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XLM at Risk of 40% Price Drop, Bearish Pattern Sparks Sell-Off Warnings

Coinpedia LogoCoinpedia10h ago

XLM at Risk of 40% Price Drop, Bearish Pattern Sparks Sell-Off Warnings - Coinpedia

Quick Summary:

This bearish outlook is further supported by intraday traders, who seem to be strongly betting on short positions, as reported by the on-chain analytics firm CoinGlass.

This on-chain data clearly shows that there is no power on the bull’s side, and the bears are the ones leading the XLM.

XLM is currently trading near $0.33 and has experienced a price decline of over 7.50% in the past 24 hours.

More Pictures

XLM at Risk of 40% Price Drop, Bearish Pattern Sparks Sell-Off Warnings - Coinpedia (Picture 1)XLM at Risk of 40% Price Drop, Bearish Pattern Sparks Sell-Off Warnings - Coinpedia (Picture 2)XLM at Risk of 40% Price Drop, Bearish Pattern Sparks Sell-Off Warnings - Coinpedia (Picture 3)

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Article Details

Author / Journalist: Chandan Gupta

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-05 @ 20:02:23 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 325 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 22 words per sentence (average)

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

Copyright Owner: © Coinpedia

News ID: 25913852

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About Coinpedia

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Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 28 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

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The story "XLM at Risk of 40% Price Drop, Bearish Pattern Sparks Sell-Off Warnings" was covered 10 hours ago by Coinpedia, a news publisher based in United States.

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The outlet is headquartered in United States and publishes an average of 28 news stories per day.

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  • News ID: #25913852
  • URL: https://chronographically.beamstart.com/news/xlm-at-risk-of-40-17387860725764

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