XLM Price Divergence: Smart Money Buys While Retail Sells
XLM has been stuck at $0.18 for the past few days after experiencing a 3.91% drop in price, leaving its momentum effectively dead and sitting on its Bollinger Band floor.
However, despite the bearish technical picture, smart money is quietly accumulating long positions with top trader positioning showing 51.9% net long at a 1.08 ratio, diverging sharply from the retail crowd's short position.
The open interest surged by 9.68% over the last 24 hours, indicating new money entering the market and leaning towards long positions.
Analyst forecasts from earlier this year have aged poorly, with MEXC's January range of $0.204-$0.270 and CoinCodex's $0.2415 target not being reached by XLM.