XLM Plunges 5% as Key Support Levels Collapse

The cryptocurrency known as Stellar Lumens (XLM) experienced a significant decline, dropping by 5% as crucial support levels failed to hold, indicating a potential shift in market sentiment and heightened selling pressure among investors. This abrupt decrease not only raises concerns about the asset's short-term stability but also highlights the ongoing volatility in the cryptocurrency market, as traders grapple with various factors influencing price movements. source: https://www.coindesk.com/markets/2025/10/09/xlm-plunges-5-as-key-support-levels-collapse