Stellar Price Analysis: XLM declines by 3.4 percent, will the coin find support at $0.3500?

TL;DR Breakdown Stellar price analysis is bearish for the dayXLM/USD traded within a tight daily range of  $0.3320– $0.3470At the time of writing, Stellar (XLM) is trading at $0.3399. Stellar Price Analysis: General Price Analysis Stellar price analysis is bearish for the day after undergoing a slow decline from the $0.3487 current higher over the past few days. We expect this momentum to continue later this week. Therefore, XLM/USD is likely moving in the direction of the $0.3200 mark next. The virtual currency market has been trading in the bearish zone for the last two days. The majority of the coins lost momentum over the last 24 hours. Market leaders Bitcoin and Ethereum shed 1.79 and 2.02 percent, respectively. However, Solana, Dogecoin, and Cardano gained 11.00 percent, 1.00 percent, and 6.95 percent respectively. Thereby making Solana the hottest gainer of the day Stellar price movement in the last 24 hours: XLM/USD faces gradual downsides XLM/USD traded within a tight daily range of  $0.3320– $0.3470, therefore indicating mild volatility over the last 24 hours. Trading volume has dropped by 21.45 percent and totals $616 million. Meanwhile, the total market cap trades around $7.86 billion, following a 2.75 percent drop on the 24-hour chart.  XLM/USD 4-hour chart: XLM targets the $0.3800 mark next? On the 4-hour chart, we can see the Stellar price action continuing to decline, indicating we might see fur...