Latest Stellar (XLM) Price Analysis

By CMC AI
10 February 2026 03:33AM (UTC+0)

Why is XLM’s price down today? (10/02/2026)

TLDR

Stellar is down 2.21% to $0.158 in 24h, underperforming a broadly weaker crypto market primarily driven by macro-driven risk-off sentiment. It shows a strong correlation (89%) with the S&P 500, indicating a rates/dollar-driven move.

  1. Primary reason: Broader market sell-off, as Bitcoin fell 1.76% and total crypto market cap dropped 1.16% amid extreme fear sentiment.

  2. Secondary reasons: Weak altcoin rotation, with capital staying defensive as Bitcoin dominance holds near 58.6%, and bearish technical structure below key moving averages.

  3. Near-term market outlook: If XLM holds above the critical $0.1564 support, a rebound toward $0.1624 is possible; a break below risks a drop toward $0.15. Watch for a shift in Bitcoin momentum as the key trigger.

Deep Dive

1. Macro-Driven Market Sell-Off

The drop aligns with a broader crypto downturn where Bitcoin lost 1.76%. The CMC Fear & Greed Index sits at 10 (“Extreme Fear”), and the total crypto market cap fell 1.16% to $2.37T. High 24h correlation (0.89) with the S&P 500 ETF (SPY) points to traditional market risk-off flows driving the move.

What it means: XLM’s decline is not coin-specific but part of a macro-sensitive sell-off where crypto assets traded like risk assets.

Watch for: A stabilization in Bitcoin above $69,000 to relieve pressure on alts.

2. Weak Altcoin Rotation & Technical Pressure

The Altcoin Season Index is low at 26, signaling “Bitcoin Season” as capital remains defensive. Technically, XLM trades below its 7-day ($0.1603) and 200-day ($0.1662) Simple Moving Averages, confirming a bearish near-term structure. The RSI at 47.88 shows no oversold bounce yet.

What it means: Lack of rotational buying into alts and weak technical momentum amplified XLM’s downside.

Watch for: A sustained rise in the Altcoin Season Index above 50 to signal risk-on capital returning.

3. Near-term Market Outlook

Overview: The immediate trigger is Bitcoin’s direction. XLM’s key support is the recent swing low at $0.1564; resistance sits at the 23.6% Fibonacci retracement level of $0.1624. If Bitcoin finds a bid and XLM holds $0.1564, a retest of $0.1624 is likely. A break below support could see a quick drop toward $0.15.

What it means: The path of least resistance is sideways to down unless broader market sentiment improves.

Watch for: A daily close above $0.1624 to signal short-term bullish reversal potential.

Conclusion

Market Outlook: Bearish Pressure XLM’s drop is a function of macro risk-off flows and weak altcoin rotation, not a fundamental breakdown. The recent CME futures launch provides a positive structural backdrop, but price needs to stabilize with the broader market first.

Key watch: Can XLM defend the $0.1564 support level on a daily closing basis, and will Bitcoin dominance start to decline to allow altcoins room to breathe?

Why is XLM’s price up today? (08/02/2026)

TLDR

Stellar is up 1.69% to $0.164 in 24h, a modest move that underperformed Bitcoin's +4.32% rally. The rise appears primarily driven by beta, as it followed the broader market's recovery amid extreme fear sentiment. No clear coin-specific catalyst was visible in the provided data.

  1. Primary reason: Beta-driven move, tracking Bitcoin's rally in a macro-sensitive market.

  2. Secondary reasons: Oversold technical bounce and low-volume drift, lacking strong conviction.

  3. Near-term market outlook: If XLM holds above the daily pivot at $0.1608, a test of the 61.8% Fibonacci resistance near $0.179 is possible. A break below $0.160 risks a retest of the recent low near $0.138.

Deep Dive

1. Beta-Driven Move Following Bitcoin

Overview: The total crypto market cap rose 2.98% in 24h, led by Bitcoin's +4.32% gain. Stellar's +1.69% move is directionally aligned but underperforms, indicating it's riding broader market beta rather than generating independent alpha. The rally occurred despite the CMC Fear & Greed Index reading "Extreme Fear" at 8, suggesting a tentative relief bounce.

What it means: XLM's price action is currently tethered to macro crypto flows, not its own fundamentals.

Watch for: Bitcoin's ability to sustain above $71,500; a reversal would likely pull XLM down.

2. Oversold Bounce Amid Low Conviction

Overview: XLM's RSI-14 is at 32.8, near oversold territory, which can invite short-term buying. However, 24h volume fell 47.7% to $94.9M, indicating weak participation. Social sentiment is neutral (net score 4.49/10), with top posts highlighting the downtrend and oversold conditions (Cryptollica, zainhaider332).

What it means: The uptick lacks strong volume confirmation, making it fragile.

3. Near-term Market Outlook

Overview: The immediate structure hinges on the daily pivot at $0.1608. Holding above it could fuel a move toward the first key Fibonacci resistance at $0.1794 (61.8% retracement). The dominant trend remains bearish, with price below all major moving averages (7-day SMA at $0.1675). A breakdown below $0.160 support risks a swift drop toward the recent swing low of $0.138.

What it means: The path of least resistance is still down, but oversold conditions allow for counter-trend bounces.

Watch for: Volume expansion on any breakout above $0.1675 to confirm a stronger reversal attempt.

Conclusion

Market Outlook: Neutral to Cautious The 24h gain is a low-conviction, beta-driven bounce within a persistent downtrend. For a sustained recovery, XLM needs to reclaim higher technical levels with significant volume.

Key watch: Can XLM close above the 7-day simple moving average at $0.1675 with volume exceeding $150M to signal a potential trend shift?

CMC AI can make mistakes. Not financial advice.