XLM
XLMUSD Is this its Cycle Top??Stellar (XLMUSD) is picking up the bullish sentiment today having just completed a Golden Cross on the 1W time-frame. Last time we viewed this (November 01 2024, see chart below), we gave a strong buy signal, which paid off immediately:
Having failed to cross above the Lower Highs trend-line though, we are now more concerned as the last 1W Golden Cross (March 01 2021) was formed just 40 days before the Top of the previous Bull Cycle.
As long as the price trades below the Lower Highs trend-line, the probability for a new bearish move is strengthened. What is also supporting this is that the 1W RSI resembles the pattern of both the May 2021 and January 2018 Cycle Tops.
At the same time though, it is quite similar to the May - September 2017 RSI pattern, whose XLM price action was nothing but a Bull Flag that after touching the 1W MA50 (blue trend-line), rebounded aggressively above the 1.618 Fibonacci extension slightly to form the Jan 2018 Cycle Top.
As a result, we recommend to resume buying only if the price breaks above the Lower Highs trend-line and target 2.2500 (the 1.618 Fib extension).
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XLM - Taking Over EUROPEAN BANKS MartyBoots here , I have been trading for 17 years and sharing my thoughts on xlm here.
xlm is looking beautiful , very strong chart for more upside
Very similar to XRP which mooned and will go higher
Do not miss out on xlm as this is a great opportunity
Watch video for more details
XLM Long following XRP StructureChart Comparison: XLM vs. XRP
On the left side of the chart, we have XLM/USDT, and on the right, we're comparing it with XRP/USDT. Both charts display a very similar structural pattern, with XRP showing a more advanced movement compared to XLM. It appears that XLM is currently lagging behind XRP but is likely to follow suit soon.
Given the similarity in price action and market behavior, I anticipate XLM will catch up, and I am expecting a move towards the marked target in the near future. If XLM continues to follow XRP's trajectory, we should see an upward move that aligns with the target zone.
Keep an eye on XLM for a potential breakout and move towards the target area marked in the chart.
XLM - Will XLM Find Strength or Stumble?XLM has been in a downtrend for the past 10 days after rejecting from the 0.618 Fibonacci retracement resistance. The price action shows lower highs and lower lows with no significant volume, signaling a potential continuation of the trend. Let’s identify the key support and resistance zones and possible trade setups.
Support Zone
A strong support zone lies between $0.3725 and $0.3695 based on multiple confluences:
Monthly Level: At $0.3725
Anchored VWAP: From the very low, the VWAP aligns with the monthly level
Fibonacci Retracement: Drawing the fib retracement from the year’s low to the recent high, the 0.75 Fibonacci level lies at $0.3695
Resistance Zone
Key Level: Price data highlights $0.435 as a significant S/R zone
Fibonacci Retracement: The 0.618 Fibonacci retracement from the current wave aligns with the key level
Short Trade Setup
Entry: 0.618 Fibonacci retracement/key level at around $0.435
Stop Loss: Above the previous high
Take Profit: Target the support zone at round $0.3725
Risk-to-Reward (R:R): 4.5
Long Trade Setup (on confirmation)
Entry: Long position between the support zone of $0.3725 and $0.3695
Stop Loss: 3% SL
Take Profit: around 0.39/0.4
Risk-to-Reward (R:R): 2 or better
Is Stellar (XLM) Ready for Its Next Breakout? Hello, Traders!
After an incredible rise of over 600% just in one month, Stellar (XLM) has retraced 50% but is still trading an impressive 400% higher than its November price.
This kind of volatility is a natural part of the crypto market and can often present lucrative opportunities for those who know how to navigate it.
At this point, for XLM to regain its bullish momentum, the price must break above the $0.50 level and hold there consistently.
A breakout above this psychological and technical resistance could signal the start of another leg up in its recent uptrend.
This scenario becomes even more likely considering Bitcoin current price action.
With BTC trading above $100k and BTC.D hovering at a resistance area of 59%, we could see a rotation of capital into altcoins like XLM if BTC.D starts dropping.
Historically, altcoins tend to surge when Bitcoin dominance declines, and Stellar is well-positioned to capitalize on such a shift.
