Stellar Tumbles 16% in 30 Days Amid Persistent Selling Pressure

The Stellar [$XLM] cryptocurrency has been experiencing a downtrend since July 2025, with its price making a series of lower highs on the charts. The altcoin's value dropped 16% over the past month and 3.2% in the last week. This downward trend was briefly interrupted by a surge in late May, but it did not lead to sustained gains.

The Stellar-DTCC partnership news sparked a rally that reached a local high of $0.297 on May 30, but prices have since fallen below the 78.6% retracement level at $0.173. Despite this decline, the swing structure of XLM remains bullish due to its price action following the DTCC partnership news.

CryptoQuant's spot CVD metric has been negative since June, indicating that aggressive sellers have dominated the market over the past three months. The metric measures cumulative buying and selling, with a negative value signifying more selling activity than buying. This suggests that holders may be in for further losses as prices are likely to fall towards the $0.139 support.