{"id":10824,"date":"2026-07-16T11:34:23","date_gmt":"2026-07-16T11:34:23","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=10824"},"modified":"2026-07-16T11:34:23","modified_gmt":"2026-07-16T11:34:23","slug":"xlm-extends-recovery-amid-rising-open-interest","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=10824","title":{"rendered":"XLM extends recovery amid rising Open Interest"},"content":{"rendered":"<p><\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/07\/ChatGPT-Image-Jul-16-2026-11_42_30-AM-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/07\/ChatGPT-Image-Jul-16-2026-11_42_30-AM-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/07\/ChatGPT-Image-Jul-16-2026-11_42_30-AM-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/07\/ChatGPT-Image-Jul-16-2026-11_42_30-AM-smartcrop-363x181.png\" type=\"image\/jpeg\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/07\/ChatGPT-Image-Jul-16-2026-11_42_30-AM.png\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<h3><span style=\"font-weight: 400;\">TL;DR<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">XLM is trading higher on Thursday after defending key support levels earlier this week.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Rising Open Interest (OI) and positive funding rates suggest fresh capital is flowing into both markets.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">XLM remains below major resistance levels despite showing signs that bearish momentum is fading.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Stellar\u2019s XLM continues its recovery on Thursday, supported by improving derivatives metrics and stabilizing technical indicators after the cryptocurrency defended key support levels earlier in the week.<\/span><\/p>\n<h2>Open Interest climbs as traders return<\/h2>\n<p><span style=\"font-weight: 400;\">Derivatives data points to renewed confidence among market participants. According to <\/span><span style=\"font-weight: 400;\">CoinGlass<\/span><span style=\"font-weight: 400;\">, XLM Open Interest climbed from $153 million on Monday to around $195 million, up 25% in the last 24 hours.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The simultaneous rise in prices and Open Interest suggests fresh capital is entering the market rather than traders simply closing positions. This typically signals strengthening conviction behind the current recovery.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Market sentiment has also improved across perpetual futures markets. XLM recorded positive funding rates after turning positive on Tuesday.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Positive funding rates indicate that traders holding long positions are paying a premium to maintain their exposure, reflecting growing bullish sentiment.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While derivatives indicators have strengthened, on-chain metrics paint a mixed picture. CryptoQuant indicates that XLM continues to experience selling-side dominance across both spot and derivatives markets, suggesting larger traders remain hesitant despite the recent rebound.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This imbalance could limit the pace of any sustained upside move.<\/span><\/p>\n<h2>XLM technical analysis: Recovery faces multiple technical barriers<\/h2>\n<p><span style=\"font-weight: 400;\">Stellar traded around $0.189 on Thursday after bouncing from support near $0.177.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, XLM continues to trade below the 50-day EMA at $0.190 and the 200-day EMA at $0.196<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The token is currently hovering just above its 100-day EMA at $0.187, providing immediate support.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Momentum indicators suggest buyers are gradually returning but remain cautious. The RSI is near 49, reflecting neutral momentum without a clear bullish bias.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, the MACD remains slightly below zero, indicating bearish pressure has weakened but has not fully disappeared.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the rally persists, the first major resistance lies at the 50-day EMA of $0.190. A decisive break above this level will expose higher hurdles at $0.196 (200-day EMA) and $0.218.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A sustained move above $0.200 would strengthen the case for a broader recovery.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, if the bearish trend resumes, the bulls would need to instantly defend the $0.187 support level.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Failure to defend this support could see XLM retest lower demand zones at $0.177 and $0.142 in the near term.\u00a0<\/span><\/p>\n<p><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-365630\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/07\/XLMUSD_2026-07-16_11-41-28.png\" alt=\"XLM\/USD 4H Chart\" width=\"1793\" height=\"835\"\/><\/p>\n<p><span style=\"font-weight: 400;\">XLM is showing encouraging signs of recovery as derivatives activity strengthens and funding rates turn positive.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, XLM continues to face heavier selling pressure from larger market participants.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>Analysis,Stellar#XLM #extends #recovery #rising #Open #Interest1784201663<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR XLM is trading higher on Thursday after defending key support levels earlier this week. Rising Open Interest (OI) and positive funding rates suggest fresh capital is flowing into both markets. XLM remains below major resistance levels despite showing signs that bearish momentum is fading. Stellar\u2019s XLM continues its recovery on Thursday, supported by improving<\/p>\n","protected":false},"author":1,"featured_media":10825,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-10824","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eurozone"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>XLM extends recovery amid rising Open Interest - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Stellar&#039;s XLM extends its recovery in the near term as Open Interest rises and funding rates turn positive.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=10824\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XLM extends recovery amid rising Open Interest\" \/>\n<meta property=\"og:description\" content=\"Stellar&#039;s XLM extends its recovery in the near term as Open Interest rises and funding rates turn positive.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=10824\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-16T11:34:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/07\/ChatGPT-Image-Jul-16-2026-11_42_30-AM.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1448\" \/>\n\t<meta property=\"og:image:height\" content=\"1086\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10824\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=10824\",\"name\":\"XLM extends recovery amid rising Open Interest - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10824#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10824#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/07\/ChatGPT-Image-Jul-16-2026-11_42_30-AM.png\",\"datePublished\":\"2026-07-16T11:34:23+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"Stellar&#039;s XLM extends its recovery in the near term as Open Interest rises and funding rates turn positive.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10824#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=10824\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10824#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/07\/ChatGPT-Image-Jul-16-2026-11_42_30-AM.png\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/07\/ChatGPT-Image-Jul-16-2026-11_42_30-AM.png\",\"width\":1448,\"height\":1086},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10824#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"XLM extends recovery amid rising Open Interest\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; 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