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    Home»Blockchain»Stellar (XLM) Price Holds $0.46 Despite Mixed Signals as Protocol 23 Vote Approaches
    Blockchain

    Stellar (XLM) Price Holds $0.46 Despite Mixed Signals as Protocol 23 Vote Approaches

    dogcryptoBy dogcryptoAugust 9, 2025No Comments4 Mins Read
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    Zach Anderson
    Aug 09, 2025 05:35

    XLM trades at $0.46 with RSI at 62.40 showing neutral momentum. Recent regulatory clarity from Ripple’s SEC settlement and Visa integration offset earlier decline concerns.





    Quick Take

    • XLM currently trading at $0.46 (-0.39% in 24h)
    • Stellar’s RSI indicates neutral momentum at 62.40 with price above all major moving averages
    • Ripple’s SEC settlement and Visa’s Stellar integration drive positive sentiment ahead of Protocol 23 upgrade vote

    What’s Driving Stellar Price Today?

    The XLM price has shown resilience this week despite a modest 0.39% daily decline, largely supported by significant regulatory and adoption developments. Ripple’s $125 million settlement with the SEC on August 8th has created a positive ripple effect across the cross-border payments sector, directly benefiting Stellar due to their similar use cases and regulatory positioning.

    Visa’s integration of Stellar’s blockchain for stablecoin settlements, announced on August 5th, represents a major institutional validation that continues to support the XLM price. This partnership positions Stellar as a key infrastructure provider for traditional payment giants entering the digital asset space.

    The upcoming Protocol 23 upgrade vote scheduled for August 14th adds another layer of anticipation. This technical upgrade promises enhanced smart contract functionality and scalability improvements, which could attract more developers and institutional users to the Stellar ecosystem.

    However, traders should note that XLM experienced a 14% decline in early August following its impressive 68% July rally, suggesting some profit-taking occurred before the recent positive catalysts emerged.

    XLM Technical Analysis: Bullish Signals Emerge

    Based on Binance spot market data, Stellar technical analysis reveals a predominantly bullish setup despite short-term consolidation. The XLM price at $0.46 sits comfortably above all major moving averages, with the SMA 7 and SMA 20 both at $0.42, indicating strong short-term momentum.

    Stellar’s RSI at 62.40 occupies the neutral zone, providing room for upward movement without entering overbought territory. This XLM RSI reading suggests the recent rally has space to continue without immediate reversal pressure.

    The MACD configuration shows some mixed signals, with the MACD line at 0.0148 slightly below the signal line at 0.0152, creating a small bearish histogram of -0.0004. However, this minor divergence doesn’t override the overall bullish trend structure.

    Stellar’s Stochastic indicators paint a more optimistic picture, with %K at 87.92 and %D at 83.25, indicating strong upward momentum that could drive the XLM price toward immediate resistance levels.

    Stellar Price Levels: Key Support and Resistance

    The current XLM/USDT trading structure presents clear levels for tactical positioning. Immediate XLM resistance sits at $0.49, followed by stronger resistance at $0.52. The 52-week high of $0.56 represents the ultimate bullish target for this cycle.

    Stellar support levels provide crucial downside protection, with immediate support at $0.36 aligning closely with the SMA 50. This level has historically acted as a reliable bounce point for the XLM price during corrections. Stronger Stellar support exists at $0.22, representing the 52-week low and a major psychological level.

    The Bollinger Bands analysis shows XLM trading at the upper band of $0.48, with a %B position of 0.7985, indicating the price is testing the upper range of its recent volatility envelope. The middle band at $0.42 serves as dynamic support during any pullbacks.

    Should You Buy XLM Now? Risk-Reward Analysis

    For aggressive traders, the combination of positive fundamentals and technical momentum presents an attractive entry opportunity near current levels. The upcoming Protocol 23 vote on August 14th could serve as a catalyst for breaking above XLM resistance at $0.49.

    Conservative investors might wait for a pullback to Stellar support levels around $0.42-$0.44, which aligns with the major moving averages and provides better risk-reward positioning. This approach offers protection against any short-term volatility while maintaining exposure to the positive fundamental backdrop.

    Risk management remains crucial given the 24-hour volatility measure (ATR) of $0.03, representing approximately 6.5% of the current XLM price. Traders should consider position sizing accordingly and maintain stop-losses below key Stellar support levels to protect against unexpected reversals.

    The regulatory clarity from Ripple’s settlement and institutional adoption through Visa’s integration create a compelling fundamental case that could override short-term technical concerns.

    Conclusion

    The XLM price at $0.46 reflects a market balancing recent positive developments against natural profit-taking following July’s significant rally. With Stellar’s RSI in neutral territory and price above key moving averages, the technical setup supports further upside potential, particularly with the Protocol 23 upgrade vote approaching. Traders should monitor the $0.49 resistance level for breakout confirmation while using the $0.42 support zone for defensive positioning over the next 24-48 hours.

    Image source: Shutterstock


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