Stellar (XLM) is trading around $0.2999 as of November 3, 2025, down approximately 4% in the last 24 hours amid broader market pressure from Bitcoin (BTC) and Ethereum (ETH) slips of 2% and 3%, respectively, according to CoinMarketCap data. On the 4-hour chart, XLM has formed a descending triangle, a pattern characterized by lower highs and a flat support line, often indicating seller dominance but with potential for explosive moves on breakout. The lower boundary at $0.29–$0.2950 has acted as reliable support in recent weeks, with buyers stepping in multiple times to defend it, as noted in the CoinsProbe analysis. Historical data from TradingView shows similar patterns in XLM’s 2024 rally, where a triangle resolution led to a 25% surge. If support holds, this could signal a bullish reversal, especially with the weekly chart displaying a bullish engulfing pattern, suggesting momentum favoring buyers after two weeks of consolidation. RSI at 46 indicates oversold conditions, adding to rebound potential, though a break below $0.29 could target $0.27.
XLM’s current structure reflects uncertainty, with the descending triangle compressing price action since early October. The 50-day moving average at $0.31 is declining, signaling short-term weakness, while the 200-day moving average at $0.35 provides longer-term support. Volume has spiked on the recent drop, but decreasing selling pressure (as per on-chain data from Santiment) hints at exhaustion. Analysts from CoinCodex forecast a 2.68% rise to $0.3111 by November 10 if it holds above $0.3030, with a potential retest of $0.3216 resistance. Changelly predicts a 1.37% increase to $0.309 by November 3, aligning with the bullish engulfing on the weekly frame. If $0.3052 is reclaimed on a daily close, a push to $0.47–$0.52 becomes feasible, per BeInCrypto’s November outlook. On the downside, failure at $0.29 invalidates the pattern, risking a drop to $0.27, though historical rebounds from similar supports in July 2025 (up 18%) offer hope. Broader catalysts like Ethereum’s Fusaka upgrade could lift altcoins, including XLM, if ETH stabilizes above $4,000.
Sentiment around XLM is mixed but leans cautiously optimistic, with 50% green days in the last 30 and a Fear & Greed Index at 37 (Fear), per CoinCodex. Stellar’s focus on cross-border payments positions it well for adoption, especially with partnerships like MoneyGram and recent integrations in remittances. On-chain metrics show 15% whale accumulation in the past week, per Nansen, suggesting confidence in a rebound. However, competition from Ripple (XRP) and potential regulatory hurdles under the incoming U.S. crypto bill could cap gains. X posts from traders like @CryptoCapo highlight the triangle as a “high-probability reversal setup,” with mentions of $0.35 as the next target if support holds. Overall, the pattern’s resolution could trigger a 15–20% rebound if buyers defend $0.29, though a broader altcoin correction tied to BTC’s $112,000 support looms as a risk.
Looking ahead, XLM’s November prediction averages $0.36–$0.39 (CoinGape, ChangeHero), with a potential high of $0.47 if the triangle breaks upward. Long-term, forecasts from Benzinga and CoinPedia see $1.09–$1.29 by 2030, driven by Stellar’s low-fee remittances and DeFi growth. For investors, monitor $0.29 support and daily closes above $0.3052 for confirmation. Dollar-cost average on dips with stop-losses below $0.28, diversifying into ETH or USDC to hedge volatility. With BTC at $113,000 and ETH at $4,070, a macro rebound could amplify XLM’s move, but patience is key amid uncertainty.
