Stellar price risks a deeper correction toward $0.142
Key takeaways Stellar has fallen below a critical support zone. The long-to-short ratio for XLM has declined to 0.94 and 0.90, respectively. The funding rate for XLM has turned negative, reflecting stronger demand for short positions. XLM continues to underperform Stellar (XLM) remains under pressure on Tuesday after recording modest declines during the previous session. […] The post Stellar price risks a deeper c...
Market relevance: medium. Traders may want to monitor follow-through and confirmation from the affected market or asset.
#Crypto
Key takeaways Stellar has fallen below a critical support zone. The long-to-short ratio for XLM has declined to 0.94 and 0.90, respectively. The funding rate for XLM has turned negative, reflecting stronger demand for short positions. XLM continues to underperform Stellar (XLM) remains under pressure on Tuesday after recording modest declines during the previous session. […] The post Stellar price risks a deeper c...
Market relevance: medium. Traders may want to monitor follow-through and confirmation from the affected market or asset.
#Crypto