XLM Price Under Siege as Retail Sellers Clash with Whale Longs

XLM's price has been stuck at $0.18 for some time, with momentum indicators running low and retail sellers dominating the market.

However, smart money - or whales - are quietly positioning long, which could lead to a stop-hunt squeeze if the price drops below $0.18.

The technical analysis of XLM's charts shows that it is currently trading below its 7-day SMA and above its 50-day SMA, indicating short-term selling pressure.

The Bollinger Band setup suggests that XLM is coiled and ready to expand its volatility, but the MACD histogram is flatlining, indicating a lack of momentum.

Additionally, the RSI is in the mid-50s, indicating neither bulls nor bears have control of the market.