Once upon a time, Stellar (XLM) was strutting its stuff, rallying a jaw-dropping 77% in July. But oh dear, the last week’s been a different story—more like a stumble, with nearly 10% wiped out. The charts? Less like a victory parade and more like a soggy sandwich.
On the sneaky double-day chart, XLM pretended to break out of a bull flag—a fancy pattern that usually promises more sparkling rises. But then, the candles turned redder than a cherry lolly, and everyone’s getting the jitters. Without fresh buyers jumping in, this breakout might be just a birthday cake left out in the rain.
Net Flows: The Only Breeze Is Turning Breezy—And Not in a Good Way
Once upon a time, coins were fleeing the exchanges faster than kids running from bedtime. This made supply scarce and pumped up the price. Thanks, folks! But now? That retreating cheer has slowed down to a snail’s pace, turning net outflows into a tepid trickle. Looks like the big players have gone on holiday and aren’t splurging anymore, leaving the breakout with a shy little support, much like a shy puppy at a party.
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Weak Money Flows: The Plot Thickens (or Thins Out?)
The two-day volume data? Ah, it’s about as exciting as watching paint dry. The On-Balance Volume (OBV)—a fancy pointer that tracks whether money is coming or going—has been sliding downhill. Apparently, the big whales aren’t diving into the pool with conviction, more like tiptoeing around.
And the Chaikin Money Flow? Once happily floating around 0.35, it’s now chilling at 0.12. That’s right—demand is softer than a marshmallow in a microwave, and the money’s not really fresh or eager.
All in all, it looks like the breakout’s got more fluff than substance—sort of like a balloon before it pops.
Above the Flag… For Now. But Watch Your Step!
Right now, XLM is still nudging above that flag’s line—about $0.41. But beware! Drop below that, and it’s like falling into a puddle—soggy and disappointing. Bungle all the way down to $0.35, and poof—almost half that shiny 133% rally vanishes. Bye-bye, breakout! Who knew breaking out could be so nerve-wracking?
If the bulls want a fancy comeback, they better push XLM above $0.47 and bring in the big guns—more inflows, more volume, maybe even a parade. Otherwise? Well, this breakout could turn into yet another “what might have been” story, and nobody wants a disaster on their dashboard, do they?
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2025-07-30 23:56