Stellar’s Dramatic Plunge: Is This the End or Just a Dramatic Intermission?
This delightful technical formation, which occurs when the 50-day moving average decides to take a nosedive beneath the 200-day moving average, is the market’s equivalent of a dramatic gasp. Traditionally, it’s a harbinger of doom, suggesting that our dear XLM might be preparing for a descent into the depths of despair. The 50-day SMA has crossed below the 200-day SMA on Stellar’s chart, and one can almost hear the collective sigh of crypto enthusiasts everywhere.