$XLM 🟢 Hammer at Bottom – XLM Showing Early Reversal Signals 🟢

XLM is printing a textbook hammer candle at the bottom of its recent decline, signaling that the worst of the selling pressure may be behind it. After an extended downtrend that pushed price into oversold territory, today’s session has left a long lower wick and a strong close near the top of the candle range—a classic pattern that shows buyers stepping in decisively to absorb supply.

Volume surged as the hammer formed, confirming that this wasn’t a passive bounce but active accumulation by traders and possibly larger investors positioning for a reversal. Each dip into support has been met with fresh bids, leaving consistent signs that demand is quietly re-emerging.

Fundamentally, XLM remains supported by strong development activity and steady partnerships in the payments space, which help maintain investor confidence even during deep pullbacks. This supportive backdrop reinforces the view that the hammer could mark the beginning of a more meaningful recovery.

The next critical zone to watch is the immediate resistance overhead, where price previously failed to hold rallies. A clean breakout above that level—especially with expanding volume—would confirm that buyers are regaining control and set the stage for a broader move higher. Even if price consolidates a bit longer, the presence of the hammer at this level suggests sellers are losing their grip.

Right now, the message is clear: XLM has printed a strong hammer at the bottom, showing early signs that a reversal is brewing. Keep this setup on your radar—momentum could build quickly if buyers follow through.