XLM Recovers From $0.38 Lows Amid Institutional Buying – 17/9/2025
Stellar’s XLM bounced back from overnight lows of $0.38, climbing above $0.39 during European trading on Tuesday. Strong demand at the $0.38 support level and signs of institutional accumulation fueled the recovery.
Early in the session, XLM fell from $0.39 at 02:00 UTC to $0.38 by 04:00 UTC, marking the sharpest drop of the period. Heavy trading around $0.38 confirmed it as a key support zone. Momentum picked up as European markets opened, pushing XLM back above $0.39. Analysts noted that institutional buying at discounted levels likely contributed to the rebound.
Over the 24-hour window from Sept. 16, 15:00 UTC to Sept. 17, 14:00 UTC, XLM traded in a tight $0.38–$0.39 range — a 2% swing — showing resilience amid broader crypto market volatility. Intraday activity in the final hour reflected the tug-of-war between bulls and bears, with the token ultimately closing near $0.39 and maintaining its bullish posture into U.S. trading.
Technical Snapshot
- Consolidation between $0.38–$0.39 with 2% intraday volatility.
- Support at $0.38 confirmed by heavy volume.
- Signs of institutional accumulation strengthened bullish momentum.
- Successive ascending lows suggest continued positive price structure.
