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Stellar’s XLM Rebounds From $0.38 Lows as Institutional Demand Fuels Recovery
Yahoo Finance·2025-09-17 15:34

XLM rebounded strongly after facing overnight selling pressure, with the token climbing back above 0.39duringEuropeantradinghoursonTuesday.Themovefollowedasharpdipthatsawtheassetfallfrom0.39 during European trading hours on Tuesday. The move followed a sharp dip that saw the asset fall from 0.39 at 2 a.m. UTC to 0.38by4a.m.,markingthesessionssteepestdecline.Elevatedtradingactivityaroundthe0.38 by 4 a.m., marking the session’s steepest decline. Elevated trading activity around the 0.38 level signaled strong demand, helping to establish that zone as a key support area. The bounce gained momentum as markets in Europe opened, pushing XLM back toward $0.39. Analysts n ...