- XLM is drifting closer to the $0.30–$0.33 demand zone, which lines up with strong support and could attract fresh buying interest.
- Momentum indicators are starting to turn bullish, with the MACD showing a crossover and the RSI moving above 50 — both signs of growing buyer strength.
- XLM’s market cap has made a sharp V-shaped recovery, hinting that investors are stepping back in as confidence begins to return.
Stellar (XLM) is heading toward the key $0.30 support level, where buying interest could pick up. Chart signals are starting to turn bullish, and momentum indicators are showing early strength. Traders are now watching closely for a bounce that might start the next upward move.
Current Price Movement and Technical Outlook
Following a peak close to $0.50 in July, XLM entered a correction phase that has pushed prices down to roughly $0.36. The price currently struggles against the 9-day EMA, while the 50-day SMA sits near $0.42. Analysts from Alpha Crypto Signal note that XLM is edging closer to a demand zone between $0.30 and $0.32, aligning with previous structural support. This area is being watched closely for possible accumulation.
Volume trends during July’s rally saw strong buying, which slowed as prices pulled back. This pattern indicates a normal correction rather than a sell-off. Should XLM break above the short-term moving averages with volume support, it could confirm a shift back to bullish momentum.
Support Levels and Trendline Analysis
Recent charts show XLM testing, and briefly breaking below, an important upward trendline. There’s still a chance for more downside, which makes the $0.32 to $0.34 support zone important to watch. If this level holds, XLM could bounce back and possibly make a move toward $0.50 or higher.
A report from August 20, 2025, by Alpha Crypto Signal suggests a possible double bottom near $0.30. The market’s next move depends on how it handles these levels.A break above $0.38 to $0.42 on higher volume would boost confidence in the rally continuing.
Long-Term Patterns and Momentum Signals
Stellar (XLM) has formed some strong bullish patterns over the years, like a Cup and Handle and a falling wedge. These setups point to a strong base being built, which could support long-term growth if momentum continues Fibonacci levels point to possible price targets between $1.51 and $3.42 if momentum keeps up.
Source Chart Nerd Via X
On the shorter-term side, technical indicators are also looking encouraging. The MACD recently gave a bullish crossover, and the RSI has moved above 50, which usually means buying interest is picking up. Modest volume increases on recent price gains hint at early buying activity.
Stellar’s market capitalization showed a sharp drop followed by a strong V-shaped recovery, moving from about $10.85 billion back up to $11.5 billion. This bounce suggests renewed buying pressure and improves the chances of sustained upward movement.
