Stellar price action is starting to look promising again. After months of trading sideways and battling resistance, XLM is finally showing signs of strength.
At writing, Stellar is trading around $0.39, holding firm after a clean breakout from its long-term downtrend.
Even though the broader crypto market remains mixed, Stellar seems to be setting up for its own move, one that could surprise a lot of traders watching from the sidelines.
What you'll learn 👉
What is the XLM Chart Saying?
As analyst CryptosBatman pointed out on X, Stellar price has officially broken out of a months-long bearish trendline. That’s a big technical shift. The same trendline that acted as resistance for weeks has now turned into potential support, which is exactly what bulls want to see.
Right now, the price is retesting that area, and that’s where things get interesting. The chart also shows a bullish fair value gap (FVG) forming right below the current level. This typically acts as the short-term area of build-up before the next up leg.
Put simply: if Stellar holds this area, it could be preparing to bounce big-time.
Batman also noted that the 0.618 Fibonacci retracement level looks a bit lower on the chart. That means XLM price could dip a little further before the next push. This is actually healthy; markets often pull back to these levels before continuing upward.
So, if you see a small retracement toward the $0.37–$0.38 range, that might just be the market catching its breath. A bounce from there could confirm renewed bullish momentum.
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XLM Market Sentiment Turning Positive
Even beyond the charts, Stellar’s sentiment is slowly improving. The token’s ecosystem continues to expand, and traders are starting to take notice again.
With multiple altcoins showing strength this week, XLM price could ride the momentum, especially if Bitcoin stabilizes near current levels.
For short-term traders, a clean daily close above $0.42 could be the trigger that confirms the next leg higher. From there, all eyes will likely shift toward the $0.46–$0.48 zone as the next target.
XLM Price Outlook
It’s still early, but the setup looks strong. Stellar has broken its downtrend, is holding above key support, and technical signals suggest bulls are quietly regaining control.
If XLM price can maintain this structure through the week, the next move could finally be that breakout rally holders have been waiting for. Until then, this retest phase will tell us everything about how strong this reversal really is.
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