The (XLMUSD) price settled low in its intraday trading, taking advantage of the stability of the current support at $0.245965, with the emergence of the positive signals on the (RSI),entering exaggerated overbought levels compared by the price move, which suggest the decline of the positive momentum, and the bearish trend is the dominant with its trading alongside a bias line, with the continuation of the negative pressure that comes from its trading below its EMA50, reinforcing the bearish scenario.

Therefore, our forecast suggests a decline in the (XLMUSD) price in its upcoming trading, when breaking the mentioned support at $0.245965, to target its next support at $0.232886.

Todays forecast: Bearish