Stellar faces renewed selling pressure amid bearish derivatives data

Key takeaways Stellar (XLM) remains under pressure despite a modest rebound following last week’s sharp correction. Derivatives data shows a bearish bias, with long-to-short ratios below 1 and funding rates turning negative for the asset.  Stellar (XLM) remained under pressure on Tuesday despite staging a modest recovery following last week’s steep market-wide correction.  Weak derivatives […] The post Stellar faces renewed selling pressure amid bearish derivatives data appeared first on CoinJournal.