XLM Dips Below The Support Line of $0.2384

The trading started with a dip in the downtrend channel, reaching a low of $0.2292, By 01:05 UTC, a golden cross was formed on the MACD along with an oversold indication from RSI, supporting the prices from further fall and pushing it again above the support line.

The XLM price today has shown significant volatility in the last few weeks, with selling momentum continuing to dominate the trend. The crypto market is known for its volatility, and this can create opportunities for traders who are able to identify and capitalize on trends. However, it can also be challenging for traders who are new to the space.

To help traders navigate the complexities of the crypto market, we provide a comprehensive technical analysis of XLM, examining the latest price action and key technical indicators. This analysis is intended to provide insights into the potential future price movements of XLM.

The past 24 hours of price action analysis in detail.

The trading started with a dip in the downtrend channel, reaching as low as $0.2292. As seen in Chart 1, By 01:05 UTC, a golden cross was formed on the MACD along with an oversold indication from RSI, both providing support for the prices from further fall and pushing it again above the support line. After the dip, the prices entered a moderate uptrend channel.

Chart 1, Analyzed by Alokravantmedia, March 12, 2025.

The prices continue to rise, occasionally encountering convergence and divergence on the MACD line resulting in the slight rise and fall of the prices while still being in the uptrend channel. By 09:20 UTC, the RSI level finally reached above 70, indicating overbought, putting a stop to this short bull run.

Later on, the prices fell into a trading range, implying temporary stabilization of prices amidst bearish market sentiment. By 12:30 UTC, another death cross appeared on the MACD line, pulling the prices down from the high. However, at 13:25 UTC, a new golden cross formed, signaling another upward channel.

Moreover, by 14:50, the prices briefly dipped to $0.2427 before rising again after a golden cross appeared on the MACD line, aligning closely with the previous oversold signal from RSI, rallying the prices to $0.2565.

XLM Testing The New Resistance Level of $0.2670

The prices continue to move in a sideway trend in the new trading session. At 23:00 UTC, a death cross appeared on the MACD line, leading the prices to a downward move.

As seen in Chart 2, By 00:20 UTC in the trading session, a golden cross formed, signaling a price rise. By 02:20 UTC, the prices reached another trading day high of $0.2628 before a death cross formed on the MACD. This coincided closely with the previous overbought indication from RSI when the RSI level rose above 70, resulting in a downtrend channel.

The prices continued to fall until a new golden cross emerged at 04:45 UTC, along with an oversold signal from RSI boosting the price rise signal and putting an end to this short downtrend channel.

XLM Price Prediction: Will the Prices Finally Stabilize or Further Decline?

The XLM price today showed significant volatility like any other crypto coin, experiencing a breakout, then an upward channel, a failed attempt to break through the resistance level, and finally entering a sideway trend cycle with the bearish side mostly dominating the trading session.

If the bullish side regains momentum, the XLM prices could potentially break through the resistance level of $0.2670. However, If the bearish side got hold of the market again, the prices could again fall below the support level of $0.2382. Market sentiment and technical indicators like MACD and RSI will play a crucial role in determining XLM’s next move.

Stellar price analysis suggests traders should watch for confirmation signals to determine the next move in this Stellar price analysis. A break above the resistance level could open the way for further gains, while a clear break below the support level might indicate further losses.