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Stellar XLM before price slide: Analyst warns of 15% risk of loss!
Stellar (XLM) could face a 15% correction as interest declines and a death cross pattern appears.
Stellar XLM before price slide: Analyst warns of 15% risk of loss!
On November 5, 2025, Stellar currency (XLM) broke a descending channel pattern to the downside after two days of losses. The current decline is accompanied by a new Death Cross pattern on the daily chart, putting markets on alert. Analyst Peter Brandt warns of potential further losses and highlights a pattern breakout that indicates worsening market conditions. According to FXStreet, retail interest in Stellar is waning, consistent with the overall bearish trend in the cryptocurrency market.
In recent days, CoinGlass data has also been alarming. The drop in XLM futures open interest (OI) to $118.98 million was last observed in mid-April. This decline suggests that traders are withdrawing capital and reducing leverage or being forced to liquidate their positions. Brandt points to a descending triangle on the daily chart, which is a continuation of a larger triangle that was broken in early October. While brandt does not provide a specific price target, his chart analysis suggests an increase in bearish trend momentum, supported by a rising Average Directional Index (ADX) of 37.
Market analysis and technical indicators
Stellar price was above $0.2700 at the time of the report and had gained more than 1% the day before. However, despite this minor recovery, the decline in prices could risk a correction to the $0.2200 support zone. Brandt also points out that on Monday the 50-day Exponential Moving Average (EMA) crossed over the 200-day EMA. This Death Cross signal indicates a potential trend change.
Other technical indicators also show that selling pressure in the market continues. The Relative Strength Index (RSI) is at 30, indicating strong selling pressure, while the Moving Average Convergence Divergence (MACD) indicates a downtrend below the signal line, confirming the increase in bearish momentum. Brandt notes that a return above the June 11 high at $0.2851 could potentially trigger a rally to the psychological level of $0.3000.
The situation for Stellar remains tense and investors are closely monitoring developments. The combination of declining interest and bearish indicators could have a serious impact on the cryptocurrency’s price action.