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Stellar (XLM) confirms short-term death cross after 10% drop, signaling potential further decline.

Technical Signals
10 Jun 2026
UToday
View Source
Bearish
pluang ai news

Stellar (XLM) experienced a short-term death cross on its 2-hour chart after a 10% price decline, following a 103% surge in May driven by news of DTCC's expansion on its blockchain. The 50-day moving average fell below the 200-day moving average, indicating bearish momentum. XLM is currently testing key support levels, with the next resistance targets at $0.21 and then $0.27-$0.29. Meanwhile, Stellar is preparing for major protocol upgrades, including enhanced security features and quantum-safe cryptography, expected through mid-2026 and into 2027.

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