Crypto’s Down But Not Out! Stellar’s WILD 115% Surge 🤠

by

Well now, Stellar (which they call XLM for reasons known only to God and a confused marketing man) has taken a slight tumble, about two percent in the last day. A pittance! The sort of decline that wouldn’t trouble a man with a strong constitution and a weak memory. But lo, the investors, a stubborn and optimistic breed, are puffing their chests out like a proud rooster, all on account of the trading volume, which has shot up like a rocket full of firecrackers-some 115% to a whopping $402 million. It seems folks are buyin’ the dip with the fervor of a gold rusher buyin’ a pickaxe.

Blame It On The Big Dog, Bitcoin

This volume shift, you see, is a bullish signal, or so the wise men with their charts and numbers tell me. It suggests a rebound is as likely as a politician making a promise. The coin itself got a bit above its station, tryin’ to bust through $0.42, but was promptly put back in its place. It’s been on a right proper roller coaster, from a high of $0.4235 down to a low of $0.389. But that volume spike is like a good strong cup of coffee; it’s startin’ to wake the thing up. As I write this, it’s sittin’ at $0.3961, which is still down, but you have to squint to see it.

And who’s the villain of this piece? Why, Bitcoin dominance, of course! It rose to 57.4%, which is a fancy way of sayin’ all the money got scared and ran back to its papa. The whole market got the jitters, though the so-called “Fear and Greed Index” apparently just shrugged its shoulders and said, “Meh.” 🤷‍♂️

Now, there’s a thing called the Relative Strength Index sittin’ at 48.19, which to my eye looks like there’s plenty of room to run before this horse gets tired. If it can just dodge the general madness of the cryptoverse, this coin might just get some air under its wings.

Big Money Likes It, and So Does Its Rival’s Trouble

Earlier this week, Stellar went and confirmed a “golden cross,” which sounds like something a preacher would warn you about, but is apparently a very good thing. It could send the price struttin’ up towards $0.60, provided it can kick that $0.50 resistance level in the shins first.

And let’s not forget its rival, XRP. Stellar got a nice 16% bump recently, not by doin’ anything particularly clever, mind you, but because its competitor, Ripple, finally got out of a tangle with the SEC. Nothing makes you look better than your enemy’s misfortune! 😉 The end of that legal squabble was clarification enough to make folks bullish.

So now everyone’s sittin’ around, anticipatin’ that big institutions will take a fancy to XLM. They’re waitin’ for the big money to come in, the way a hungry man waits for a dinner bell.

Crypto’s Down But Not Out! Stellar’s WILD 115% Surge 🤠

Read More

2025-08-25 19:43