XLM Crashes Through Support as Volume Doubles in 24 Hours

Stellar’s native token XLM faced intense pressure over the past 24 hours, plunging from a session high of $0.398 to a low of $0.380. The 5% swing unfolded amid heavy sell-side activity, with the most dramatic capitulation striking on Aug. 25 at 19:00 UTC, when prices tumbled from $0.393 to $0.387. That move coincided with a surge of 46.16 million tokens changing hands—well above the daily average—effectively locking in $0.393 as a formidable resistance ￰0￱ selloff reached its peak just an hour later as XLM tested the $0.380 support level on unprecedented trading volume of 95.27 million tokens, confirming the level as a critical line of defense for ￰1￱ the pressure, the token rebounded into the close, clawing back to $0.389 by the end of the session and underscoring the resilience of buyer demand at the $0.380 ￰2￱ sentiment is being shaped by broader developments as well.

A recently filed U. S.-based crypto ETF aims to spotlight homegrown digital assets, including Stellar, potentially opening the door to new waves of institutional ￰3￱ the same time, technical patterns suggest that XLM is coiling beneath a major resistance level near $0.50, with traders eyeing the possibility of a breakout if momentum shifts back to the ￰4￱ trading action highlighted this ￰5￱ 07:20 and 08:19 UTC on Aug. 26, XLM navigated a narrow band between $0.387 and $0.392, logging a modest 0.18% gain from its session ￰6￱ brief rally to $0.392 was powered by bursts of high-volume buying, but profit-taking capped ￰7￱ volumes surging 115% on the day to $402 million, the clash between heavy selling pressure and potential whale accumulation remains the defining narrative for Stellar’s near-term ￰8￱ Indicators Analysis Price battlefield: $0.018 representing a brutal 5% war zone from $0.398 maximum to $0.380 minimum during the 24-hour combat ￰9￱ nuclear explosion: 95.27 million units detonating at $0.380 support bunker, 115% above average trading ￰10￱ fortress: Impenetrable wall established at $0.393 with 46.16 million unit volume confirmation ￰11￱ stronghold: Mission-critical demand fortress confirmed at $0.380 with massive volume validation ￰12￱ offensive: Systematic advance toward $0.389 following support test with strategically decreasing ￰13￱ chaos: 5% volatility range indicating extreme market warfare and institutional battle activity.

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