![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
Stellar (XLM) Price Prediction 2025-2030: Will XLM Price Hit $1.5 Soon?
May 10, 2025 at 08:45 am
Stellar (XLM) is showing signs of a strong technical breakout, drawing attention from traders and analysts alike. Recent price action suggests that a bullish reversal could be underway.
Stellar (XLM) is showing signs of a strong technical breakout, drawing attention from traders and analysts. Recent price action suggests that a bullish reversal could be in progress, following a period of consolidation.
The token’s price has increased by 10.13% over the past 24 hours and shows a similar rise over the last week, turning investor sentiment toward XLM optimistic.
At the time of writing, XLM is trading at $0.3031. A glance at the chart reveals that the token is currently testing the neckline of an inverse head-and-shoulders pattern. This neckline resistance is crucial, as breaching and holding it may open the path for significant upward movement.
Moreover, the token’s price is approaching the 0.236 Fibonacci support level, which could provide another layer of support for the token.
Next Few Trading Sessions Will Be Crucial
Analysts believe the next few trading sessions will be crucial to determine if Stellar confirms this reversal or slips back into a consolidation phase.
If XLM manages to break above the neckline resistance without retesting it, it may continue rising toward the first Fibonacci extension level at $0.324. Further gains could reach the $0.341 and $0.367 levels, and finally, the 1.618 Fibonacci extension at $0.391.
However, if XLM slips below the neckline support, it could revisit lower support zones. Critical support levels lie at $0.255 (0.618 Fibonacci), $0.245 (0.5), and $0.236 (0.382 Fibonacci). A volume spike around the breakout area would help validate bullish momentum. Without volume confirmation, the breakout risks becoming a false signal.
On-Chain Metrics Suggest Accumulation Trends
Data from the XLM Spot Inflow/Outflow chart offers deeper insights into investor behavior. Between late November and mid-December, massive outflows coincided with a steep rally from $0.10 to $0.60. This suggests many investors booked profits near the apex of the rally.
Subsequently, we observe substantial inflows during January and April, indicating strategic buying opportunities as the token slid from December’s highs.
Since February, netflows have remained negative, indicating persistent selling pressure. However, recent massive inflow spikes as the token approached the $0.38 mark could indicate renewed accumulation by investors. Typically, such behavior precedes sustained upward trends.
Momentum Indicators Favor Bulls
Technical indicators are also setting the stage for further bullish action. The MACD line has crossed above the signal line, with a growing positive histogram, reflecting increasing momentum.
Additionally, the Relative Strength Index (RSI) stands at 67.55, just below the overbought level of 70. While the strong momentum is evident, any push above 70 may warrant caution, as it could signal a near-term pullback.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
-
-
-
-
-
-
- The Momentum in the Digital Asset Market is Shifting as Community Sentiment Gravitates Toward Projects
- May 10, 2025 at 02:15 pm
- Qubetics ($TICS) is rapidly distinguishing itself with robust infrastructure and practical tools. Its Real World Asset Tokenization Marketplace and enterprise-ready applications are gaining traction
-