XLM Stalls Below Resistance, Positive Flows Eye $0.45 Rally
8h ago•
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Stellar (XLM) price remained under pressure on Thursday, slipping below its critical $0.40 resistance after an extended pullback. The cryptocurrency traded in a tight 5% range over the past 24 hours, briefly touching $0.376 in early morning trading before rebounding to $0.384. Daily turnover reached roughly $400 million, well above average volumes, underscoring heightened market participation. The Stellar (XLM) price has been on a corrective path since mid-July, currently down approximately 27% from its local peak of $0.52. That high had capped a rapid 135% rally from early July, a surge fueled by speculative flows and optimism around institutional
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8h ago•
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