Stellar (XLM) has gained more than 9% in the last 24 hours, reaching a high of $0.308 in the early Wednesday session. XLM is gaining traction, along with the rest of the cryptocurrency market.

Stellar's cryptocurrency (XLM) has been on an emotional rollercoaster over the past few weeks, with dramatic price fluctuations capturing the attention of traders and investors alike. Following a strong rally, the price of XLM surged, only to quickly drop by over 24%, leaving many wondering if the altcoin will stabilize or continue its downward spiral.

The sentiment across the crypto landscape has completely shifted following the Crypto Strategic Reserve announcement. Amid this, XLM, the native token of Stellar, soared impressively but did not gain as much as expected.

Stellar (XLM) has surged 9% in the last 24 hours, showcasing strong bullish momentum in the market. The cryptocurrency recently held support near the $0.286 level, bouncing back with significant force, a move that has sparked renewed optimism among investors.

Stellar price rose 9% in the last 24 hours, showcasing bullishness. The XLM token price held $0.286 support and showed a bounce back.

The other notable gainers over the past 24 hours include HBAR, NEAR, and XRP.

Is Stellar (XLM) finally rebounding, or is another drop coming? After a strong rally to $0.60, XLM has been in a downtrend, recently finding support around $0.30.

The Stellar (XLM) market has registered a price boost in the past day gaining by 10.77% according to data from CoinMarketCap. This price bounce comes after a rather bearish week marked by significant losses across the general crypto market.

Stellar (XLM) has experienced a notable surge, skyrocketing 18% on March's first day. At the time of writing, Stellar (XLM) was up 18% to $0.302 after reaching intraday highs of $0.3086, extending Friday's rebound from lows of $0.252.

If $0.3 is flipped to support, Stellar prices could bounce to $0.35 and $0.37.

Cryptocurrency prices stabilized on the first day of the month after crashing by double digits on Friday, ahead of Bitcoin's options expiry. Hedera Hashgraph (HBAR) price led the charge among altcoins, rising by 25% on Saturday.

Stellar lumens price declined for the third consecutive day as fear spread across the cryptocurrency market. Stellar (XLM) fell to $0.2740, its lowest level since Feb. 3, and is now 57% below its peak in November.

Stellar (XLM), a cryptocurrency that competes with Ripple, has recently seen a significant price decline, falling below its critical $0.31 support level. This drop has raised concerns about a further plunge of up to 32%, potentially reaching as low as $0.19.

After falling from the $0.31 key support level, Stellar (XLM) could decline by 32% to reach $0.19.

XLM, the native cryptocurrency of the Stellar network, is facing a significant downturn as bearish signals dominate its price action. Following a breakdown of critical support levels, experts suggest a potential 35% drop, with the price possibly reaching $0.189 in the coming days.

With the ongoing market decline, XLM, the native token of Stellar, has turned bearish and is poised for a significant price drop. The primary reason for this bearish outlook is the current market sentiment and the price action XLM has formed on the daily timeframe. Current Price Momentum XLM is currently trading near $0.

Stellar (XLM) price has been in a downturn in the week, pushing several investors out of profit. The token's price action looked more concerning on the monthly chart, as it plummeted by more than 25% during that period.

A spot XRP exchange-traded fund (ETF) is getting closer to approval after the US securities regulator acknowledged the filings submitted by Bitwise, Grayscale, and 21Shares. This approval will bode well for XRP price but crypto traders are looking for the top XRP rivals that could outperform it and possibly rally by 100x.

Societe Generale-Forge, the digital assets subsidiary of French banking giant Societe Generale, has launched a EUR-backed stablecoin ($EURCV CoinVertible) on the Stellar network. The move has the potential to reshape the landscape of stablecoins, offering enhanced compliance, cost-effectiveness, and scalability.

The crypto subsidiary of Société Générale is continuing its multichain expansion with the deployment of its euro stablecoin EURCV on the Stellar network. This strategic initiative, announced last Thursday, is part of a broader approach aimed at strengthening the bridges between traditional finance and the world of cryptocurrencies.

Stellar (XLM) has recently been in a phase of consolidation, forming a bullish flag pattern on its daily chart. Despite the overall bearish sentiment in the cryptocurrency market, XLM's technical setup and on-chain metrics suggest that a breakout could be on the horizon.

XLM consolidates in a bullish flag amidst price volatility, increased TVL, and network growth. Can XLM break above its bullish flag?

