The star graph (XLM) is a flashing warning. Only when the price seemed to build momentum, things took a sharp turn. Not so long ago, XLM erupted over a long -term descending trend line. This step gave traders hope that the real upward tour will be about to start, but this hope did not last.
Instead of continuing at the top, the price is new The high direction lineJust to break it again. Now, both lines are gone. This type of double collapse usually indicates that the upscale scenario is no longer valid. Now, there is not much strength on the graph.
Support must be $ 0.234 to the reversion
The only thing that keeps the XLM AFLOAT price is $ 0.234 support. This level was resistance in the past. I turned to support when the price rose over it, but it is now tested again. There is a real danger that this level is broken.
To date, there is no strong bounce. The market moves only sideways, and the frequency appears and there is no purchase pressure. If the level of $ 0.234 fails, the XLM price structure turns into a complete drop. However, any dreams of moving about one dollar will be at a very danger.
If the support collapses, these are the next XLM prices
If Stellar decreases to less than $ 0.234, the next level of watching is about $ 0.193. This will be a decrease of approximately 30 % from where the price is now. It is a major historical level and can serve as an area that bounces, but there is no guarantee.
If this also fails, the next level is $ 0.146. This would erase most of the gains that XLM watched during the late 2024 rally. It will re -set the scheme again to where it started before the hacking occurred.
Disclosure momentum indicators
Momentum indicators also do not look good.
RSI sits around 49 and heads down. This means that the market loses strength and does not show any signs of a bullish reflection. It has not been overlooked yet, just weak.
MACD confirms this offer. Signal lines are both lower than scratch, and the graphic drawing is flat. This is a classic landing preparation. There is no difference or accumulation that would indicate a big step up.
The target $ 1 fades quickly
This is a critical moment for the xlm price. Stellar has already broke two main lines, and she is now sitting on the last real support at $ 0.234. If this support fails, there is not much to stick to it before the price slides to $ 0.19 or even less.
Also read: The analyst claims that Shiba Inu Dev keep
The preparation of the upscale collapse has already been broken, and unless buyers are not stepped quickly, the goal of one dollar may turn from possible to the purely speculation.
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