Stellar’s XLM token slipped 1.75% over the past 24 hours, falling from $0.41 to $0.40 as volatility picked up across the market. The trading range widened to 4.32% during the period, with a sharp selloff at 03:00 UTC on Aug. 19 driving volumes to 52.17 million — more than double the daily average. The move cemented resistance at $0.41 while leaving a narrow support band in the $0.403–$0.405 range.

The pressure intensified into the session’s close, with XLM sliding from $0.407 to $0.403 between 13:25 and 14:24 UTC. Selling was heaviest in the 13:30–13:46 window, when the token dropped from $0.410 to $0.404 on unusually high per-minute volumes. That action reinforced new resistance at $0.410 while further weakening support at $0.403–$0.405.

The latest downturn comes as broader crypto marke

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