Share this article
Stellar Tumbles Below Key $0.285 Support as Bears Take Over
XLM retreated to $0.281 as selling pressure intensified during afternoon trading, with volume surging amid failed resistance test.
Updated Nov 13, 2025, 5:21 p.m. Published Nov 13, 2025, 5:21 p.m.
What to know:
- Stellar dropped from $0.289 to $0.281 in 60-minute period, breaking key support.
- Trading volume peaked at 76.24M shares as price rejected resistance near $0.290.
- Token established trading range between $0.281 support and $0.294 resistance.
Stellar faced selling pressure during Tuesday's session with XLM sliding from $0.2846 to $0.2812 as institutional distribution emerged at elevated levels. The token carved out a $0.0189 range, representing 6.7% volatility that signaled heightened trader uncertainty around current price levels.
The breakdown accelerated at 14:00 when trading volume spiked to 76.24 million tokens—115% above the 24 hour average of 35.4 million. Price tested resistance near $0.290 before sellers overwhelmed buyers, pushing XLM through the critical $0.285 support zone that had anchored previous consolidation attempts.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Recent 60-minute data shows XLM declined from $0.289 to $0.281, marking a sharp 2.8% drop characterized by lower highs and lower lows. Bears gained control during key moments at 15:44 and 15:47, with volume exceeding 1.9 million as price action broke decisively below the $0.285 level.
Key technical levels signal breakdown risk for XLM
Support/Resistance Analysis:
- Primary resistance established at $0.294 following session highs.
- Critical support zone now at $0.281 after decisive breakdown.
- Secondary support target identified in $0.278-$0.280 range.
Volume Analysis:
- 24-hour volume climbed 26.06% above 7-day average during breakdown.
- Peak institutional activity at 76.24M shares coincided with resistance rejection.
- Elevated selling pressure maintained above 1.9M during key breakdown moments.
Chart Patterns:
- Clear trading range between $0.281-$0.294 established during session.
- Lower highs and lower lows pattern confirmed bearish momentum shift.
- Failed breakout attempt validated distribution thesis at higher levels.
Targets & Risk Management:
- Immediate downside target: $0.278-$0.280 support zone.
- Risk level for any bounce attempts: $0.285 former support now resistance.
- Volume confirmation required above 2M for sustained directional moves.
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 our standards. For more information, see CoinDesk's full AI Policy.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bank of Japan Set to Hike Rates to 30-Year High, Posing Another Threat to Bitcoin
Rising Japanese rates and a stronger yen threaten carry trades and could pressure crypto markets despite easing U.S. policy.
What to know:
- According to the Nikkei, the Bank of Japan (BoJ) is set to increase interest rates to 75bps, the highest level in 30 years.
- Rising Japanese funding costs, alongside falling U.S rates, could force leveraged funds to reduce carry trade exposure, increasing downside risk for bitcoin.
Top Stories
