XLM drops by 0.49% amid growing bearish momentum; Upcoming Q3 webinar aims to offer further insights
- XLM fell 0.49% in 24 hours to $0.3231, showing bearish pressure amid a descending channel pattern. - Key support forms near $0.30; a break could trigger further declines after 11.18% monthly losses. - Stellar's October 30 Q3 webinar may clarify future direction, potentially shifting market sentiment based on disclosed updates.
As of OCT 26 2025,
XLM is currently facing downward momentum, trading inside a falling channel. The token has repeatedly failed to surpass the $0.38 resistance, which is seen as a key level that could shift the market to a more optimistic stance. A significant support area is developing near $0.30; if this level is breached, it could lead to further declines. Market participants are monitoring closely for indications of either a trend reversal or continued bearish movement.
Looking ahead, Stellar plans to conduct a Q3 review webinar on October 30, 2025. The session will highlight recent achievements, essential performance data, and the organization’s future plans. Insights from this event may help clarify XLM’s trajectory and impact its price. Experts suggest the webinar could either confirm the current negative outlook or spark a recovery if encouraging news is presented.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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