{"id":50340,"date":"2025-09-30T17:46:59","date_gmt":"2025-09-30T17:46:59","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=50340"},"modified":"2025-09-30T17:46:59","modified_gmt":"2025-09-30T17:46:59","slug":"stellars-xlm-slips-4-as-institutional-selling-weighs-on-market","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=50340","title":{"rendered":"Stellar\u2019s XLM Slips 4% as Institutional Selling Weighs on Market"},"content":{"rendered":"
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Stellar\u2019s XLM token faced pronounced bearish pressure over a 23-hour span between September 29 at 15:00 and September 30 at 14:00, falling 4% from $0.38 to $0.36. The decline came within a narrow $0.01 range, underscoring the token\u2019s struggle to sustain momentum. Early resistance at $0.38, coupled with heavy trading volume of 38.6 million, signaled strong institutional selling, while a secondary rejection at the same level, with 18.6 million in volume, reinforced the bearish sentiment.<\/p>\n

Support emerged at $0.37 and $0.36, with the latter drawing considerable defensive buying late in the session as volumes spiked to 31.4 million. While the high-volume activity at $0.36 hints at accumulation, the broader market structure\u2014defined by lower highs and lows\u2014suggests the bearish bias remains intact. Breaching the psychological $0.37 threshold further cemented the case for extended downside pressure.<\/p>\n

XLM closed the 24-hour period with a failed recovery attempt at $0.37 in its final hour of trading, where volumes briefly surged before being rejected, sealing a 4% cumulative decline.<\/p>\n

\"XLM\/USD<\/p>\n

Technical Indicators Summary<\/strong><\/h5>\n