As the early Monday morning progresses, it will be interesting to see which crypto markets can recover some losses sustained over the weekend. For the time being, it seems none of the top markets show much interest in moving up again. Even the Stellar price is still down by roughly 2%, even though there are some interesting developments behind the scenes.

Stellar Price Trend Isn’t too Promising

For those people who keep a close eye on the various crypto, token, and asset markets, it quickly becomes apparent there is plenty of exciting momentum behind the scenes of most markets. On the surface, the prices are not necessarily following these developments to a T. Stellar is a good example in that regard. While there are some key partnerships being forged as of late, the XLM value is not responding in kind just yet.

The next balance for the Stellar price is a 1.88% decrease in USD value and a 2.08% loss over Bitcoin. Neither of these trends is particularly worrisome either, but they do confirm the bear market is far from over…

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Source: https://themerkle.com/xlm-price-tries-to-recoup-losses-as-traders-hope-for-a-big-bounce/