Oh. My. God. So, Stellar’s XLM
XLM
$0.43
(apparently that’s what it’s called, like a posh boarding school) has decided it’s not feeling the $0.50 vibe at all. Rejection, darling, always stings. It’s currently… descending. Down 5% today, to a measly $0.43. Honestly, the drama. 🙄

It had a whole 80% rally last month! 80%! Like, seriously? Was it on a sugar rush? Now it’s all ‘losing steam’ and ‘bearish pressure’ – which sounds terribly unpleasant. Everyone’s watching, obviously. It’s like a particularly awkward first date – will it recover, or will it just… end? 📉

Xlm price is clinging on, but things are looking shaky

It’s *just* above $0.45, which is… goodish? But apparently, according to some very serious people at Bitget (who have a map, naturally), there’s a LOT of money poised to vanish if it dips. A grand total of $79.8 million in long positions versus a rather paltry $42.1 million in shorts. You do the maths. It’s terrifying.

And get this: there’s a huge pile of ‘long liquidations’ just WAITING under $0.40. It’s like a financial trap. A very expensive, digital trap. 😬

XLM Liquidation Cluster – Source: Coinglass

If it breaks below $0.40, apparently it’ll be a cascade of… *liquidations*. Honestly, sounds messy. Like a very expensive, digital domino effect.

Stellar’s RSI: A warning sign? ⚠️

Apparently, some clever people have looked at the RSI (Relative Strength Index – sounds terribly important, doesn’t it?) and it’s forming ‘lower highs’. Which, according to TradingView (who knew?), is a bad sign. It’s like when you try to look cheerful after a really bad hair day – the effort is visible. It’s happened before, in December, and XLM plummeted over 40%. Not a good look.

XLM RSI Divergence: TradingView

The RSI apparently measures ‘strength’ (of price action, not actual muscles) and if it declines while prices stay the same or go up, it means trouble. It’s a divergence! Apparently! (I’m still trying to work out what that *means*).

They’ve drawn some lines on a chart (Fibonacci retracement – fancy) and it suggests $0.44 is a key level. If it goes below that… well, brace yourselves for $0.40. And then, potentially, $0.33. Which, frankly, sounds awful. 😱 A 40% drop, mirroring the December disaster? Don’t even.

XLM is currently clinging onto $0.44 like a life raft. But honestly? I’m starting to feel a bit seasick. 🌊

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2025-07-23 20:28