XLM Rebounds From $0.38 as Institutional Buying Supports Recovery – 17/9/2025
Stellar’s XLM bounced from overnight lows of $0.38, reclaiming levels above $0.39 during European trading on Tuesday. Strong support at $0.38 and signs of institutional accumulation helped drive the recovery.
The token dipped from $0.39 at 02:00 UTC to $0.38 by 04:00 UTC, marking the session’s steepest decline. Heavy trading around this level confirmed it as a key support zone. As European markets opened, XLM gained momentum, rising back toward $0.39. Analysts suggested institutional buying at discounted prices contributed to the rebound.
Over the 24-hour period from Sept. 16, 15:00 UTC to Sept. 17, 14:00 UTC, XLM traded in a narrow $0.38–$0.39 range — a 2% swing — showing resilience amid broader crypto volatility. Intraday moves in the final hour highlighted a tug-of-war between bulls and bears, with XLM ultimately closing near $0.39 and maintaining a bullish posture heading into U.S. trading.
Technical Highlights
- Consolidation between $0.38–$0.39 with 2% volatility.
- Dip to $0.38 confirmed strong support.
- Volume spike at $0.38 indicated institutional accumulation.
- Successive ascending lows suggest continued bullish momentum.
