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Can XLM price breach past the $0.5 mark?

  • Stellar’s recent performance reflects its growing alignment with XRP’s market dynamics, as bulls capitalise on demand.
  • XLM could break to $0.41 and target a $0.58-$0.80 price range.
  • Stellar’s XLM token is trading at $0.39, with a price increase of over 4% in the past 24 hours.

Stellar (XLM) price rose slightly on Tuesday, with about 4% gains pushing the XLM value to above $0.37.

The XLM token, which has gained amid upticks for Ripple’s XRP, outpaced the rival as several coins looked to put Monday’s rout in the rearview mirror.

Even though Stellar remains well off its all-time high reached in 2018, the latest spike signals a potential resilience as Bitcoin, Ethereum, and XRP hold onto gains.

NEAR Protocol is among the outperformers on Tuesday morning.

Stellar price today

Stellar’s XLM token is trading at $0.39, with a price increase of over 4% in the past 24 hours.

According to market data by CoinMarketCap, XLM’s price gains come as daily trading volume experiences a 10% down flip.

The volume of over $297 million is nonetheless robust.

Other than ETF buzz, Stellar has benefited from milestones such as asset tokenisation and regulatory shifts.

Stellar has also seen a major institutional interest in real-world assets.

During Meridian25, the Stellar Development Foundation announced access to more than $3 billion in RWA on Stellar.

Issuers tapping into XLM’s ecosystem include PayPal, Ondo Finance, Mercado Bitcoin, Centrifuge and RedSwan Digital Real Estate.

The recent launch of PayPal USD on the Stellar network has bolstered transaction activity.

Meanwhile, the increase in Stellar’s total value locked signals growing institutional confidence.

XLM price forecast

Technical indicators and network developments are key metrics to watch when looking at Stellar (XLM) price.

From a technical analysis perspective, XLM is poised at the key support level near $0.35.

The broader picture remains largely negative with XLM in a descending triangle pattern.

Both the daily RSI and MACD signal weakness, and prices could fall to $0.30 and revisit $0.21 in the short term.

XLM price chart by TradingView

However, analysts say crypto is still bullish despite the bloodbath seen on Monday.

If sentiment flips positive, analysts project that a significant upward move will materialise.

The RWA traction and partnerships like those with Mastercard and MoneyGram strengthen Stellar’s appeal for institutional adoption.

With institutional interest rising and technical upgrades enhancing its network, XLM is well-positioned for potential growth.

Bitcoin’s holding above $112k has bolstered bulls, though analysts suggest investors should remain vigilant of market volatility.

If bulls break to $0.41, a potential breakout will unfold and contribute to XLM’s march to $0.58.

Crypto analysts have pointed out that current Stellar price levels could be a great buy-the-dip opportunity.

 

 

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Crypto market calm after Monday’s crash: what’s going on?

  • Ether fell as much as 9% in a single session on Monday, wiping out $500 million in bets.
  • Bitcoin traded 0.8% lower, with nervous positioning seen in options.
  • $23 billion in Bitcoin and Ether contracts are due to expire on Friday.

A sharp crash on Monday wiped more than $1.5 billion from leveraged cryptocurrency positions, underscoring how fragile digital asset markets remain.

The sudden liquidation wave, one of the largest this year, unfolded without a clear catalyst and hit Ether especially hard.

By Tuesday morning in Asia, the dust had begun to settle, but prices remained under pressure and traders were braced for more turbulence as a record options expiry approached.

Monday’s crash triggers heavy liquidations

On Monday, Ether led the declines with losses of up to 9%, sparking the unwinding of nearly $500 million in bullish bets.

Bitcoin also retreated, falling sharply before stabilising with a smaller 0.8% decline.

In total, more than $1.5 billion in leveraged positions were forced out across exchanges, making it one of the year’s biggest liquidation events after months of speculative rallies.

Analysts said the drop showed how quickly leverage combined with thin liquidity can turn into widespread selling.

Tuesday’s session shows nervous stability

By Tuesday morning in Asia, the market was calmer, though sentiment remained cautious.

Ether trimmed its losses to around 0.9%, while Bitcoin also traded 0.8% lower.

Options activity pointed to traders positioning for further swings rather than stability, with significant bets placed on Bitcoin falling below $95,000 or rising above $140,000 before the month-end.

The appetite for protection in both directions highlighted just how unsettled sentiment has become.

Expiring contracts add to pressure

Deribit data showed that roughly $23 billion of Bitcoin and Ether options contracts are due to expire on Friday, one of the largest expiries ever recorded.

This event has amplified caution across the market, with traders expecting volatility to dominate in the near term.

Short-term options have grown in popularity as investors look for cheaper exposure to sudden price moves, turning volatility itself into the trade.

Meanwhile, crypto treasury firms that earlier drove demand by raising funds to buy tokens have slowed their purchases.

With share prices falling, these companies have less capacity to raise capital, reducing support for prices and adding to downward pressure.

Leverage and liquidity risks remain

Data from Binance shows open interest in perpetual futures has surged over the past few months, with Ether seeing the strongest speculative activity.

The structure has left the token more exposed to sharp reversals, acting as a higher-beta proxy for digital asset sentiment in periods of stress.

Bitcoin, by contrast, has shown relatively steadier trading thanks to deeper liquidity and its growing role in institutional portfolios.

Even so, analysts caution that the higher levels of leverage in the system compared to last year mean the risk of large swings remains.

With the Federal Reserve cutting interest rates, some expect new inflows to offset selling pressure, but links between Bitcoin and equities suggest macro policy will continue to shape its path.

The post Crypto market calm after Monday’s crash: what’s going on? appeared first on CoinJournal.