. 23, and about 45% below its highest point this year. This decline is part of the ongoing meltdown in the cryptocurrency market. Bitcoin ( BTC ), which often sets the tone for the broader crypto industry, dropped to $97,700, significantly lower than last week’s high of $104,000. Stellar’s retreat also coincided with Ripple ( XRP ) dropping to a key support level of $2, down 25% from its all-time high. XLM often experiences larger swings than XRP. For instance, XLM surged by over 500% in November, compared to XRP’s 450% rise. You might also like: Hedera price prediction: can it continue its bullish momentum? Despite the current downturn, some potential bullish catalysts could push Stellar’s price higher in the long term. First, there are rising odds that Donald Trump’s administration may be more favorable to the crypto industry. In a statement this week, Eric Trump noted that his father was committed to make the US the crypto capital of the world. He has already nominated Paul Atkins , a well-regarded regulator, to be the next SEC chair. Second, there is growing anticipation of a spot XLM ETF in 2025, which could attract significant inflows from institutional investors. Additionally, more developers are adopting the Stellar blockchain, with the total value locked in its decentralized finance network rising to $46 million . Stellar’s stablecoin market cap currently stands at over $146 million. Stellar price analysis XLM price chart | Source: crypto.news The daily chart indicates that XLM’s price has suffered a harsh reversal, as previously predicted . This pullback followed the formation of a near double-top pattern at $0.6040, a well-known bearish market signal. Stellar’s price has fallen below the neckline at $0.4168 and the 38.2% Fibonacci retracement level. This decline is partly attributed to the coin entering the markdown phase of the Wyckoff Method. According to Wyckoff’s theory, assets go through four phases: accumulation, markup, distribution, and markdown. The markdown phase is characterized by supply outpacing demand. If this trend continues, the next potential level to watch is $0.2900, corresponding to the 61.8% retracement point. This target also aligns with the double-top measurement. In the long term, however, there are odds that the Stellar price will bounce back and reach $1 . This view will become valid if it rises above the year-to-date high at $0.6355. You might also like: IOTA price suffers a deep reversal: is the rally over?

En Okunan haberler



Cryptohopper
hardware wallets, hardware , wallets, Crypto Currency, Cryptocurrency hardware wallets, Crypto Apparal, crypto wallet, Cryptocurrency wallets

Kripto Değeri
24-Saat Hacmi
54.28%
Bitcoin Pay
416
Bugünün Haberleri
Feragatnameyi okuyun : Burada sunulan tüm içerikler web sitemiz, köprülü siteler, ilgili uygulamalar, forumlar, bloglar, sosyal medya hesapları ve diğer platformlar (“Site”), sadece üçüncü taraf kaynaklardan temin edilen genel bilgileriniz içindir. İçeriğimizle ilgili olarak, doğruluk ve güncellenmişlik dahil ancak bunlarla sınırlı olmamak üzere, hiçbir şekilde hiçbir garanti vermemekteyiz. Sağladığımız içeriğin hiçbir kısmı, herhangi bir amaç için özel bir güvene yönelik mali tavsiye, hukuki danışmanlık veya başka herhangi bir tavsiye formunu oluşturmaz. İçeriğimize herhangi bir kullanım veya güven, yalnızca kendi risk ve takdir yetkinizdedir. İçeriğinizi incelemeden önce kendi araştırmanızı yürütmeli, incelemeli, analiz etmeli ve doğrulamalısınız. Ticaret büyük kayıplara yol açabilecek yüksek riskli bir faaliyettir, bu nedenle herhangi bir karar vermeden önce mali danışmanınıza danışın. Sitemizde hiçbir içerik bir teklif veya teklif anlamına gelmez