Stellar Death Cross Emerges on XLM Chart as Price Falls 10%

Stellar (XLM) has formed a death cross technical pattern on its price chart while experiencing a 10% price decline. The cryptocurrency has closed another consecutive month with negative performance, signaling potential continued bearish momentum.

• →XLM has formed a death cross pattern, a bearish technical indicator where short-term moving average crosses below long-term moving average.
• →The cryptocurrency has experienced a 10% price decline accompanying this technical development.
• →Stellar has recorded another monthly close in negative territory, extending its recent poor performance.
• →The death cross formation typically signals potential for continued downward price movement in technical analysis.