STELLAR LUMENS [XLM] FIGHTS TO BREAK THE 5-MONTH LOSING STREAK

Stellar Lumens struggles with the 0.062 price level in an attempt to break the downward spiral that has dogged it since May 15.

Despite mid-September’s bullish squeeze, the value has deflated again and now needs to exceed 0.0782 to regain market confidence. This price is no coincidence, as it coincides with the 23.6% level of the Fibonacci retracement system since last May’s highs.

The next medium-term target level for the XLM/USD price is at 0.094, coinciding with the 38.2% level of the Fibonacci retracement system.

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STELLAR LUMENS [XLM] FIGHTS TO BREAK THE 5-MONTH LOSING STREAK

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Kane Dane