XLM crypto drops 16% in 30 days as selling pressure points to further losses

Stellar [XLM] is down 16% over the past month and down 3.2% over the past week. The altcoin has been making a series of lower highs on the price charts since July 2025.

This downtrend was broken by a swift price surge in late May. The rally reached a local high of $0.297 by May 30, but the XLM crypto has sunk back into a bearish phase.

This spot CVD metric from CryptoQuant measures the cumulative buying and selling over 3 months. It has been negative since June, meaning that aggressive sellers dominated the spot market.

It does not bode well for holders, even though the swing structure of XLM crypto was bullish.

May rally keeps Stellar structure bullish

The Stellar-DTCC partnership news in late May sparked a strong upward move, but it has not been sustained. The sell-off saw XLM crypto prices fall below the 78.6% retracement level at $0.173.

Yet, the swing structure is bullish. Hope of a reversal appeared slim, based on the evidence at hand.

The CMF on the daily timeframe was steadily below -0.05 in August to reflect sizeable capital flow out of the market. The MFI was hovering around 20 to show extreme downward momentum and lack of buying pressure.

It appeared likely that the $0.139 support would be tested in the coming weeks.