Stellar’s Token XLM faced intense pressure in the last 24 hours, falling from a maximum session of $ 0.398 to a minimum of $ 0.380. The 5% swing was developed in the middle of a great activity on the side of the sale, with the most dramatic capitulation that hits August 25 at 7:00 p.m. UTC, when prices fell from $ 0.393 to $ 0.387. This movement coincided with an increase of 46.16 million files that change hands, well above the daily average, effectively blocked in $ 0.393 as a formidable resistance zone.
The sale of the sale reached its peak only one hour later, since XLM tested the support level of $ 0.380 in an unprecedented commercial volume of 95.27 million tokens, confirming the level as a critical line of defense for bulls. Despite the pressure, the Token recovered at the close, recovering $ 0.389 at the end of the session and underlining the resistance of the buyer’s demand on the floor of $ 0.380.
The feeling of the market is also being formed by broader developments. An eTF crypt from USA. UU. UU. At the same time, the technical patterns suggest that XLM is enrolled below an important level of resistance about $ 0.50, and merchants observe the possibility of a break if the impulse returns to the rise.
IntradÃa commercial action highlighted this tension. Between 07:20 and 08:19 UTC on August 26, XLM sailed for a narrow band between $ 0.387 and $ 0.392, registering a modest gain of 0.18% of its open session. The brief rally at $ 0.392 was driven by explosions of high volume purchases, but a limited impulse with profits. With the volumes increasing 115% in the day to $ 402 million, the clash between the heavy sales pressure and the possible accumulation of whales remains the defining narrative for Stellar’s short -term trajectory.
Analysis of technical indicators
- Price Battlefield: $ 0.018 that represents a brutal war zone of 5% of $ 0.398 maximum at $ 0.380 minimum during the 24 -hour combat period.
- Volume nuclear explosion: 95.27 million units that detonate at $ 0.380 support bunker, 115% above commercial ammunition.
- Strength of Resistance: Impenetrable Wall established at $ 0.393 with 46.16 million artillery of confirmation of the unit volume.
- SUPPORT STRONGHOLD: Critical Mission Demand Strength confirmed at $ 0.380 with massive volume validation power.
- Recovery offensive: systematic advance towards $ 0.389 after the support test with a strategic decrease volume.
- Intradica chaos: 5% volatility range indicating the extreme market war and institutional battle activity.
Discharge of responsibility: Parts of this article were generated with the assistance of artificial intelligence tools and reviewed by our editorial team to guarantee the precision and compliance with Our standards. For more information, see Coindesk’s complete policy.
