Stellar Lumens XLM price data analysis 11 July 2019; XLM down 10% due to bearish market

Stellar Lumens XLM is yet another victim of the current crypto market sentiment as the coin has dipped more than 10% within the last 24 hours.

The fact that altcoins are suffering through a serious bearish sentiment is no news as Bitcoin is continuing to struggle at $11,700 price points at press time.

Stellar’s performance within the last month hasn’t been anything to write home about as the coin failed to ride the crypto bullish wave when Bitcoin peaked at a yearly high of $14,000 a couple of days ago.

But it seems like XLM is indeed responsive to the market sentiment, just in the bearish sense rather than bullish.

XLM chart by Trading View

XLM’s resistance levels currently sit at $0.090 as the coin managed to dip below it today at $0.089 during press time.

Should XLM manage to…

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