XLM Rebounds From $0.38 on Strength of Institutional Demand

XLM Rebounds From $0.38 Lows on Institutional Support – 17/9/2025

Stellar’s XLM recovered from overnight lows of $0.38, climbing above $0.39 during European trading on Tuesday as strong support and signs of institutional accumulation underpinned the bounce.

The token fell from $0.39 at 02:00 UTC to $0.38 by 04:00 UTC, marking the session’s sharpest decline. Elevated trading volumes around $0.38 confirmed it as a critical support zone. Momentum picked up as European markets opened, pushing XLM back above $0.39. Analysts suggest that institutional buying at discounted levels played a key role in the recovery.

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 — demonstrating resilience amid broader crypto market volatility. Late-session trading highlighted a tug-of-war between bulls and bears, with XLM ultimately closing near $0.39, maintaining its bullish stance into U.S. trading hours.

Technical Highlights

• Price consolidated between $0.38–$0.39 with 2% intraday volatility.
• Support at $0.38 confirmed by strong trading volume.
• Institutional accumulation at $0.38 reinforced bullish momentum.
• Successive ascending lows suggest continued positive trend.