The post Consolidation in Tight Range After Early Volatility appeared on BitcoinEthereumNews.com. Stellar’s XLM token reversed sharply on Oct. 3 after briefly testing new highs. The token rose to $0.4041 in afternoon trading, but heavy selling after 14:00 UTC dragged it back to $0.4015, erasing earlier gains. Volumes spiked during the sell-off, with more than 1.4 million tokens traded in a single minute, signaling institutional selling at resistance and raising the risk of further downside. The move comes as Bitcoin.com Wallet integrated Stellar and its DeFi protocols, expanding XLM’s payments reach. Seasonal trends may provide support, with October historically a strong month for crypto, though near-term pressure remains. XLM/USD (TradingView) Technical Indicators Summary Volume analysis revealed increased activity during initial advance with exceptionally strong selling volume exceeding 1.4 million during the 14:00-14:01 timeframe. Resistance formed around $0.41-$0.41 zone where price repeatedly encountered selling pressure. Support levels identified near $0.40-$0.40 where buying interest materialized multiple times. Consolidation formation developed between $0.40-$0.40 indicating potential accumulation. Bearish reversal pattern validated by institutional distribution at session peaks. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy. Source: https://www.coindesk.com/markets/2025/10/03/xlm-consolidates-in-tight-range-after-early-volatilityThe post Consolidation in Tight Range After Early Volatility appeared on BitcoinEthereumNews.com. Stellar’s XLM token reversed sharply on Oct. 3 after briefly testing new highs. The token rose to $0.4041 in afternoon trading, but heavy selling after 14:00 UTC dragged it back to $0.4015, erasing earlier gains. Volumes spiked during the sell-off, with more than 1.4 million tokens traded in a single minute, signaling institutional selling at resistance and raising the risk of further downside. The move comes as Bitcoin.com Wallet integrated Stellar and its DeFi protocols, expanding XLM’s payments reach. Seasonal trends may provide support, with October historically a strong month for crypto, though near-term pressure remains. XLM/USD (TradingView) Technical Indicators Summary Volume analysis revealed increased activity during initial advance with exceptionally strong selling volume exceeding 1.4 million during the 14:00-14:01 timeframe. Resistance formed around $0.41-$0.41 zone where price repeatedly encountered selling pressure. Support levels identified near $0.40-$0.40 where buying interest materialized multiple times. Consolidation formation developed between $0.40-$0.40 indicating potential accumulation. Bearish reversal pattern validated by institutional distribution at session peaks. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy. Source: https://www.coindesk.com/markets/2025/10/03/xlm-consolidates-in-tight-range-after-early-volatility

Consolidation in Tight Range After Early Volatility

2025/10/04 13:17
1 min di lettura
Per feedback o dubbi su questo contenuto, contattateci all'indirizzo crypto.news@mexc.com.

Stellar’s XLM token reversed sharply on Oct. 3 after briefly testing new highs. The token rose to $0.4041 in afternoon trading, but heavy selling after 14:00 UTC dragged it back to $0.4015, erasing earlier gains.

Volumes spiked during the sell-off, with more than 1.4 million tokens traded in a single minute, signaling institutional selling at resistance and raising the risk of further downside.

The move comes as Bitcoin.com Wallet integrated Stellar and its DeFi protocols, expanding XLM’s payments reach. Seasonal trends may provide support, with October historically a strong month for crypto, though near-term pressure remains.

XLM/USD (TradingView)
Technical Indicators Summary
  • Volume analysis revealed increased activity during initial advance with exceptionally strong selling volume exceeding 1.4 million during the 14:00-14:01 timeframe.
  • Resistance formed around $0.41-$0.41 zone where price repeatedly encountered selling pressure.
  • Support levels identified near $0.40-$0.40 where buying interest materialized multiple times.
  • Consolidation formation developed between $0.40-$0.40 indicating potential accumulation.
  • Bearish reversal pattern validated by institutional distribution at session peaks.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.

