 
 
Stellar (XLM), a key rival to XRP in cross-border payments, is approaching pivotal price levels that could shape its near-term trajectory.
Market analyst Ali Martinez warns Stellar ($XLM) faces a crucial test at $0.4; holding this support could trigger a rebound toward $1, creating high-stakes opportunities for traders and investors.
Notably, Stellar has experienced recent volatility amid broader market swings in the cryptocurrency sector. The $0.34 level now stands as a critical ‘make-or-break’ support, with traders closely watching to see if Stellar can stabilize and rebound, or risk further losses.
Therefore, Stellar is at a critical point because technical indicators show a tightening squeeze, with falling highs pressing down on support at $0.4. Holding this level could ignite renewed buying, propelling XLM toward $1, while a breakdown below risks further losses and short-term sell-offs.
Currently, XRP is walking a tightrope, with its price standing at $2.98, according to data from CoinGecko.
 
On the other hand, Stellar sits at a strong support zone, where the golden pocket Fibonacci level meets the value area low, a confluence that often signals buyers are stepping in.
This is because Stellar holding the golden pocket Fibonacci zone, 61.8–65% retracement, aligns with key market psychology, where buying pressure often intensifies.
Coupled with the value area low, where trading historically concentrates, this confluence creates a strong support, signaling a high-probability rebound.
Meanwhile, Stellar’s $1 target continues to gain steam after payment giant PayPal recently launched its US dollar-backed stablecoin, PYUSD, on its network.
Source: https://zycrypto.com/xrp-competitor-stellar-on-the-edge-0-4-hold-could-ignite-a-1-surge/