Stellar News 2025: Holds $0.26 After Strong Intraday Uptrend as Daily Charts Warn of Persistent Macro Weakness
Stellar (XLM) rallied to $0.26, breaking its short-term downtrend, but daily charts still signal persistent macro weakness.Summary
Stellar (XLM) has recently shifted from a mild downtrend into a defined intraday uptrend, climbing from $0.22 to hold $0.26, supported by higher highs and increased open interest during the rally, suggesting renewed short-term buying conviction.
However, this short-term strength contrasts sharply with the broader market context. Daily charts indicate XLM remains in a macro downtrend characterized by lower highs and lows, with resistance near $0.30 proving difficult to overcome. Technical indicators like the MACD and Chaikin Money Flow remain in negative territory, suggesting momentum is fragile and capital outflow persists on the higher timeframes.
Currently priced at $0.26 with an $8.33 billion market cap, the key for maintaining the intraday uptrend is holding the $0.24 to $0.245 support zone; failure here could unwind recent long positions despite the tactical intraday gains.
(Source：Brave New Coin)