Stellar Price Analysis February 28, 2025: XLM Price Dropped to $0.2527 Amid Bear Market

XLM faces a significant drop shadowing a bearish signal. At a critical juncture, XLM is now recovering from the fall. 
What is Stellar XLM’s exact market sentiment? Is it a good investment in the current market volatility? Today, the crypto market tumbled, and the top dominants faced a significant price decline. Steller (XLM) is not an exception. Hence, traders are doubting whether buying XLM in the dip could be worth it. Let’s analyze the price movement of Stellar XLM for a better understanding.  

Stellar (XLM) Dynamic Price Fluctuation – February 27, 2025

On February 27, 2025, Stellar’s XML experienced notable price action within the trading range. During the early trading session, XLM began with a brief fall. At 01:05 UTC, a Golden Cross on MACD signaled an uptrend. Likely, at 01:10 UTC, XLM started to wave on the upside. But at 06:35 UTC, XLM resisted at $0.2933 and experienced a shortfall. At 08:55 UTC, Stellar XLM bounced back and hit the resistance at $0.2933. 

Chart 1 – Analyzed by Buvaneswari_L, published on TradingView, Feb 28, 2025

Likely, the XLM price then began to experience a sharp fall. A Death Cross on MACD at 11:05 UTC affirmed this downtime. Further, at 20:40 UTC, XLM broke the support at $0.2794, which led to a fake out, and dropped to $0.2771. A Golden Cross on MACD at 20:20 UTC signaled a possible uptrend. At 20:25, XLM entered an RSI Oversold situation, indicating a potential trend reversal. As expected, at 21:05 UTC, XLM found support at $0.2771, pulled back, resisted, and closed at $0.2840. 

Stellar Price Today: XLM Price Dropped to $0.2527

As illustrated in Chart 1, on February 28, 2025, Stellar’s trading day began with a steep fall. The XLM price movement started with a sharp price decline in the early trading session. At 00:05 UTC, a pin bar, followed by a full-body red candle, signaled a substantial price fall. As expected, XLM began to fall, broke the support at $0.2771, and breached a breakout, indicating further price fall. A Death Cross on MACD at 00:30 affirmed this uptrend. At 01:25 UTC, XLM encountered an RSI Oversold situation, suggesting a possible trend reversal.

Likely, within the downward channel, at 02:50 UTC, the XLM price experienced a short rise, kept fluctuating, and dropped to $0.2527. A Golden Cross on MACD at 02:55 UTC asserted this short-term rise. At 08:15 UTC, XLM entered an RSI Oversold zone, indicating an uptrend. As expected, at 08:25 UTC, XLM found support at $0.2527 and began to move upward. A Golden Cross on MACD at 08:40 confirmed this uptime. But at 10:00 UTC, XLM resisted at $0.2651 key resistance, fluctuating within the key levels. At 13:40 UTC, XLM breaks the key resistance and moves on the upside.  

Stellar’s Possible Scenario

Based on the Stellar price analysis, the Stellar price today is attempting to recover from the fall. Currently, XLM’s price breaks the key resistance at $0.2651, suggesting a Bullish sentiment. If the uptrend resists, XLM’s price could fall, breaking the key support at $0.2527, which leads to a breakout and suggests a strong bearish momentum. As market uncertainty grows, we suggest traders and market participants closely monitor the XLM’s performance and their potential to know whether it is a buy or sell momentum.