A Complete Stellar XLM Technical Analysis To Stay Updated


XLM recently overtook Bitcoin Cash in terms of market cap as seen in CoinMarketCap and is currently the fourth largest cryptocurrency in the world, just below Bitcoin (BTC), XRP and Ethereum (ETH).

Current price: $0.159

Market Cap: $3.04 billion

Trade Volume: $534.29 million

XLM Price Analysis Report for 1 day

  • Uptrend

The uptrend for XLM is not in sight as the bear trend is dominating the whole of the cryptocurrency ecosystem.

  • Downtrend

The downtrend, on the other hand, extends from $0.45 to $0.16. Similar to the downtrend in the one-hour charts the trend is following the collapse of the prices.

  • Support

The prices of XLM in the 1-day chart have broken support at $0.17 and have dipped further below. A new support is created at $0.14.


Bollinger Band

The Bollinger Bands are expanding after a squeeze period and the prices have decided to touch the lower band and reach out of it, indicating that the prices are oversold for XLM.


The Aroon indicator shows uptrend has exhausted more in comparison to the downtrend, while the Aroon downline [Red Line] is showing massive signs of the downtrend.

XLM Price Analysis for 1 hour


XLM prices have seen an uptrend that extends from $0.14 to $0.15 but is exhausting quickly as the prices are dropping.


The downtrend for XLM extends from $0.25 to $ 0.17, but the prices have decided to dip further down as indicated in the price chart.


The only support for XLM is established at $0.`3, as it breached every other support set up previously.


XLM has to break few Resistance points at $0.20, $0.22, and $0.24 to start the next rally.

Indicators that affect the XLM Price

Relative Strength Index

The RSI is on a downtrend, indicating that buyers have run out of power, and the sellers are slowly getting into the market.

Relative Vigor Index

The RVGI index shows a bearish crossover to the bottom indicating a bearish presence in the market for XLM.

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Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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