XLM Technical Analysis Feb 4
The post XLM Technical Analysis Feb 4 appeared on BitcoinEthereumNews.com.
XLM is stuck at the 0.18$ level and positioned near critical supports within a downtrend. Despite RSI at 29.89 being in the oversold region, rejections at resistances could trigger a decline. Current Price Position and Critical Levels XLM is trading at the 0.18$ level with a slight 0.23% increase over the last 24 hours, but the overall structure remains dominated by a downtrend. The price continues to stay below EMA20 (0.20$) and the Supertrend indicator is giving a bearish signal, pointing to 0.21$ as resistance. A total of 12 strong levels were detected across 1D, 3D, and 1W timeframes: 2 supports/3 resistances on 1D, 2 supports/1 resistance on 3D, 1 support/4 resistance confluence on 1W. This multi-timeframe (MTF) alignment increases the strength of the levels. Volume is low at 102.10M$, indicating that big players are waiting for liquidity hunts. The price is in a narrow consolidation between 0.17$-0.18$; the breakout direction will determine the trend. Support Levels: Buyer Zones Primary Support The strongest support level is at 0.1655$ (score: 79/100), prominently appearing as an order block on 1D and 3D timeframes. This level has been tested three times in recent weeks and rejected each time with strong buying volume; for example, it forms a 20% demand zone on the 1W chart. MTF confluence is high: it overlaps with EMA50 (around 0.166$), and has held multiple times in the past as a Fibonacci 0.618 retracement level. Volume profile is concentrated here, a region where institutional buyers accumulate liquidity for stop-loss hunts. A break below this level could lead to a downside target of 0.0941$ (R/R ratio around 1:4). Secondary Support and Stop Levels Secondary support at 0.1747$ (score: 68/100) stands out as a short-term supply/demand transition. It is the swing low of the recent decline on the 1D chart and a…
Filed under: News - @ February 4, 2026 6:28 am