Stellar Price Below the 200-Day Line: What Counts After 29% Down in 30 Days

Stellar traded at $0.153 at 18:23 UTC, down 8.5% in 24 hours, 11.4% in seven days and 29% in 30 days (CoinGecko). Bitcoin lost 5.6% over the same 24 hours. The trigger came from outside: a Nasdaq chip rout that hit every large coin. The full background is in our piece on the Bitcoin crash. Here is what it means for XLM: which levels count, what could change the picture and how to hedge. Why Is Stellar Down? It Follows Bitcoin We found no Stellar-specific trigger for Thursday's drop.