{"id":837062,"date":"2025-03-27T08:11:52","date_gmt":"2025-03-27T13:11:52","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/27\/xlm-price-crash-incoming-bearish-pattern-spotted\/"},"modified":"2025-03-27T08:11:52","modified_gmt":"2025-03-27T13:11:52","slug":"xlm-price-crash-incoming-bearish-pattern-spotted","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/27\/xlm-price-crash-incoming-bearish-pattern-spotted\/","title":{"rendered":"XLM Price Crash Incoming? Bearish Pattern Spotted"},"content":{"rendered":"
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\"XLM<\/figure>\n<\/div>\n
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In the ongoing market uncertainty, Stellar\u2019s native token, XLM, appears bearish and is poised for a price decline due to the bearish price action it has formed on the four-hour timeframe. At the beginning of March 2025, XLM experienced impressive upside momentum, but it later formed a bearish rising wedge pattern.<\/p>\n

XLM Technical Analysis and Upcoming Levels\u00a0<\/strong><\/h2>\n

According to expert technical analysis, the asset is currently experiencing a price decline and is at a crucial support level. Based on recent price action and historical patterns, if XLM fails to hold the $0.288 level and closes a 4-hour candle below it, the price could decline by 15% to reach the $0.23 level in the coming days.<\/p>\n

In addition to this bearish pattern, XLM\u2019s price began falling after hitting a descending trendline with a strong history of price reversals. However, the asset has formed a bearish engulfing candlestick pattern, which is pushing XLM\u2019s price lower.<\/p>\n

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Source: Trading View<\/figcaption><\/figure>\n

Current Price Momentum<\/strong><\/h3>\n

At press time, XLM is trading near $0.288 and has recorded a 2% price drop in the past 24 hours. Despite the decline, its trading volume has spiked by 25%, indicating increased participation from traders and investors compared to previous days.<\/p>\n

Bearish On-Chain Metrics\u00a0<\/strong><\/h2>\n

This bearish price action has been further reinforced by recent activity from whales and long-term holders, as reported by the on-chain analytics firm Coinglass<\/a>.<\/p>\n

$1.40 Million Worth of XLM Inflow<\/strong><\/h3>\n

Data from spot inflow\/outflow reveals that exchanges have witnessed an inflow of over $1.40 million worth of XLM tokens in the past 24 hours, suggesting a potential sell-off by these holders, which could lead to a price decline in the future.<\/p>\n

$3.30 Million Worth of Bearish Bet<\/strong><\/h3>\n

In addition to the activity of long-term holders, traders are also following the bearish market sentiment, as they are strongly betting on the downside. Data shows that traders are currently over-leveraged at $0.305 on the upper side and $0.286 on the lower side, both on the verge of liquidation. At these levels, traders have built $3.30 million and $611K worth of short and long positions, respectively.<\/p>\n

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Source: Coinglass<\/figcaption><\/figure>\n

When combining all these on-chain metrics with technical analysis, it appears that bears are currently dominating, and XLM\u2019s price could see a further decline in the coming days.<\/p>\n<\/div>\n

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\n Chandan Gupta<\/p>\n","protected":false},"excerpt":{"rendered":"

In the ongoing market uncertainty, Stellar\u2019s native token, XLM, appears bearish and is poised for a price decline due to the bearish price action it has formed on the four-hour timeframe. At the beginning of March 2025, XLM experienced impressive upside momentum, but it later formed a bearish rising wedge pattern. XLM Technical Analysis and<\/p>\n","protected":false},"author":1,"featured_media":837063,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2199,4759],"tags":[],"class_list":{"0":"post-837062","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-crash","8":"category-price"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/837062","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=837062"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/837062\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/837063"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=837062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=837062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=837062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}