XLM crypto price targets $0.32 after trend break — more upside ahead?
2025-07-09 16:51:07
Main Idea
Stellar (XLM) has broken its multi-month downtrend with a sharp rally from support, with a short-term pullback likely before targeting the $0.32 high time frame resistance zone.
Key Points
1. Stellar's price has reversed its downtrend, signaling bullish control with a breakout above dynamic resistance.
2. Support was confirmed at $0.22, a critical zone marked by value area low and Fibonacci retracement levels.
3. A short-term pullback is expected, which would help reset momentum indicators before a potential breakout.
4. The next target for XLM is the $0.32 high time frame resistance level, aligned with prior supply and long-term resistance.
5. Reclaiming the $0.32 level with strong volume could confirm further bullish momentum.
Description
Stellar’s current price has broken its multi-month downtrend with a sharp rally from support. A short-term pullback is likely before targeting the $0.32 high time frame resistance zone. Stellar ( XLM ) has decisively broken out of a long-standing bearish trend characterized by lower highs and lower lows. After an extended period of compression and downside pressure, price action has turned impulsive, launching a sharp rally directly into a technical resistance zone. This marks a structural shift...
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