XLM’s daily outlook appears bearish following a significant loss in the past week. This came after failing to push above a key level last month and is now back in a downward range, looking ready for another crackdown. After witnessing a small recovery in March, XLM marked resistance at $0.3 and slowly resumed bearish in the late month. This led to dramatic reductions in the past week and is now looking weak on the daily chart. Currently, the selling pressure looks low, but we can expect it to increase as soon as the supply level rises. As we can see
The post STELLAR PRICE ANALYSIS & PREDICTION (April 6) – XLM Poises For a New Drawdown as it Approaches Key Support appeared first on The Merkle News.
