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Stellar Holds the Line at $0.277 as Buyers Defend Key Support Zone
XLM steadies after a sharp 5.5% sell-off, with traders watching the $0.277 level as the critical line between recovery and renewed downside pressure.
CD Analytics
Oliver Knight
Nov 3, 2025, 4:59 p.m.
Nov 3, 2025, 4:59 p.m.
Stellar’s XLM surged 3.74% to $0.285 on strong volume amid smart contract growth, despite lagging the broader crypto market by 2.10%.
What to know
Stellar’s price rebounded from a $0.277 low after heavy liquidation, confirming the level as pivotal short-term support.
Volume surged 887% during the breakdown before normalizing, hinting at short-term stabilization.
XLM faces strong resistance at $0.3014, with consolidation near $0.281 suggesting a balanced but fragile market.
Stellar (XLM) bounced to $0.285 on Tuesday following a sell-off, with trading volumes running 11.18% above the 30-day average as smart contract activity on the network surged 700%. The rebound marked a clear break from recent consolidation, signaling renewed participation from selective institutional flows.
Despite the rebound, XLM underperformed the broader crypto market (CD5) by 2.10%, reflecting network-specific headwinds even as sector sentiment improved. Traders highlighted Stellar’s $5.4 billion real-world asset tokenization milestone as evidence of growing network utility, though the muted relative strength hinted at cautious rather than exuberant buying.
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A brief capitulation between 15:27 and 15:31 UTC saw XLM plunge 5.5% from $0.293 to $0.277, with volume spiking to 12.8 million shares per minute. Support held firm at $0.277, sparking a sharp rebound toward $0.285 as buyers stepped in aggressively following the washout.
Technically, Stellar faces resistance at $0.3014 after a failed hold of $0.2900 support, with current consolidation near $0.281 suggesting balance between bulls and bears. The 887% volume surge during the breakdown underscores lingering volatility even as fundamental momentum builds.
XLM/USD (TradingView)
Key Technical Levels Signal Mixed Momentum for XLM
Support & Resistance
Support: Critical support established at $0.277 following extreme washout.
Resistance: Strong resistance confirmed at $0.3014 after breakdown from $0.2900 support.
Range: Current consolidation between $0.281 – $0.285.
Volume Analysis
24-hour volume is 11.18% above the 30-day average, confirming directional conviction.
Breakdown phase: Extraordinary spike to 259.3M shares (+887% vs. SMA).
Stabilization: Volume normalized below 4M shares, indicating reduced volatility.
Chart Patterns
Decisive break below ascending trendline support during capitulation.
24-hour range: $0.0287 (9.4%) from $0.3038 high to $0.2817 low.
Stabilization: Price steadying after rebound attempts from $0.277 low.
Targets & Risk/Reward
Immediate resistance: $0.2900 (former support).
Upside target: $0.3014, contingent on sustained momentum.
Downside risk: Retest of $0.277 support if consolidation fails.
Disclaimer:
Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to
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