😱 XLM’s Death Cross: Is Stellar About to Ghost Us? 👻

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Well, butter my biscuit and call me disappointed—Stellar (XLM) has decided to take a nosedive, losing over 6% of its value in the last 24 hours. 🤑 Looks like this XRP rival is about to enter the “bearish territory” spa retreat, complete with a looming death cross on its three-hour chart. According to CoinMarketCap (aka the crypto gossip column), the 9-day and 26-day moving averages are having a breakup, and it’s not pretty. 💔

Bearish pattern emerges as XLM price slips 🧊

A death cross, for those not fluent in crypto doomspeak, is basically the technical pattern equivalent of a “Dear John” letter. 📉 It’s like the universe saying, “Hey, Stellar, maybe sit this one out.” And let’s not forget the declining investor confidence—because nothing says “trust me” like a 12.43% drop in trading volume to a measly $845.92 million. 💸

The death cross is expected to form somewhere between $0.4680 and $0.4684, which is basically the crypto version of “between a rock and a hard place.” Meanwhile, XLM has slipped from its $0.493 peak faster than I slip into sweatpants after work. As of now, it’s trading at $0.4608, a 6.45% decline. Ouch. 😬

But wait, there’s more! Stellar’s Relative Strength Index (RSI) is at 74.93, which means it’s slightly overbought and has the momentum of a sloth on a Monday morning. 🦥 Plus, the broader crypto market correction is giving XLM the side-eye. Thanks, universe. 🙄

Stellar’s past gains wiped 🧼

Remember when Stellar was outshining XRP in early July? Yeah, good times. XLM was up 5%, and everyone was like, “You go, Glen Coco!” But now? Not so much. XRP is down 3.47%, but at least it’s not wearing the “biggest loser” crown like Stellar. 👑

And let’s not forget the Stellar Core v23.0.0rc2 update, which was supposed to be the crypto equivalent of a glow-up. It lowered cross-contact call costs and briefly boosted the price by 8%. But apparently, that was just a fling, and now we’re back to reality. 📉

So, what’s next for Stellar? Will it bounce back or continue its downward spiral into the abyss? Only time will tell. But in the meantime, maybe it should consider a rebrand—like, I don’t know, “Falling Star”? 🌠

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2025-07-22 20:20