Stellar (XLM) is showing early signs of stabilisation after a recent downturn, with price action suggesting a possible short-term recovery if key levels hold. Price snapshot and market activity - XLM is trading around $0.156 after modest gains in the past 24 hours. - Trading volumes remain robust at roughly $97 million over the last day, indicating continued market engagement despite volatility. Short-term technical picture After losing roughly 31% over the past month, XLM has found an important support floor near $0.15 that has so far limited further declines. The token is currently testing a make-or-break band where sellers are present but not yet in full control. On-chain data shows rising exchange inflows—some investors are moving coins onto exchanges, which can temporarily amplify selling pressure. That said, technical indicators such as the Relative Strength Index (RSI) are hovering near oversold territory, a condition that often precedes corrective rebounds. XLM still trades below key moving averages, a reminder to remain cautious, but a break above $0.18 would be a bullish inflection point and could open the path toward $0.23 in the coming weeks. Until those levels are convincingly breached, downside risk remains a material concern. Long-term outlook Beyond near-term swings, Stellar’s fundamentals point to durable use cases tied to cross-border payments and financial infrastructure—real-world utility that can support sustained adoption. Analysts argue that modest upticks in network activity, stablecoin issuance, and institutional or bank partnerships could lift XLM’s valuation over the medium term. The token’s past all-time high near $0.88 underscores its upside potential, even though current prices sit well below that peak. Bottom line For traders, the immediate story is a delicate test of support at $0.15 with upside targets of $0.18–$0.23 if momentum shifts. For longer-term investors, Stellar’s payments-focused utility and network fundamentals offer a potential entry point ahead of broader adoption—albeit with short-term volatility likely to persist. Read more AI-generated news on: undefined/news