The post XLM Price Prediction For April 9 appeared first on Coinpedia Fintech News
After a 6% price decline, XLM, the native token of Stellar, has begun heading toward its next support level. As of today, April 9, 2025, the market appears to be continuing its downward trend, as the tariff war between the United States and other countries shows no sign of ending soon.
XLM Price Action and Its Key Levels
Amid the bearish market sentiment, the XLM price prediction has become a key topic of discussion. According to expert technical analysis, the asset has been moving within a falling wedge pattern on the daily time frame. With the recent price drop, XLM has failed to hold its key support level of $0.23 and is now heading toward the lower boundary of the pattern.
Source: Trading View
Historically, this support level has acted as a zone for price reversals or rebounds. However, after failing to hold this level, XLM could decline by 16% and reach the next support level at $0.19 i
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