Stellar (XLM) has experienced moderate price fluctuations over the past three days, mirroring the broader cryptocurrency market’s volatility. While the asset has made attempts to rise, resistance levels have capped upward movements, and support zones have prevented any sharp declines.
Recent Price Movements
On March 20, 2025, XLM opened at $0.2921, peaked at $0.2921, dropped to $0.2781, and closed at $0.2811. On March 21, it started at $0.2811, hit a high of $0.2792, fell to $0.2734, and ended at $0.2776. March 22 saw an opening of $0.2776, with a high of $0.2795, a low of $0.2731, and a closing at $0.2789. As of March 23, 2025, XLM is trading around $0.2822, with an intraday high of $0.2824 and a low of $0.2736.
Key Support and Resistance Levels
Immediate support is at $0.2730. The next support is at $0.2700, with a potential drop to $0.2650 if downward pressure increases. Immediate resistance is seen at $0.2825, with major resistance at $0.2900.
Expected Price Action (March 24-26, 2025)
XLM's price movement in the next three days will largely depend on overall market trends. A break above the $0.2825 resistance could open the door for a rally toward $0.2900. A decisive push beyond $0.2900 may trigger further bullish momentum. Conversely, if XLM struggles to maintain support at $0.2730, selling pressure could intensify, potentially leading to a decline toward $0.2700 or even $0.2650. Broader crypto market sentiment, particularly Bitcoin's (BTC) performance, will play a crucial role in XLM's short-term trajectory. XLM remains in a consolidation phase, awaiting a clear direction. A breakout above resistance could drive gains, while a breakdown below key support may signal further downside. Traders should closely monitor price movements and overall market conditions in the coming days.
XLM shows volatility and remains in a consolidation phase, awaiting direction. Possible breakouts above resistance could lead to gains, while effective support may prevent sharp declines.
