Stellar did not close above our buy trigger of $0.25, as recommended in the previous analysis. Therefore, we don’t have any position in it.
The XLM/USD pair is gradually falling towards the $0.2 levels, which is a critical support. If this support breaks, the cryptocurrency can slide to the support line of the descending channel at $0.1 levels.
We’d better wait for prices to turn up before suggesting any long positions in it.