Stellar Price Tests $0.15 as XLM Long Liquidations Mount

XLM’s daily structure remains bearish, with $0.150 emerging as the immediate level separating stabilization from another potential decline. Negative funding and long-heavy liquidations indicate pressure on leveraged buyers, although account positioning remains skewed toward longs. A recovery above $0.170 would challenge the short-term downtrend, while the major moving-average cluster presents a more demanding reversal threshold. Stellar’s XLM approached $0.15 on November 6 after a prolonged decline, with derivatives data pointing to growing pressure on leveraged buyers as the token struggled to defend its latest support area. At the time of writing XLM trades at $0.154 on Coinbase, approximately 34% below its late-September high. The decline has unfolded through successive lower highs, suggesting that the latest market-wide selloff intensified an existing downtrend rather than initiating it. The broader retreat in technology stocks and cryptocurrencies has weakened risk appetite, but the clearest evidence of XLM’s immediate vulnerability comes from its daily price structure and derivatives positioning. XLM Technical Analysis: The $0.15 Support Test XLM recently broke below a descending support line connecting its late-October and early-November lows. The November 6 session produced an intraday low near $0.152 before buyers attempted a modest recovery. Stellar tests critical support near $0.15 as its downtrend persists. Chart: Alexander Zdravkov/TradingView. The token remains below its 50-day, 100-day and 200-day simple moving averages. Those indicators form an overhead resistance cluster, leaving considerable distance between the current price and a meaningful recovery of the broader trend. Momentum provides little evidence of an established reversal. The 14-day Relative Strength Index stood at 34.58, below its signal average of 36.24, with no confirmed bullish divergence visible on the supplied chart. The immediate issue is whether buyers can defend the horizontal support area that previously attracted demand in August. A daily close below $0.150 would establish a fresh local low. However, a temporary breach followed by a recovery above that threshold would carry a different interpretation, potentially indicating that sellers failed to sustain the breakdown. XLM Price Scenarios The following levels distinguish a short-term recovery from a more substantial change in market structure. STELLAR / XLM/USD Three Price Scenarios Daily chart · November 6, 2026 BEARISH BREAKDOWN Below $0.150 Trigger: A confirmed daily close below support. Next reference: $0.140, an illustrative downside level rather than verified historical demand. Approx. downside from $0.154881: 9.6% INITIAL RECOVERY Above $0.170 Trigger: A daily close above nearby lower-high resistance. Implication: Weakens the immediate bearish structure without confirming a broader reversal. Approx. upside from $0.154881: 9.8% STRONGER REVERSAL $0.183–$0.191 Trigger: Price reclaims the major moving-average resistance cluster. Implication: Improves the broader trend structure, subject to a successful retest. Approx. upside to $0.183: 18.2% Source: TradingView, Coinbase XLM/USD daily chart, November 6, 2026, 15:02 UTC. Percentage distances use $0.154881 as the reference price.