Stellar (XLM) Price Update – Will It Recover or Drop Further?

-

Stellar (XLM) is facing a bearish trend, with the price currently at $0.2628, down 4.33% in the last 24 hours. The market cap stands at $8.07 billion, with a 24-hour trading volume of $332.98 million. Despite its strong presence in the crypto space, sentiment remains bearish, with the Fear & Greed Index at 30 (Fear).

Key Technical Levels

🔻 Support Levels:

  • $0.250 – Immediate support, holding for now.
  • $0.200 – A crucial demand zone if the price drops further.

🚀 Resistance Levels:

  • $0.280 – XLM must break above this to show strength.
  • $0.320 – A major breakout level that could signal recovery.

Market Outlook

XLM is struggling below its resistance at $0.280, and without a strong push from buyers, it could retest $0.250. If this support fails, a further decline toward $0.200 is possible. However, a breakout above $0.280 could shift momentum, with a target of $0.320 in sight.

With market sentiment still bearish, traders should watch these levels closely. 

Comments

Post a Comment

Popular posts from this blog

🚀 XRP Price Update – Is a Breakout Coming?

-
XRP is trading at $2.81, up 1.89% in the last 24 hours.  With strong resistance at $3.00,  a breakout could push XRP toward $3.20 or its ATH $3.38+! Key levels to watch: 🔹 Resistance : $3.00 - $3.20 (Break = 🚀) 🔹 Support : $2.50 - $2.20 (Pullback zone) 🔹 Sentiment : Bullish, but Fear & Greed Index at 50 (Neutral) A breakout above resistance will confirm further upside momentum.
Read more

Ethereum Heading Towards $4,000:

-
Big Potential Ahead! Ethereum is close to hitting $4,000, following a strong rising trend. Experts believe that if ETH breaks its past high of $4,500, it could reach $5,000–$5,500 in the next bull run. Some even predict ETH could hit $6,000–$7,000 if it continues to rise. Hold tight—big gains could be coming!
Read more

Why Is Bitcoin Going Up? BTC Hits $97K After Buy Signal

-
Bitcoin (BTC) is going up, reaching $97,000 on January 14, 2025. It dropped below $90,000 on Monday, which worried some people. The price is rising because of a strong buy signal at $92,000. Experts think Bitcoin could reach $103,000 or even its highest price of $108,000 soon. Could Bitcoin reach $1 million? Some say it’s possible, but others think it will stay lower in 2025. 
Read more