Stellar Price Analysis of March 11, 2025: XLM Falls Below $0.2380 – Is this the Start of a Bearish Market?

Are you planning to invest in XLM and looking for a detailed Stellar price analysis of the same? Then this is the one for you. The XLM price today took a nose dive to fall below the support line of $0.2380. Let’s dive into the past 24 hours of price action analysis and try to analyze the coin’s future price movements.

XLM rally up $0.2746 but couldn’t hold for long

The trading started within a trading range of $0.2699 and $0.2575. At 00.40 UTC, a golden cross was formed on the MACD line within the range, pushing for a spike in the prices and trying to break through the trading range. By 04:35 UTC, a death cross appeared, pulling the prices downward and preventing any breakout from the trading range. By 09:10 UTC, the formation of the perfect golden cross was followed by a previous oversold signal from RSI, forcing the prices for a spike in uptrend, breaking through the range briefly. 

Chart 1, Analyzed by Alokravantmedia, March 11, 2025. 

By 09:20 UTC, prices reached an all-day high of 0.2746 before an overbought indication appeared, followed by a death cross on the MACD line, resulting in a steep price fall, entering the previous trading range again. Within the trading range, multiple golden and death crosses appeared, creating a trading window for intraday traders. At 11:05 UTC, the prices entered an uptrend channel after corroboration of the golden cross on the MACD line. The buyers continued to hold the momentum until a clear death cross appeared at 13:10 UTC, aligning perfectly with a previous overbought indication from RSI, starting a downtrend channel. 

XLM briefly dips below the support line of $0.2380, sellers regaining the hold

After the free fall in prices in the downtrend channel, a golden cross appeared on the MACD line, preventing the prices from falling further, also coinciding with the oversold signal from RSI. The price has entered a new resistance and support level of $0.238 and $0.267. But the bearish momentum continues to overhaul the market sentiments. Even the appearance of the golden cross on the MACD and RSI reaching below 30 could not turn the tide in favor of buyers. By 00:20 UTC, a breakout in the support line happened after a clear death cross appeared on the MACD line at 00:10, pushing the prices to a low of $0.228.

XLM Price Prediction: Will it rise above the resistance level of $0.267?

In the past 24 hours, the XLM price today continues to consolidate, displaying significant volatility. The prices today for the coin remain uncertain, entering an uptrend, downtrend, and sideways channel, with the bearish side mostly dominating the market. Based on XLM price prediction, if the bullish side regains momentum, the XLM prices could potentially break through the resistance level of $0.267. Market overall sentiment and indicators like MACD and RSI will play a crucial role in the Stellar price analysis and its next move in the short run.