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Stellar News Today: Stellar’s XLM Encounters Key Battle Between Bulls and Bears at the $0.2540 Resistance Level

Stellar News Today: Stellar’s XLM Encounters Key Battle Between Bulls and Bears at the $0.2540 Resistance Level

Bitget-RWA2025/11/25 17:30
By:Bitget-RWA

- Stellar's XLM surged 3.53% to $0.2508 on Tuesday amid 23% above-average trading volume, testing key $0.2540 resistance. - Late selling pressure triggered a 1.1% correction to $0.2449, with 2.8 million tokens sold as volatility reached 5% intraday swings. - TVL hit $169.3M record, aligning with XLM's 10% two-day rally near critical technical levels and Fibonacci retracement targets. - Technical indicators show mixed signals: bullish RSI/MACD vs. bearish risks below $0.256, with 70.4M tokens traded overnig

Stellar's

price climbed by 3.53% to reach $0.2508 on Tuesday, outperforming most leading cryptocurrencies as trading volume soared 23% . This upward move pushed the token into a significant resistance area at $0.2540, challenging bullish traders who were anticipating a breakout. Yet, a wave of selling late in the session led to a swift pullback, with XLM falling from $0.2477 to $0.2449 after a surge in sell orders totaling 2.8 million tokens, .

During overnight trading,

, as 70.4 million tokens were traded—almost double the typical 24-hour volume. This increase pointed to heightened market activity but also emphasized the volatility, with price swings within the day reaching 5%. Technical signals are mixed, with main support at $0.2422 and resistance at $0.2540. , XLM may revisit deeper support around $0.2420, while a steady move above $0.2540 could pave the way for additional gains.

Optimism among bulls was fueled by

on the network, highlighting increased activity within the ecosystem. The jump in TVL coincides with XLM’s recent two-day rally of 10%, positioning the token near a crucial technical level. that a daily close above $0.256—which aligns with the 38.20% Fibonacci retracement and the upper boundary of a falling wedge—could set the stage for a move toward the 50-day Exponential Moving Average (EMA) at $0.292.

Technical analysis further backs the bullish outlook, as the Relative Strength Index (RSI) is moving upward toward neutral, and there was

. Still, a drop below $0.256 could send XLM down to the weekly support at $0.221. Traders should keep an eye on institutional trading patterns, since if significant sell-offs continue.

With fundamental news relatively subdued, market watchers are focused on whether XLM can reclaim $0.2540 or if it will revisit support at $0.2420. The direction of the next move will likely hinge on trading volume and institutional involvement, which could shape the upcoming trend in Stellar’s price.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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