Here’s Why the Stellar Price Is Crashing Today

Quick Summary:

Stellar price has lost momentum this month, erasing some of the gains it made in November.

The XLM coin trades at $0.4570, down by almost thirty percent from the year-to-date high.

In line with this view, XLM price may be dropping because it has entered the markdown or distribution phase of the Wyckoff Method.

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Article Details

Author / Journalist: crispus

Category: Crypto

Markets: India

Topics: Stellar Price Analysis XLM Price Analysis Price Analysis Stellar Price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-09 @ 11:53:11 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 507 words

Reading Time: 3 minutes read

Sentences: 40 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 24274387

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 3 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

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