Stellar/Yen (XLMJPY) Market Overview

• XLMJPY rose 2.47% over 24 hours, reaching a high of ¥53.43 before closing near ¥51.5.
• Strong volume spikes occurred during the 2025-10-13 084500 and 133000 candles, confirming bullish and bearish momentum.
• The RSI briefly entered overbought territory, while price tested key Fibonacci levels and failed to break above ¥53.51.
• Volatility expanded during the 213000–220000 window and again at 074500, suggesting heightened interest.
• A bearish engulfing pattern emerged near ¥51.5, raising short-term bearish potential.

24-Hour Summary

At 12:00 ET–1 on 2025-10-12, XLMJPY opened at ¥51.13 and closed at ¥51.5 at 12:00 ET on 2025-10-13. The pair reached a high of ¥53.43 and a low of ¥51.5. Total trading volume for the 24-hour period was 112,260.3 XLM, with a notional turnover of ¥5,888,179.50.

Structure & Moving Averages

On the 15-minute chart, price fluctuated around key 20- and 50-period moving averages, with brief crossovers suggesting short-term indecision. On a daily basis, price remained above the 50-day MA but below the 200-day MA, hinting at medium-term bearish bias despite recent strength. Key support levels include ¥51.5 and ¥52.01, while resistance is forming at ¥52.8 and ¥53.43.

Momentum & Volatility

Relative Strength Index (RSI) peaked near 70 during the 084500 candle, indicating overbought conditions, but failed to sustain that level. MACD showed bullish divergence during the 064500–084500 window before diverging bearishly later in the day. Bollinger Bands reflected volatility expansions during the 074500 and 213000–220000 candles, with price bouncing off the lower band and then retesting the upper boundary.

Volume & Divergence

Volume surged during the 084500 candle (¥5,888,179.50 in turnover) and again at 133000, confirming price breakouts in both directions. Notably, the 113000 candle saw a sharp price drop from ¥52.43 to ¥51.5 on relatively low volume, suggesting lack of conviction in the move.

Backtest Hypothesis

A backtest strategy could focus on bearish engulfing patterns identified near ¥51.5 during the 113000 candle. Given the volume spike and RSI divergence at that level, a sell signal could have been triggered with a stop above ¥52.01. However, the data provider’s inability to locate XLMJPY-specific candlestick patterns suggests that direct analysis may be limited, and traders may need to use surrogate pairs or alternate exchanges for confirmation.