XLM is currently valued at 0.2786 USD, reflecting a 0.11% increase as of March 10, 2025. This value indicates minor market gains, while analysts speculate on a potential 20% breakout due to recent patterns.
XLM’s formation shows a descending triangle, with rising short liquidations contributing to upward momentum. The RSI at 39.61 and increasing open interest, now at 116.89 million USD, suggest that a significant price movement could be imminent.
Social metrics for XLM are low, indicating weak trader engagement. However, the liquidation of 12.24K USD in shorts against 8.6K USD longs adds upward pressure. This trend could lead to increased volatility if market dynamics shift.