Stellar (XLM) Signals Bullish Trend with Resistance Test at $0.386
Stellar (XLM) has shown a bullish signal, breaking weeks of sideways trading. The SuperTrend indicator has turned bullish for the first
time since late August.
- XLM faces resistance at $0.386, where sellers have previously pushed back.
- The support level is now established at $0.363, indicating stronger accumulation.
- Volume is increasing, suggesting traders expect lasting movement rather than a temporary bounce.
Market Factors Influencing Stellar
- The overall stabilization in the crypto market supports altcoins like XLM.
- Accumulation patterns indicate larger wallets are entering the market.
- The MACD has turned positive; RSI remains neutral at 48, allowing room for gains.
- A break above $0.386 could target higher levels at $0.390 and $0.400, with medium-term forecasts reaching $0.45–$0.48 by October 2025.
- Institutional traders are monitoring the $0.43 resistance closely; a breakout could trigger a sustained rally toward $0.50.
Potential Scenarios
- Success above $0.386 could lead to targets of $0.41–$0.42, and potentially $0.45–$0.48 in 4–6 weeks.
- A failure at this resistance may retest support between $0.38 and $0.383, with further declines possible toward $0.37.
XLM currently trades at $0.384, reflecting a 3.5% intraday gain. Volume expansion and momentum indicators are under close observation as traders assess the sustainability of the rally.
