Stellar (XLM) Loses Key 10-Day SMA, 24-Hour Drop 6% as Bearish Momentum Builds

Generated by AI AgentCoin World
Tuesday, Jul 29, 2025 10:20 am ET1min read
XLM
--
Aime RobotAime Summary

- Stellar (XLM)跌破关键10日SMA支撑位，24小时跌幅6%，短期看跌信号增强。

- 技术指标显示RSI接近超卖，MACD转熊，空头加速平仓，短期目标位下探$0.42。

- 长期基本面未破位（50/200日SMA支撑），分析师称若收复$0.79或触发更大突破。

- 多头需放量收复10日SMA才能逆转趋势，当前关键阻力位为$0.45-$0.47区间。

Stellar (XLM) faces a critical juncture as its price跌破 the 10-day simple moving average (SMA), a key technical support level, triggering mixed signals for its short-term outlook. The move, highlighted by crypto analyst Ali Martinez on X, underscores a shift in momentum: a retest of the SMA could reignite bullish potential, while sustained weakness below this level risks further declines [1].

The token’s recent rally—from $0.30 in early July to over $0.50—was underpinned by the 10-day SMA providing consistent support. However, the loss of this level over the weekend came on elevated trading volume, signaling bearish strength. As of report time, XLM trades between $0.42 and $0.43, reflecting a 6% drop in the last 24 hours and an 8% weekly decline. The SMA now acts as resistance, with bulls needing to reclaim this threshold to reverse the bearish bias [1].

Technical indicators reinforce caution. The Relative Strength Index (RSI) has approached oversold territory, while the Moving Average Convergence Divergence (MACD) has turned bearish. Open interest is declining, and liquidation of long positions accelerates, suggesting waning bullish conviction. Immediate downside targets include $0.42, with further support at $0.38 and $0.34, levels where XLM previously consolidated [1].

Despite the short-term bearish setup, long-term fundamentals remain intact. XLM stays above its 50-day ($0.32) and 200-day ($0.31) SMAs, indicating the broader uptrend has not yet reversed. Analyst Javon Marks draws parallels to XLM’s 2015–2018 cycle, noting that a recovery above $0.79 could trigger a larger breakout. However, such a scenario hinges on stabilizing short-term momentum [1].

The market’s focus remains on whether bulls can reclaim the 10-day SMA. A bullish reversal would require a decisive move above this level, ideally with rising volume, to retest the $0.45–$0.47 range and potentially challenge the recent $0.50 high. For now, downside pressure persists, though a rebound could rapidly shift momentum.

[1] Source: [1] "Stellar (XLM) In Bullish and Bearish Territory after Losing This Support" (https://coinmarketcap.com/community/articles/6888d5003ceed718acd721bf/)