Stellar Price Prediction: Will XLM Rebound After Key Support?
Key Insights:
- XLM is down over 4% in 24 hours, trading below both 50-day and 200-day SMAs, signaling continued bearish pressure.
- Trading volume for XLM surged 53%, hitting $161.95M, despite the price falling near key support at $0.265.
- XLM has dropped from $0.301 to $0.2644, nearing oversold RSI levels as traders watch for a potential rebound.
Stellar (XLM) has continued to face pressure amid market-wide volatility. The token has dropped to a recent low of $0.2644 as of March 31, 2025.
When making Stellar price predictions, traders analyze if the asset can be positioned above important support levels. Earlier this month, it failed to sustain momentum above $0.30.
As the price approaches historically tested zones, attention has shifted. The key focus is whether XLM can stabilize and recover from current levels.
Bearish Momentum Continues to Pressure XLM Price Prediction
XLM has faced strong selling pressure recently, with its price falling to $0.2644 as of March 31, 2025. The coin recorded a 4.23% drop in the last 24 hours and a 4.88% decline over the past week.
Stellar trades below its 50-day and 200-day simple moving averages, confirming ongoing bearish momentum. The price touched $0.301 earlier in March but failed to hold above it.
XLM now faces resistance between $0.290 and $0.297, which includes the 50-day SMA. Without an apparent recovery, the coin may revisit its 30-day low of $0.2301, raising concerns among traders.
Technical indicators for XRP Price Prediction remain weak. The RSI approached oversold levels, and the MACD remained bearish. Volume has surged by 53.14% to $161.95 Million, signaling heightened market activity, yet price action continues its downward trend.
Key Support Levels and Bearish Signals
The higher timeframes show XLM trading within a descending triangle pattern that usually suggests additional price decline. The support area is $0.265, and the resistance zone reaches $0.290.
A price fall below $0.265 would lead to an expected support at $0.2301 after breaking the 30-day low. The market shows hesitation due to the increased crypto sell-off caused by inflation data.
During its recent upward movement, the price has avoided recent lows. It is yet to resume control of its 200-day SMA at $0.28. XLM needs to pass $0.275 along with confirmation of moving above its short-term moving averages to prevent further market decline.
Investors are closely watching Stellar Price Prediction support levels. Holding these levels could prevent deeper losses and spark a recovery trend.
Volume Activity and Historical Context Shape Market Outlook
Since reaching a multi-year high of $0.638 in November 2024, XLM has been in a steady downtrend. XLM demonstrated robust performance during the last quarter of 2024. At the same time, it surpassed XRP’s market value during that same five-month period.
The asset showed declining bullish momentum when January 2025 arrived. Its prices remained consistent in an overall downward trend. XLM’s extended price chart showed a notable upward trend starting in 2020.
This followed its breakout from a downward pattern since 2018, culminating in a 2938% surge to a peak of $0.771.
The accumulation and distribution of 23 billion XLM coins occurred during that price rally. Since its initial breakout, the price has demonstrated a constant respect for a descending line on the chart.
XLM maintained an $8.15 Billion market capitalization position while holding the #14 rank on CoinMarketCap. The entire market value of Stellar stands at $13.23 Billion based on its full value before distribution.
On the other hand, its current circulation amounts to 30.78 billion XLM. XLM will open the door for recovery if it maintains support at its present value zone above 0.265.
