XLM, the original symbol of stars, is receiving great attention from merchants and investors as it approaches a significant decrease in prices. During its last upscale movement in late February and early March 2025, the assets formed a declining rising wedge style.
Technical analysis xlm and price work
Meanwhile, with a decrease in market morale and the price continues to decrease, XRP has reached less assists for the growing spacious pattern and now it seems that it works. The XLM continuous momentum appears to lead feelings in a declining direction.
XLM prediction price
According to expert technical analysis, XLM is at a major level of $ 0.285, which now seems to be a status or a fracture of the original. Based on the modern measures of historical prices and patterns, if XLM fails to keep this main level and close a four -hour candle less than $ 0.28, there is a strong possibility that it will decrease by 15 % to reach a level of $ 0.236 in the coming days.
On the other hand, if feelings of feelings and XLM price rises, with a daily candle closed over the mark of $ 0.31, it may pave the way for a huge march. XLM daily chart indicates that the origin is in a bullish direction, as it continues to trade over the SIA moving average (EMA) on the daily time frame.
XLM current price momentum
At the time of the press, XLM is trading near $ 0.286, after it has recorded a 1 % price increase during the past 24 hours. However, during the same period, the trading volume decreased by 10 %, indicating a decrease in participation from merchants and investors, and perhaps due to unclear market morale.
The scene of merchants
With this basic landing procedure and market morale, traders are very betting on short positions.
Data from the analysis company on the series Coinglass It reveals that the traders are excessive in his condition at $ 0.28 on the bottom side, where they built long jobs worth 995 thousand dollars. Meanwhile, $ 0.297 is another level of the record, as traders built short jobs worth $ 2.50 million.
This clearly indicates that the feelings towards XLM remains down between merchants, which can lead the original to a decrease in the coming days.
