Is Stellar (XLM) About to Ditch Its Price Woes? Find Out! 😱💰

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Oh, the Agonies of a Soaring Coin!

  • As if stuck in a ballet of misfortune, Stellar pirouettes towards the critical support zone of $0.32-$0.30, having faced the brutal rejection of the once-majestic $0.45 resistance.
  • The market, a heartless harbinger of tragedy, watched $192K in long liquidations waltz away, as our beloved XLM slinked down from its lofty abode somewhere between $0.40 and $0.45.
  • The imminent arrival of Protocol 23 on September 3 beckons both anticipation and uncertainty, as merchants of fate cast their anxious gazes for a breakthrough setup!

Price Drifts Toward the Abyss of Demand

At this very moment, Stellar (XLM) finds itself shivering at $0.36, with a generous trading volume of $288 million. The token, as lively as a somnolent cat, remains pallid over the day but has suffered a grievous 7% decline over the week.

Let us hear from the wise sages known as Alpha Crypto Signal, who proclaim from the mountain tops (or perhaps their comfortable armchairs) that XLM is nearing a critical sanctuary of support.

“The rejection from that lofty $0.45 resistance unfolds with a cinematic grace, as price actions delicately tiptoe towards the hallowed grounds of $0.32-$0.30,” they reverently declared.

Thus they say this sacred zone remains the object of their quest for riches. The daily chart, however, reveals nothing but a somber pressure after the dramatic rejection from $0.45, prompting XLM to traipse towards the renowned $0.32-$0.30 vale, known for its past miracles of rebirth.

#XLM Update: Behold! $XLM merrily glides closer to our precinct of profit as foreseen. The glorious rejection from the $0.45 fortress plays out splendidly! We inch toward the celebrated zone of $0.32-$0.30, where fresh accumulation could occur…

– Alpha Crypto Signal (@alphacryptosign) September 2, 2025

In the fickle realm of short-term trends, indicators remain perched high above, with the EMA 9 around $0.37, while the SMA 50 looks regal at $0.41. Should the brave defenders of this stronghold maintain their vigil, a miraculous rebound to the $0.50-$0.55 heights may still be within reach. But woe betide us! A decisive plunge beneath $0.30 will send this setup spiraling into dismal depths.

The once fervent trading volumes have now taken a snooze since July, indicating that the market, like a student during exam season, is in desperate need of direction.

The Tragic Rise of Long Liquidations

Lo and behold! The latest counts reveal the catastrophic tightening of long positions, as XLM takes a rout towards the depths. On September 2, the specter of long liquidations crossed above the ominous $192,900 mark while the shorts, having a laugh at their misfortune, lingered back at $55,750.

The greatest exodus originated from the notorious land of OKX, where long positions worth $138,160 bid farewell. Meanwhile, Binance witnessed a clash of long and short liquidations, leaving the battlefield of July where shorts had previously met their doom as XLM soared towards the heavenly realms of $0.50.


Such a gory shift to long liquidations reflects the traumatic reversal from $0.45 and emphasizes the vital importance of the $0.32-$0.30 refuge!

The Much-Awaited Protocol Upgrade

Set your watches, dear readers! Stellar’s enchanted network update, dubbed Protocol 23, is slated for September 3. It promises to unveil a pandemonium of changes, though the immediate ramifications on market behavior remain as uncertain as a cat’s mood.

As the price ventures perilously close to this crucial support level and the upgrade looms ominously, all eyes turn expectantly to see whether XLM can muster the strength for another valiant breakout endeavor!

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2025-09-02 19:53