The staller’s native token XLM fell with a broad market in the last 24 hours, with large volumes at the turn of the day. This decline also occurred as rain, the global card -issuing platforms, operated by Stabecrims, announced support for the staller with integration with solan and tron.
The XLM declined by 7% in 24 hours, which fell from 0.288 to 0.271, with exceptionally high sales volume. Cryptocurrency dives out of a trendline, marked recovery from April offering, copying a pattern viewed in payment-focused cryptocurrency XRP.
Nevertheless, despite the decline in value, integration of the steller with rain provides a rare bright place in the market spirit. Integration is a meaningful step towards adopting the mainstream, so that users can spend stabechoin organized on these high-thorruput networks for everyday purchase.
technical analysis
- XLM-SUD experienced a 7% decline in 24 hours, falling from 0.288 to 0.271.
- The exceptional high -selling volume of 76.9 m was at midnight (00:00), which established strong resistance at 0.280.
- With adequate purchase volume (74.7m) during 01:00 hours, support emerged around 0.270–0.271.
- The value formed an important support area on 0.270–0.271, which was tested several times with high volume.
- A temporary recovery began at 09:43, making a ascending channel pattern before the pressure returned.
- Unstable trade was shown in the last hour, the prices declined by 0.270 to 0.270, then fell back to high volume (2.24m) to 0.271.
