XLM Tests $0.261 Resistance as Bullish Sentiment Grows
- Resistance Testing: XLM is currently testing the critical resistance level at $0.261, which has previously capped upside attempts, and breaking this level will be essential for sustaining bullish momentum, with long positions nearly tripling short positions, indicating increased market confidence.
- Market Momentum: After months of tight consolidation, XLM recently gained 7%, moving closer to the upper boundary of its long-standing channel, suggesting active buyer engagement at current levels that could drive further price increases.
- Liquidity Support: CoinGlass data shows a notable liquidity cluster of 304.15K just above the current trading range, which could attract traders; if XLM breaches resistance, it may trigger a stronger bullish run.
- Short-term Trend Impact: If XLM successfully clears the $0.261 supply zone, it could signal the end of the consolidation phase that has persisted for months, pushing prices toward higher targets, prompting investors to closely monitor market dynamics for opportunities.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for XLM
Technical Sentiment Analysis for Stellar (XLM) As of , Stellar (XLM) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for XLM stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, XLM is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Stellar (XLM) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0746 | 0.105 | 0.138 | 0.169 | 0.202 | 0.233 | 0.265 |
| Fibonacci | 0.105 | 0.13 | 0.145 | 0.169 | 0.193 | 0.208 | 0.233 |
About XLM
About the author








