Stellar (XLM) has been showing signs of bullish recovery over the last few weeks, but the recent hesitation near critical resistance levels raises a key question—is Stellar price preparing for a breakout or a short-term pullback? Let’s dive into the daily and hourly chart patterns to decode what could be next for XLM price.
Stellar Price Prediction: Is the Uptrend Losing Steam on the Daily Chart?
The daily chart of XLM price shows a promising recovery from the sub-$0.25 range, where buyers stepped in to reverse the prolonged downtrend. The price recently touched $0.31 but failed to hold above it, pulling back slightly to around $0.295 at the time of writing.
Key observations:
- Resistance Rejection: XLM price was rejected near the 200-day SMA (~$0.319)—a critical long-term resistance level. This suggests buyers are struggling to maintain momentum beyond that point.
- Golden Cross Potential: The 50-day SMA ($0.284) is inching closer to crossing the 100-day SMA ($0.265), which could trigger a golden cross, a bullish signal watched by long-term traders.
- Heikin Ashi Candles: Recent daily Heikin Ashi candles are showing smaller bodies and long wicks on both sides, indicating indecision among bulls and bears around the $0.30 zone.
- Support Zone: The 100-day SMA near $0.265 is acting as a strong base. If the price revisits this area, it might be an opportunity for dip buyers.
What Is the Hourly Chart Telling Short-Term Traders?
Zooming into the hourly chart, Stellar price appears to be in a cooling-off phase after a strong rally earlier this week that took the price above $0.32. The price has since retraced and is currently hovering just below $0.30.
Hourly insights:
- Moving Average Resistance: The 50-hour and 100-hour SMAs are now positioned above the current price, acting as immediate resistance. XLM price needs to reclaim these levels for another upward leg.
- Fibonacci Levels: The pullback has found some support around the 0.618 Fibonacci retracement level from the recent swing low to swing high. This area (~$0.295) is key—a breakdown below this could open doors to $0.28.
- Consolidation Zone: The price is consolidating in a tight range between $0.295 and $0.305. This suggests a breakout is likely soon, either back toward $0.32 or down to retest the $0.285–$0.275 zone.
Stellar Price Prediction: Will Stellar Price Recover This Week?
A recovery depends on two technical developments:
- Sustaining above $0.295 – this is the pivot level in both daily and hourly views. If XLM price closes above this consistently, a move back to $0.32 and then $0.35 is possible.
- Volume confirmation – current volume on rallies has been low, so watch for a volume spike if price breaks past $0.31 again.
How High Can Stellar Go in May 2025?
If XLM price maintains its structure and breaks past the 200-day SMA resistance at $0.319, the next immediate targets are:
- $0.35 – psychological and Fibonacci extension resistance
- $0.41 – the next major resistance from December 2024 levels.
However, failure to reclaim $0.31 could lead to another retest of the $0.265 support zone, where the uptrend could either get revived or fail completely.
Final Thoughts: Caution or Confidence?
Stellar price is currently at a make-or-break level. While long-term indicators are turning optimistic, the short-term charts warn of fatigue and consolidation. If the broader market supports, XLM price could turn bullish quickly. But for now, watch $0.295 and $0.31 closely—they hold the key to the next major move.
Source: https://cryptoticker.io/en/xlm-price-alert-watch-these-key-levels/