XLM Traders Alerted: Stellar’s Funding Rate Plummets
Stellar Lumens (XLM) recently touched a pivotal support level at $0.20, raising concerns about its potential for recovery. Currently, XLM finds itself approximately 30% below its peak from May and a staggering 60% off its high for 2024. With falling funding rates, traders need to exercise caution and evaluate their positions. This critical juncture comes amid broader market fluctuations, underlining the challenges Stellar faces in maintaining upward momentum. Investors are closely monitoring these developments as they may significantly impact future trading decisions.