Bitcoin is showing signs of strength by rallying within a hair of $100,000. Which altcoins will follow?

Stellar (XLM) enjoyed a strong rally in late 2024 in many ways, mirroring the surge of another popular cryptocurrency: XRP.

Stellar (XLM) is showing signs of recovery after a brief downturn, with its price trading at $0.344. This comes as the digital asset attempts to regain momentum after a period of mixed performance.

Stellar (XLM), the Ripple rival, has reached a pivotal level in its price action, making it a coin to watch closely. After experiencing a sharp 38% drop in price recently, XLM has started to show signs of recovery.

A major European financial institution launches its regulated Euro-backed stablecoin on Stellar, aiming to enhance cross-border value transfers and adoption.

XLM is showing signs of recovery, but resistance at $0.360 remains a hurdle. Will technical indicators support a breakout?

Amid market uncertainty, Ripple rival Stellar (XLM) has reached a critical make-or-break level, leaving investors and traders uncertain. The past few days have been unfavorable for the XLM token, with a 38% price drop. However, recent gains over the past two days appear to be shifting market sentiment.

The Stellar chain has gradually improved over the past years to enable seamless global payments and RWA tokenization via XLM and its strategic partnerships.

The altcoin recovery in the broader digital currency ecosystem is underway, and Chainlink (LINK) is riding the train high. Over the past 24 hours, Chainlink has flipped Stellar (XLM) in market cap rankings to reenter the top 10 list of the most capitalized coins.

Bitcoin remains stuck inside the range, with no clear indication of a price breakout or breakdown.

The native token of the Stellar network, XLM, may be poised for a major price appreciation rally. At least, Bollinger Bands hint at such an opportunity.

Stellar Lumens (XLM) is witnessing a notable price correction as it struggles to reclaim the $0.35 resistance amid broader bearish market sentiment.

Stellar (XLM) price dipped by more than 9% recently before a panic rally pushed its value up again. Currently down by more than 4.5% in the last 24 hours, XLM is trading around the $0.325 levels and has a market capitalization of more than $9.9 billion.

Stellar price has retreated sharply in the past few months. The XLM token peaked at $0.6420 in December last year and then crashed to the current $0.3295. It has moved into a deep bear market after plunging by about 50% from its highest level in December.

Stellar (XLM) has been once again fallen victim to bears' trap. The XLM price has dropped by 2% in the last 24 hours.

Stellar (XLM) has been drawing attention in the crypto market recently, with many experts speculating that the altcoin could be on the verge of a significant price breakout. XLM has shown signs of upward momentum, and if key resistance levels are broken, a surge toward $1.80 could be within reach.

What would be a realistic target for Stellar is the altcoin's price truly breaks out?

Cryptocurrency analyst and trader Ali Martinez has published fresh tech analysis on his @ali_charts X handle, stating that XRP's rival Stellar (XLM) coin is staging a bullish movement, preparing for a breakout.

Stellar (XLM) has risen over 10% in the last 24 hours, closely mirroring the upward movement of XRP. This rise comes amid optimism that more cryptocurrencies will soon join Bitcoin (BTC) and Ethereum (ETH) in acquiring their spot exchange-traded funds (ETFs), as the SEC reveals new updates on crypto ETF filings.

Stellar (XLM) has recorded a significant 9% leap in price to climb past two key resistance levels. According to CoinMarketCap data, this took the price of XLM to a high of $0.3539 within the last 24 hours.

Ripple (XRP) and Stellar (XLM) are both up strongly on Friday. Is this the start of further upside to come, and have both of these layer 1 blockchain tokens found a bottom after the recent crypto downtrend?

As of Tuesday morning last week, Bitcoin has popped about 45% since the election, while altcoins like Hedera are up more than 400% over that same time frame.

The price of Stellar has bounced by 4% in the past 24 hours, although its move to $0.3274 finds the alt down by 7% in a week and by 23% in a month. The post Why Is Stellar Dropping? XLM Turns Red as Market Shifts – What's Next? appeared first on Cryptonews.

It has been an interesting day for Stellar (XLM). Prices climbed over 6%, adding roughly $500 million to its market capitalization.

The crypto market has struggled in the last two weeks, with Bitcoin facing resistance at the $100,000 mark. However, the last 48 hours have seen some semblance of recovery, and the following three coins signal a high upside potential in the near term.