Stellar Drops 11%, Faces Key Support at $0.27

Key Takeaways
- Stellar (XLM) lost 11.1% in value over the past seven days.
- The current price is approximately USD 0.2799.
- Analysts view USD 0.27 as a critical support level.
- A break below this level could push the price down to USD 0.23.
- Market data indicates strong selling pressure and declining investor confidence.
Sharp Price Declines Put XLM Under Pressure
Over the past week, Stellar (XLM) has experienced significant losses. Since reaching a local high of USD 0.3344, the price has dropped to USD 0.2799 — a decline of approximately 4.26% in just 24 hours. On a weekly basis, the loss totals 11.1%. As a result, XLM is currently moving within a clearly downward-trending channel.
USD 0.27 as a Critical Support Level
According to crypto analyst Ali Martinez, the USD 0.27 level is currently crucial. If XLM fails to hold this support, a further decline down to USD 0.23 could follow. This assessment is based on increasing market weakness and rising selling pressure.
Declining Investor Interest Reinforces Downtrend
A look at open interest data — the total number of open positions on exchanges — reveals a clear trend: it has been falling for six consecutive days. Open interest currently stands at USD 38 million, down from USD 49 million. This indicates that new investors are not entering the market and existing positions are being closed.
Funding Rate and RSI Confirm Bearish Sentiment
The funding rate — an indicator of market sentiment in derivatives trading — has once again turned negative. This suggests that many traders are betting on falling prices. The Relative Strength Index (RSI) currently sits at 48 — below the neutral 50 mark — indicating a bearish market condition.
Large-Scale Selling Activity
According to data from Coinalyze, approximately 82.6 million XLM tokens were sold within 24 hours. The difference between buys and sells (delta) stands at -15.6 million XLM. This shows that sellers are currently dominating the market.
What’s Next for the XLM Price?
If the downtrend continues, further support zones at USD 0.263 and USD 0.252 could be tested in the short term. A drop to USD 0.23 is not out of the question, according to analyst Martinez — but only if negative market sentiment persists. For a trend reversal to occur, XLM would need to remain consistently above USD 0.27.
You should read that too:
-
Asian Slots – The Best Asia-Themed Online Slot Games
Reading time: ~ 3 minutes
-
Best Casino Alternatives for 2025
Reading time: ~ 3 minutes
-
Food and Drink Slots: The Best Slot Games Inspired by Culinary Delights
Reading time: ~ 3 minutes
-
The Best Jackpot Slots & Casinos 2025
Reading time: ~ 3 minutes
-
Versus Odds B.V. Casinos
Reading time: ~ 3 minutes
Our Assessment
The current market situation for Stellar (XLM) is tense. Technical indicators and market data suggest a continuation of the downtrend. If you are invested in XLM or considering entering the market, you should closely monitor the USD 0.27 level. A break below this support could lead to further losses. A sustainable recovery would require clear signs of a trend reversal — which are currently not evident. Keep a close eye on the market and act with caution.