Stellar (XLM) is showing early signs of recovery today after months of decline, as the market attempts to find stability within its primary support zone. Analysts are watching for signs of crucial resistance levels to confirm the formation of a bottom for the market.
At the time of writing, XLM is trading at $0.1641 with a 24-hour volume of $282.65 million and a market capitalization of $5.41 billion, according to CoinMarketCap data. Over the last 24 hours, Stellar has gain 3.93%, reflecting early signs of market stabilization.
Source: CoinMarketCap
Stellar (XLM) Signals Possible Uptrend Formation
On February 26, 2026, crypto analyst More Crypto Online noted that the price of Stellar has been in a steady downtrend since it peaked in July 2025. At the moment, the focus of the market is on the price range of $0.142 to $0.161 as the price attempts to balance the buying and selling pressure.
Source: X
It is noted that if the price is able to surpass the $0.185 price mark, then it could be a sign of a recovery trend.
More Crypto Online explains that a larger bottom means that XLM needs to develop a clear uptrend, which could be a five-wave formation to signify a stronger recovery. A small short-term setup is also possible, but it is uncertain due to a lack of momentum.
The key price to watch is $0.185, which has a good chance of acting as a structural low if it is broken through. However, the micro support levels around $0.142 to $0.152 have been holding through February.
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XLM Gains Momentum Amid Bearish
Looking at technical indicators, Stellar is trying to experience a small rebound. The Relative Strength Index (RSI) is at 46.35, which is close to the neutral level of 50. At the same time, the average RSI is at 40.20.
Prices are still below major moving averages, which is an indication that the overall trend is bearish. The 20-day simple moving average (SMA) is at $0.16114, the 50-day SMA is at $0.18814, the 100-day SMA is at $0.21053, and the 200-day SMA is at $0.28190.
Source: TradingView
On the momentum side, the MACD line shows slight improvement. It is currently at 0.00171, which is above the signal line at -0.00753. Additionally, the histogram is also positive at 0.00924. This indicates that the buyers are gaining traction, although more buying volume is necessary to confirm the trend.
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