XLM at Risk of 40% Price Drop, Bearish Pattern Sparks Sell-Off Warnings

The post XLM at Risk of 40% Price Drop, Bearish Pattern Sparks Sell-Off Warnings appeared first on Coinpedia Fintech News

In this market uncertainty, XLM, the native token of Stellar, appears bearish and is poised for a massive price decline. This bearish outlook is further supported by intraday traders, who seem to be strongly betting on short positions, as reported by the on-chain analytics firm CoinGlass. Traders’ Strong Bets on Short Positions Today, February 6, …