{"id":93174,"date":"2025-09-02T16:38:59","date_gmt":"2025-09-02T16:38:59","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=93174"},"modified":"2025-09-02T16:38:59","modified_gmt":"2025-09-02T16:38:59","slug":"is-stellar-xlm-setting-up-for-its-next-major-breakout","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=93174","title":{"rendered":"Is Stellar (XLM) Setting Up for Its Next Major Breakout?"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Stellar nears critical $0.32\u2013$0.30 support zone after rejection at $0.45 resistance.
\nLong liquidations dominate, with $192K closed as XLM slips from the $0.40\u2013$0.45 range.
\nProtocol 23 upgrade on September 3 adds attention as traders watch for a breakout setup.<\/p>\n

Price Moves Toward Demand Zone<\/h2>\n

Stellar (XLM) was trading at $0.36 at press time, with a 24-hour volume of $288 million. The token is little changed on the day but has fallen 7% over the past week.<\/p>\n

Alpha Crypto Signal noted that XLM is approaching a key support area.<\/p>\n

\u201cThe rejection from the $0.45 resistance is playing out cleanly, and price action is now inching toward that key demand area at $0.32\u2013$0.30,\u201d the group said.<\/p>\n

They added that this zone remains their focus for accumulation<\/a>. The daily chart shows that XLM is under pressure after being rejected from $0.45. The asset is now heading toward the $0.32\u2013$0.30 range, which has previously served as a base for rebounds.<\/p>\n

#XLM<\/a> Update:$XLM<\/a> is gradually sliding closer to our entry zone as expected. The rejection from the $0.45 resistance is playing out cleanly, and price action is now inching toward that key demand area at $0.32\u2013$0.30. This zone remains our area of interest for fresh accumulation,\u2026 https:\/\/t.co\/mFQJ4tt64U<\/a> pic.twitter.com\/HzFsDMfeL6<\/a><\/p>\n

\u2014 Alpha Crypto Signal (@alphacryptosign) September 2, 2025<\/a><\/p>\n\n

Short-term trend indicators are positioned above current levels, with the EMA 9 at $0.37 and the SMA 50 at $0.41. If buyers defend the support, a rebound toward $0.50\u2013$0.55 remains possible. A decisive break under $0.30, however, would weaken this setup and point to further losses.<\/p>\n

Trading volumes have cooled since July\u2019s sharp rally, suggesting consolidation as the market waits for direction<\/a>.<\/p>\n

Long Liquidations on the Rise<\/h2>\n

Recent liquidation data shows that long positions are being squeezed as XLM moves lower. On September 2, long liquidations reached over $192,900 compared with $55,750 in short liquidations.<\/p>\n

The largest share came from OKX, where $138,160 worth of long positions were closed. Binance recorded both long and short liquidations, while earlier in July, the trend was reversed, with shorts being liquidated as XLM rallied to nearly $0.50.<\/p>\n

<\/a>Source: Coinglass<\/p>\n

Meanwhile, the shift toward long liquidations mirrors the pullback from $0.45 and highlights the importance of the $0.32\u2013$0.30 support range.<\/p>\n

Upcoming Protocol Upgrade<\/h2>\n

Stellar\u2019s next network update, Protocol 23, is scheduled<\/a> for September 3. The upgrade will introduce changes to the system, though its immediate effect on market behavior is uncertain.<\/p>\n

With price nearing a crucial support level and the upgrade on the horizon, traders are watching to see if XLM can stabilize and set up for another breakout attempt.<\/p>\n

The post Is Stellar (XLM) Setting Up for Its Next Major Breakout?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Stellar nears critical $0.32\u2013$0.30 support zone after rejection at $0.45 resistance. Long liquidations dominate, with $192K closed as XLM slips from the $0.40\u2013$0.45 range. Protocol 23 upgrade on September 3 adds attention as traders watch for a breakout setup. Price Moves Toward Demand Zone Stellar (XLM) was trading at $0.36 at press time, with […]<\/p>\n","protected":false},"author":0,"featured_media":93175,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-93174","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/93174"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=93174"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/93174\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/93175"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=93174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=93174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=93174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}