HomeNewsXLM up 4.8% to $0.18, weekly trend bearish with resistance at $0.26

XLM up 4.8% to $0.18, weekly trend bearish with resistance at $0.26

-

Stellar (XLM) gained nearly 4.8% in 24 hours to trade around $0.18, extending a short-term recovery. The broader weekly trend remains negative, with the token trading below key moving averages and facing strong resistance between $0.22 and $0.26. Analysts note failure to break this resistance could see a drop toward $0.17-$0.14, while a weekly close above $0.26 might open a path to $0.38-$0.40.


Stellar’s native token XLM recorded fresh gains as buyers pushed prices higher. According to CoinMarketCap data, the token rose nearly 4.76% over the past 24 hours, extending its weekly recovery momentum.

The token is trading at $0.18 with a 24-hour trading volume of around $241 million. Market capitalization climbed about 4.6% during the session, though analysts caution the broader weekly trend remains under bearish control.

On the weekly timeframe, XLM continues to move within a prolonged bearish structure formed since mid-2025. Price action remains below major moving averages, reinforcing seller dominance on higher timeframes.

Strong resistance now sits between $0.25 and $0.26, where multiple technical levels converge. Immediate downside targets remain around $0.17, followed by $0.14 if selling pressure returns.

Momentum indicators suggest a slight tick up but favor sellers overall. On the weekly chart, the RSI is hovering around 32.8, below its 36.8 moving average, indicating weak momentum.

The MACD remains in the red, and the line continues to decline below the signal line. The bars on the histogram are decreasing in size, indicating diminishing selling pressure but not yet a bullish crossover.

For those monitoring XLM, resistance levels at $0.22 and $0.26 need to be watched. A failure to break past these levels could see the price drop to levels around $0.17 to $0.14.

A break past the $0.26 level could see the price rise to levels around $0.38 to $0.40. The price movements need to be monitored before entering any new trades.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Stable’s [STABLE] Unlikely 20% Rally Defies Crypto Shakeout

The cryptocurrency STABLE surged 20% in 24 hours, defying a broader market downturn. The token broke above its 20-day exponential moving average, signaling a short-term...

Bitcoin Sentiment Sinks to Post-November Lows Amid Bearish Pressure

Bitcoin sentiment has turned deeply bearish following a sharp January sell-off, pushing retail fear to post-November extremes according to data from Santiment. On-chain analysis from...

Hyperliquid Launches ‘Outcome Trading’ for Prediction Markets Amid Boom

Decentralized exchange Hyperliquid has announced plans to introduce a new "outcome trading" feature designed to support prediction markets and other derivatives. The move taps into...

Ethereum Down 20%, Analysts See Potential Turnaround Amid $6B Loss

Ethereum's native token has fallen more than 20% in the past week amid heavy selling pressure. Analyst Michael van de Poppe noted a historical pattern...

Most Popular

spot_img