Stellar (XLM) Price Analysis for February 1
Analysis
Price Impact
HighStellar (xlm) has seen significant declines, dropping 2.11% daily and 16.6% weekly. technical analysis indicates a strong bearish trend with current support levels breaking and potential for further, deeper drops.
Trustworthiness
MedThe analysis is based on technical indicators and chart patterns from coinstats and tradingview, which are standard tools for market analysis. while thorough, it remains an interpretation of market data.
Price Direction
BearishXlm is breaking local support at $0.1743 and is expected to test $0.17, then $0.16 in the coming days. high trading volume during the decline suggests sustained selling pressure, with a midterm risk of falling to the $0.14-$0.15 zone.
Time Effect
ShortThe analysis points to immediate price targets for 'tomorrow' and 'next days,' indicating a short-term bearish outlook, though it also mentions a 'midterm' possibility for a deeper drop.
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Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News The crypto market keeps reaching new local lows, according to CoinStats . Advertisement XLM chart by CoinStats XLM/USD The rate of Stellar (XLM) has declined by 2.11% since yesterday. Over the last week, the price has fallen by 16.6%. Image by TradingView On the hourly chart, the price of XLM is about to break the local support at $0.1743. If bears' pressure continues and the daily bar closes below that mark, one can expect a test of the $0.17 zone tomorrow. Image by TradingView On the bigger time frame, the rate of XLM is on the way to the support at $0.16. The volume remains high, which means buyers are not ready yet to seize the initiative. You Might Also Like Sat, 01/31/2026 - 14:40 Cardano (ADA) Price Analysis for January 31 By Denys Serhiichuk In this case, an ongoing decline to the aforementioned level is the more likely scenario for the next days. Image by TradingView From the midterm point of view, sellers are also more powerful than buyers. If a breakout of the $0.16 level happens, the accumulated energy can be enough for a more profound drop to the $0.14-$0.15 zone. XLM is trading at $0.1736 at press time. #XLM Price Prediction