Stellar (XLM) Price Still at Risk, but Reversal Setup Is Brewing
The post Stellar (XLM) Price Still at Risk, but Reversal Setup Is Brewing appeared on BitcoinEthereumNews.com.
Stellar (XLM) price action remains uncertain after its blistering 89% monthly rally. While broader market optimism holds, XLM has slipped nearly 7% over the past week and is now trading around $0.45. The correction might not be over, but some early technical signals suggest a reversal setup could be forming beneath the surface. Bullish Pressure Slowly Returns as Bears Lose Edge One of the first signs of a shift comes from the Bull-Bear Power (BBP) indicator, a tool that captures the ongoing tug-of-war between buying and selling momentum. After a couple of days of bearish strength, BBP has just crossed into positive territory. While the bulls haven’t taken over convincingly, this flip shows that downside momentum may be weakening. Sellers no longer have full command, and the slow reappearance of buyer dominance could be the first stage of a price action reversal. XLM reversal signs as bulls come back: TradingView The BBP indicator, which measures the difference between price highs and EMA values, helps highlight these momentum inflection points. A bullish shift here doesn’t confirm an XLM price rally, but it flags a possible change in short-term structure, especially when paired with other metrics. For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. 4H Chart Hints at Incoming EMA Crossover Short-term trends often surface first on lower timeframes, and Stellar (XLM)’s 4-hour chart shows a potentially critical development. The 20-period Exponential Moving Average (EMA), the blue line, is inching closer to the 50-period EMA (orange line), teasing a bullish crossover that could attract fast-moving traders. XLM price and EMA crossover: TradingView Such a crossover typically signals a shift in directional momentum, especially after an extended correction. With the 20-EMA currently around $0.44 and nudging against the 50-EMA, the…
