The team at Scopuly, a well-known Stellar wallet platform, recently posted an alert on X that caught the attention of the crypto community. According to them, Stellar (XLM) price has just dipped below its 10-day moving average, a level that had served as a key support during July’s rally.
With XLM now down 6% on today and 8% for the week, the drop has raised fresh concerns, but also opened up debate about what comes next.
Scopuly Flags Drop in Stellar Price
In their post, Scopuly posed the question many traders are now asking: is this dip a danger sign or a fresh opportunity? The XLM price is now around $0.43, and the loss of short-term support has sparked contrasting views among analysts.
Crypto researcher Javon Marks weighed in, noting that the current setup reminds him of Stellar’s 2015 to 2018 cycle. That cycle eventually led to a breakout, and Marks believes a similar move could happen again. He has suggested that the XLM price could see a potential 80% rally to around $0.79, and even mentioned a possible long-term target near $8 if the trend plays out.
But others are watching with more caution. Legendary chartist Peter Brandt offered a different view, saying that XLM must hold above $0.22 and break past $1 before any true bull run can begin. Until then, he believes the price remains under pressure.
🚨 $XLM Price Action: Danger or Opportunity? 🚨
Stellar (XLM) just dipped below its 10-day moving average 📉 — a key support during July’s rally. Price currently sits at $0.43, down 6% today and 8% this week.
⚠️ Some are calling this a warning sign… but others see history… pic.twitter.com/PhGd5eBuyk
— Scopuly – Stellar Wallet (@scopuly) July 29, 2025
Scopuly and Analysts Highlight Key XLM Levels
In the same X post, Scopuly urged the community to watch the $0.42 to $0.45 zone very closely. This is now seen as a decision point. If XLM can regain strength and push past $0.45 with strong buying volume, a bounce to $0.50 might follow.
But not all signals are bullish. The BBP indicator has turned red, showing that sellers are currently in control. Unless the bulls respond quickly, XLM price may face more downside. Still, Scopuly believes that the short-term fear might be masking long-term potential.
They noted that while price action looks weak today, the overall structure could still support a major rebound — especially if historical patterns continue to repeat. The fact that the dip is happening near a key zone only adds to the tension.
Scopuly Says XLM at a Crossroads
With all eyes on this level, the Stellar community is split. On one side, you have Javon Marks, who sees this as a classic accumulation phase before a major move higher. On the other, Peter Brandt is calling for more confirmation before labeling anything a bull run.
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But it’s Scopuly’s post that may have sparked the most attention. They framed the current price dip as both a possible warning and a potential repeat of past cycles. Their analysis reminds traders that XLM has made moves like this before — and come back even stronger.
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