Stellar has broken down from the bear flag, and has hit my "possible target" at the 200 EMA (in purple) that I published earlier today. If the 200 EMA is lost, XLM could plummet all the way down to $0.3000 or lower. Sell-side momentum is expanding, so further downside is possible. This is an emergency update.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.