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Stellar's XLM falls below $0.20 amid weak momentum despite recent network upgrades.

Technical Signals
08 Oct 2026
Crypto Daily
View Source
Bearish
Stellar's XLM falls below $0.20 amid weak momentum despite recent network upgrades.

Stellar's cryptocurrency XLM dropped about 13.1% over seven days, trading near $0.1980 and falling below the key $0.20 level. This decline happened despite recent institutional developments like the launch of the State Street Galaxy Onchain Liquidity Sweep Fund and BVNK's expanded stablecoin integration with Stellar. Technical indicators such as RSI and MACD show weak momentum and sell signals, with declining trading volume suggesting limited buying interest. The immediate focus is on whether XLM can hold support at $0.1970 and recover above $0.20 to reverse the bearish trend, or if further declines toward $0.1810 are likely.

XLM (Stellar) trades at Rp3.610 on Pluang as of Oct 08, 2026 17:02 WIB, down 1.26% in one day. The market cap stands at Rp125,01 trillion with a 24-hour volume of Rp3,65 trillion. Most Pluang users hold XLM for about 84 days, with 96% placing buy orders and 4% sell orders, showing strong buying interest despite recent price weakness.

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