{"id":42778,"date":"2025-08-18T17:31:48","date_gmt":"2025-08-18T17:31:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=42778"},"modified":"2025-08-18T17:31:48","modified_gmt":"2025-08-18T17:31:48","slug":"stellars-xlm-token-drops-6-as-selling-pressure-intensifies","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=42778","title":{"rendered":"Stellar&#8217;s XLM Token Drops 6% as Selling Pressure Intensifies"},"content":{"rendered":"<div>\n<p>Stellar\u2019s XLM token came under heavy institutional selling pressure between August 17 at 3:00 PM and August 18 at 2:00 PM, sliding from $0.43 to $0.41 in a 6% decline. <\/p>\n<p>Trading volumes during the 24-hour period topped $30 million, representing roughly 7% of daily turnover.<\/p>\n<p> The most notable liquidation event occurred between 1:00 AM and 3:00 AM on August 18, when institutional sellers offloaded more than 60 million tokens. This selloff forced XLM down from $0.42 to $0.41, creating strong resistance at the $0.42 level and defining new support near $0.41. <\/p>\n<p>Despite attempts at recovery, the asset consistently failed to breach the resistance zone, signaling persistent institutional bearishness and leaving XLM vulnerable to further downside.<\/p>\n<p>The final trading hour on August 18 added fresh pressure, as XLM registered a 1% drop between 1:21 PM and 2:20 PM. Institutional selling accelerated between 1:31 PM and 1:42 PM, with corporate liquidations pushing prices from $0.41 to $0.41 on volumes exceeding 2.7 million units. <\/p>\n<p>This flurry of activity confirmed resistance at $0.41 and set a short-term support floor at the same level. Multiple recovery attempts throughout the hour were met with renewed selling pressure, culminating in a stagnant close around $0.41 with minimal volume in the last 20 minutes. <\/p>\n<p>The lack of buying interest highlights the possibility of further weakness should sellers regain momentum.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/4037d4191dabd952f5fe902ee1cac67dae6e2c67-2726x1342.png?auto=format\" alt=\"XLM\/USD (TradingView)\" title=\"XLM\/USD (TradingView)\"><\/p>\n<p><strong><em>Disclaimer:<\/em><\/strong> <em>Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to<\/em> <em><a href=\"https:\/\/www.coindesk.com\/ethics\">our standards<\/a>. For more information, see<\/em> <a href=\"https:\/\/www.coindesk.com\/coindesk-news\/2023\/04\/14\/how-coindesk-will-use-generative-ai-tools\"><em>CoinDesk&#8217;s full AI Policy<\/em><\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Stellar\u2019s XLM token came under heavy institutional selling pressure between August 17 at 3:00 PM and August 18 at 2:00 PM, sliding from $0.43 to $0.41 in a 6% decline. Trading volumes during the 24-hour period topped $30 million, representing roughly 7% of daily turnover. The most notable liquidation event occurred between 1:00 AM and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-42778","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42778"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42778\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}