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
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XLM Price Alert: Watch These Key Levels
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? Lets 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?XLM/USD Daily Chart- TradingView
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:
What Is the Hourly Chart Telling Short-Term Traders?XLM/USD 1 Hr Chart- TradingView
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:
Stellar Price Prediction: Will Stellar Price Recover This Week?
A recovery depends on two technical developments:
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:
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.
Disclaimer:
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