Saad Ullah
Stellar (XLM) recently dropped to $0.3183 on October 10, pulling its market cap down to $10.19 billion. The selloff came as trade war concerns rattled crypto markets, particularly affecting tokens tied to cross-border payments and remittances—Stellar's core use case. Now trading around $0.32, XLM faces a critical test: can this support level hold and spark a meaningful recovery?
Chart Breakdown
In a recent tweet, Iwattt highlighted the weekly chart shows XLM defending the $0.30 zone multiple times in recent months, with the 50-period moving average adding extra support. However, resistance around $0.45–$0.50 has proven stubborn throughout 2025. Breaking through could open the door to $0.65, but current indicators suggest consolidation rather than an imminent breakout. The RSI sits at 53—neutral territory—leaving room for either direction depending on market catalysts.
Price Forecasts
Predictions vary widely: Changelly sees XLM averaging $2.69 by year-end, while FastBull anticipates up to $1.29 driven by partnership expansion. Reddit traders are eyeing $1–$1.20 during the next bull cycle. On the flip side, CoinCodex projects just $0.382 near-term, and Kraken suggests modest movement toward $0.35 through 2026. This split reflects uncertainty around both macro conditions and Stellar's network adoption rate.
Stellar's focus on institutional partnerships for cross-border payments gives it genuine utility beyond speculation. If geopolitical tensions ease and remittance flows normalize, XLM could outperform purely speculative assets. The network's established relationships with financial institutions provide a foundation that many competitors lack.
Saad Ullah
