Stellar Trapped: XLM Bounce Stalls Despite Oversold Record

The OG altcoin Stellar (XLM) has just hit a critical low in the Relative Strength Index (RSI), hitting ultra-oversold territory. This hasn’t happened since 2015 - last time a similar setup occurred back in mid 2024, when Stellar (XLM) shot up to $0.40. Decade-Low RSI: Great Opportunity Or Bull Bait? Presently, the OG altcoin is holding the $0.158 support area, but last month’s XLM price performance has been nothing short of brutal. Stellar’s 30% downturn in 30 days paints a picture of rising fear among retail market participants, while big-time players remain conflicted on their sentiment. The current RSI

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