This article focuses on the analysis of the current state of the Stellar (XLM) market and price forecasts for the near future. Key support levels and possible scenarios for future developments are discussed.
Current Stellar Price and Short-term Changes
Currently, Stellar (XLM) is trading at around $0.260, slightly above a key support zone after facing strong resistance at the 50-day moving average. Recent price action shows a slow decline over the past few weeks, with short-term sensitivity weakening, confirmed by a recent sharp sell-off that pushed the XLM price down nearly 6%.
Chart Analysis: Short-term and Long-term Trends
The Heikin Ashi chart shows a series of consecutive red candles since mid-May. The Stellar price has failed to sustain above its 20-day and 50-day SMAs, currently at $0.27112 and $0.28096 respectively. This indicates that bearish control appears to still dominate. Looking at the hourly chart, XLM is also facing pressure, forming a large series of red candles while searching for new support.
Prediction for June 2025: The Future of Stellar (XLM)
If the bearish trend continues, and Bitcoin remains under pressure, the Stellar (XLM) price could slide towards the $0.22 zone by the end of June, marking nearly a 15% drop from current levels. However, positive macro conditions or altcoin momentum may push Stellar price to reclaim $0.27 and possibly target $0.30.
Therefore, the Stellar (XLM) market is currently under bearish pressure, and upcoming price changes will depend on external factors and the internal market dynamics.