Source: https://www.coindesk.com/markets/2025/10/03/xlm-consolidates-in-tight-range-after-early-volatility

Opportunità di mercato
Logo Stellar
Valore Stellar (XLM)
$0.1507
$0.1507$0.1507
+0.33%
USD
Grafico dei prezzi in tempo reale di Stellar (XLM)
Disclaimer: gli articoli ripubblicati su questo sito provengono da piattaforme pubbliche e sono forniti esclusivamente a scopo informativo. Non riflettono necessariamente le opinioni di MEXC. Tutti i diritti rimangono agli autori originali. Se ritieni che un contenuto violi i diritti di terze parti, contatta crypto.news@mexc.com per la rimozione. MEXC non fornisce alcuna garanzia in merito all'accuratezza, completezza o tempestività del contenuto e non è responsabile per eventuali azioni intraprese sulla base delle informazioni fornite. Il contenuto non costituisce consulenza finanziaria, legale o professionale di altro tipo, né deve essere considerato una raccomandazione o un'approvazione da parte di MEXC.

Potrebbe anche piacerti

U.S. Treasury Recognizes Legitimate Uses for Crypto Mixers, Proposes “Hold Law” for Suspicious Assets

U.S. Treasury Recognizes Legitimate Uses for Crypto Mixers, Proposes “Hold Law” for Suspicious Assets

Bitcoin Magazine U.S. Treasury Recognizes Legitimate Uses for Crypto Mixers, Proposes “Hold Law” for Suspicious Assets The U.S. Treasury Department told Congress
Condividi
bitcoinmagazine2026/03/09 22:29
SEC Approves Generic Listing Standards for Crypto ETFs

SEC Approves Generic Listing Standards for Crypto ETFs

In a bombshell filing, the SEC is prepared to allow generic listing standards for crypto ETFs. This would permit ETF listings without a specific case-by-case approval process. The filing’s language rests on cryptoassets that are commodities, not securities. However, the Commission is reclassifying many such assets, theoretically enabling an XRP ETF alongside many other new products. Why Generic Listing Standards Matter The SEC has been tacitly approving new crypto ETFs like XRP and DOGE-based products, but there hasn’t been an unambiguously clear signal of greater acceptance. Huge waves of altcoin ETF filings keep reaching the Commission, but there hasn’t been a corresponding show of confidence. Until today, that is, as the SEC just took a sweeping measure to approve generic listing standards for crypto ETFs: “[Several leading exchanges] filed with the SEC proposed rule changes to adopt generic listing standards for Commodity-Based Trust Shares. Each of the foregoing proposed rule changes… were subject to notice and comment. This order approves the Proposals on an accelerated basis,” the SEC’s filing claimed. The proposals came from the Nasdaq, CBOE, and NYSE Arca, which all the ETF issuers have been using to funnel their proposals. In other words, this decision on generic listing standards could genuinely transform crypto ETF approvals. A New Era for Crypto ETFs Specifically, these new standards would allow issuers to tailor-make compliant crypto ETF proposals. If these filings meet all the Commission’s criteria, the underlying ETFs could trade on the market without direct SEC approval. This would remove a huge bottleneck in the coveted ETF creation process. “By approving these generic listing standards, we are ensuring that our capital markets remain the best place in the world to engage in the cutting-edge innovation of digital assets. This approval helps to maximize investor choice and foster innovation by streamlining the listing process,” SEC Chair Paul Atkins claimed in a press release. The SEC has already been working on a streamlined approval process for crypto ETFs, but these generic listing standards could accomplish the task. This rule change would rely on considering tokens as commodities instead of securities, but federal regulators have been reclassifying assets like XRP. If these standards work as advertised, ETFs based on XRP, Solana, and many other cryptos could be coming very soon. This quiet announcement may have huge implications.
Condividi
Coinstats2025/09/18 06:14
Strategy returns to strong weekly buying with 17,994 BTC

Strategy returns to strong weekly buying with 17,994 BTC

The post Strategy returns to strong weekly buying with 17,994 BTC appeared on BitcoinEthereumNews.com. Strategy performed its biggest weekly purchase since January
Condividi
BitcoinEthereumNews2026/03/09 21:47