Stellar (XLM) Eyes Breakout—Or a 20% Drop?
Stellar (XLM) is consolidating under trendline resistance, setting the stage for a potential breakout or another rejection.
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Stellar (XLM) is consolidating under trendline resistance, setting the stage for a potential breakout or another rejection.
Stellar (XLM) is showing modest recovery signs after a two-day decline, currently up 1.01% in the last 24 hours and trading at $0.27. Despite this slight rebound, XLMs price remains below the 50-day simple moving average (SMA), now at $0.297, signaling ongoing bearish pressure.
Stellar (XLM) is showing mild signs of recovery following a two-day decline toward the weekend. At the time of writing, XLM is up 1.01% in the last 24 hours, trading at $0.27.
Stellar (XLM) is holding steady around $0.26 – but can it explode to $2 in just 15 days? The chart shows key signs, and the answer might surprise you!
Stellar (XLM), the low-cost cross-border payment protocol and rival to XRP, has yielded to bearish pressure in the last 24 hours. CoinMarketCap data shows that XLM has reversed the previous gains recorded within the last seven days in the crypto market.
Pi Network price could be on the verge of a parabolic rally after Pi Coin partnered with the Stellar network to conduct tests for a stablecoin. This partnership might aid a Pi Coin price recovery after the altcoin recorded one of its worst trading weeks since launch after plunging by 17%.
In recent weeks and months, XRP has once again become one of the most talked about cryptocurrencies in its 11+ year history. It is understandable, as the price of XRP has surged more than 500%, outperforming Bitcoin (BTC).
XLM, the native token of Stellar, is garnering massive attention from traders and investors as it approaches a significant price decline. During its recent upward movement in late February and early March 2025, the asset formed a bearish rising wedge pattern.
Bitcoin (BTC) bulls have maintained the pressure and are attempting to push the price above the $90,000 resistance. A positive sign in favor of the bulls is that the US spot Bitcoin exchange-traded funds have witnessed net inflows for eight successive trading days, according to SoSoValue data.
In the ongoing market uncertainty, Stellar's native token, XLM, appears bearish and is poised for a price decline due to the bearish price action it has formed on the four-hour timeframe. At the beginning of March 2025, XLM experienced impressive upside momentum, but it later formed a bearish rising wedge pattern.
Top XRP rival, Stellar (XLM) has registered a 2.55% uptick in the last 24 hours and a 7.26% rise in the last seven days. This has pushed its price to $0.2977 as the asset continues to gain against XRP amid the altcoin rebound.
Stellar (XLM) is up 11% over the past seven days, bringing its market cap to nearly $9 billion as bullish momentum continues to build. After a period of consolidation, recent indicators suggest that XLM may be preparing for another move higher.
Pelago Labs announced on March 25th that it leveraged integration with Stellar to build its crypto-enabled supply chain financing platform. The solution tokenizes and fractionalizes the account receivables of accredited buyers to create smaller and supplier-specific representations.
KuCoin has introduced new USDC trading pairs for Stellar (XLM), Toncoin (TON), and Ethena (ENA). Following the announcement, the prices of all three tokens saw modest gains as traders responded to the development.
XLM's historical price trends reveal sharp declines following bubble risk spikes.
A potential breakout scenario has been identified for Stellar (XLM), which might have implications for its short-term price. In a recent tweet, Ali Martinez, a crypto analyst, noted that XLM is consolidating within an ascending triangle pattern, and if a breakout occurs, XLM could see a 17% surge in value.
The global $2.84 trillion crypto market has fallen 3.8% in the last 24 hours but some analyses suggest that Stellar's $XLM could have a mini breakout of its own soon. Leading cryptocurrency Bitcoin ($BTC), which typically sets an erratic pace for the rest of the market to follow, is down 2.
Stellar's XLM token has climbed 6% over the past week as the broader crypto market shows signs of recovery. At press time, the altcoin trades at $0.28.
The crypto industry is experiencing capitulation, as most top projects that started the week positively, including Stellar (XLM), have commenced shedding their gains. The XRP rival has seen its price drop by 1.76% in 24 hours to $0.2873, according to CoinMarketCap data.
Ripple rival Stellar Lumen (XLM) is poised for massive upside momentum as it has formed a bullish price action pattern on the daily timeframe and is now garnering significant attention from traders and investors.
Bitcoin and many altcoins cautiously bounced back on Wednesday ahead of the Federal Reserve interest rate decision. Bitcoin (BTC) rose to $84,500 as it struggled to move above the psychological barrier of $85,000.
In a landmark regulatory move, the United States SEC has dropped its appeal and lawsuit against crypto company Ripple Labs. Ripple CEO Brad Garlinghouse confirmed the updates, ending a legal fight that began in December 2020. Meanwhile, the development sparked optimism in the cryptocurrency community, with remittance tokens leading the altcoin rebound.
Stellar (XLM) has seen a price rebound, registering an 8% uptick over the last 24 hours as the market sees renewed interest. This price movement marks a rebound from recent declines, with eyes on where XLM will trend next.
OpenZeppelin's Contract Wizard now supports Stellar (XLM)'s platform, simplifying the creation of secure and standardized smart contracts for the network.