A significant long position in Stellar ($XLM ) was liquidated at $0.385, totaling $71,000.
Key Insights:
Recent Liquidation: A $71K long position was liquidated at $0.385, indicating potential bearish pressure.
Current Price: $XLM is trading around $0.3979, showing a slight decline from the liquidation price.
Intraday Movement: High of $0.4126, low of $0.3677, suggesting volatility.
Short-Term Outlook: Analysts predict a potential rise to $0.6686 by 2025.
Long-Term Forecast: Projections estimate a value of $2.67 by 2030.
Next Move: Monitor support levels around $0.3677 and resistance near $0.4126. Consider setting stop-loss orders to manage risk.
Stay informed and trade cautiously.
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