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Stellar (XLM) and ApeCoin (APE) are both showing signs of weakness as technical indicators point to potential corrections. While Stellar struggles to break key resistance levels, ApeCoin faces a retest of critical support amid declining trading activity.
- Stellar (XLM) faces a potential correction as it struggles to hold above key resistance levels, with technical indicators like MACD and RSI pointing to bearish momentum.
- ApeCoin (APE) risks falling to $0.50–$0.53 if it fails to hold the $0.68 support level, with declining trading volume and open interest adding to the bearish outlook.
- Valour's new Stellar ETP in Swedish krona could broaden traditional investor access to XLM, while Yuga Labs proposes restructuring the ApeCoin DAO to address governance concerns.
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