Stellar has been a huge underperformer in the current pullback. It has not even convincingly broken out of the 20-day EMA.
The bears have been defending the $0.13427050 level for the past two days. If the XLM/USD pair turns down from the current levels, it can retest the low at $0.09285498.
On the other hand, if the pair sustains above $0.13427050, it can move up to the next resistance at $0.184. However, we couldn’t find any reliable buy setups at the current levels, hence, we remain neutral on the coin.