Index
Indicators
Information about Stellar (XLM)
Stellar is a blockchain platform that helps users transfer money and digital assets across borders with fast speed, reliability, and low cost. Specifically, Stellar is an open-source distributed payment network capable of connecting banks and payment systems with users, facilitating the trading of currencies and digital assets. Stellar is also a Blockchain Platform that allows developers to build applications, products or tokenize assets on their platform.
Stellar is focused on payments and helps users create tokens based on collateral. Essentially, Stellar is a fork (fork) of Ripple (XRP). However, starting in 2015, Stellar completed its consensus protocol, called the Stellar Consensus Protocol, and is no longer related to Ripple.
Some outstanding features of Stellar:
XLM (Stellar token) is a token operating on the Stellar platform, used for the following purposes:
News
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.
XLM is forming a bullish flag pattern aiming for a price target of 1.80 USD. Currently, it is trading at 0.3574 USD, showing a slight increase of 0.17% within 24 hours.
Resistance for XLM is seen at 0.37, 0.44, and 0.50 USD. A breakout above these levels could lead to significant price increases, though social volume suggests declining investor attention.
XLM’s RSI indicates neutral conditions at 47.76, while MACD points to potential bullish sentiment. The liquidation heatmap shows concentrated activity around 0.36 USD, suggesting volatility may influence upcoming price movements.
XLM is poised for a breakout with a falling wedge pattern, aiming for a rally to $0.445. Key resistance is $0.3400, with support at $0.3047 and $0.2602 indicating market trends.
Despite bearish signals in the market, increasing Open Interest suggests heightened volatility. For upward movement, buyers need to overcome selling pressures that currently dominate trading.
XLM is currently valued at 0.419 USD, targeting a breakout towards 0.58 USD, provided it maintains above the 0.416 USD support level.
LDO surged 15% after breaking an ascending triangle pattern, seeking to establish a support at 2.20 USD to move towards 2.61 USD.
LTC jumped 12% on ETF news, aiming for 147 USD, with necessary resistance to break at 136 USD.
People also own