As for the downside, I don’t anticipate XLM falling below the $0.39 support level.
In fact, there’s strong evidence that the recent dip to the $0.32 area marked a local bottom, supported by key technical indicators and buyer activity in that zone.
If you're trading XLM, keep a close eye on these levels and be ready to act if the $0.50 resistance is broken.
Remember, patience and disciplined risk management are key in markets like these.
Please don’t forget to boost this idea and leave your comments below.
How To Navigate: Breakouts with Tools, Indicators & StrategyHaving a Clear and Precise understanding of whether you're dealing with a Breakout or False Breakout can help you:
1) Find potentially profitable opportunities
&
2) Avoid making risky investment moves!
Also knowing how to Confirm Trend Change can:
1) Rise probability of profitable trades
&
2) Limit the total # taken!
So today, I lay out the tools, indicators and tips I use to visualize and to make a decision!
Examples:
COINBASE:XLMUSD & BITSTAMP:XRPUSD
Tools:
- Trendline
- Parallel Channel
- Rectangle
Indicators:
- Volume
- RSI
- "True or False" Formula : Close + 20-25% Break + 5-6 Days Outside of Break = Breakout
$XLM/USDT Analysis$XLM/USDT Analysis
#XLM is consolidating within a symmetrical triangle pattern on the 6-hour chart.
The price is nearing the breakout point, and a decisive move is expected soon.
If the price breaks above resistance, it could initiate a strong uptrend. Conversely, a breakdown of the support below may lead to further downside
Waiting for confirmation of the breakout with volume before entering a position is recommended.
Entry: CMP
Target: $0.6000 - $0.7000
SL: $0.3941
DYOR, NFA
Bearish Bitcoin All 2025???Those little pushes you see now? They might be the last ones. Bitcoin could trend downward until 2026, with a potential slight reversal in October. The best part is that Altcoins, especially XRP, might take center stage and have their moment.
At first, I was projecting Bitcoin to hit 75k, but now, my target has shifted to 60k…possibly even 55k by 2026 before any new highs (125k). Let’s see how it plays out…I could be wrong. I’m holding BTC too so…🤷🏽♂️
Is #XLM Ready For another Bullish Push or Not? Key Levels Yello, Paradisers! Is #XLMUSDT about to surge to new heights or are we on the verge of a deeper correction? Let’s analyze this critical setup of #Stellar:
💎#XLM has been forming a classic falling wedge pattern on the 8-hour chart, a formation known for its bullish breakout potential. Price is currently testing the descending resistance, and this is where things could get exciting. A clean breakout above this resistance would signal a major shift in momentum and open the door for a significant move higher.
💎When #XLMUSD clears the descending resistance of the falling wedge, the immediate resistance lies at the $0.45 level. This critical level needs to be cleared for CRYPTOCAP:XLM to confirm its bullish breakout. If bulls succeed, the next target lies in the major resistance zone near 0.6500, representing a potential 40%+ upside. Look for strong volume and convincing bullish candles above the resistance to confirm market conviction. Without these signals, any upward movement could turn out to be a fakeout.
💎However, if #XLM fails to clear the descending resistance then it might come to retest the support zone at $0.32. Buyers have held this level and the probability of jumping here is quite high. But if this level also doesn't hold, there will be a retest of the demand zone at $0.24.
💎However, a daily close below $0.24 would invalidate the bullish setup and potentially lead to a sharper drop toward 0.2000 or lower.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
XLMUSDT: Bullish Setup or Reversal on the Horizon?Yello, Paradisers! Are you ready to capitalize on XLMUSDT’s next big move? Let’s break it down!
💎XLMUSDT has been consolidating within a well-defined descending channel, a classic retracement pattern that often sets the stage for a bullish breakout.
💎If XLMUSDT breaks and closes a candle above the resistance level, it would strongly increase the probability of a bullish move, opening the door to significant upside potential.
💎On the flip side, if the price dips to shake out weak hands, key support zones will be crucial. A bounce from these areas, coupled with a bullish I-CHoCH (internal change of character) or reversal patterns like a double bottom (W) or an inverse head and shoulders, would signal strength and increase the probability of a sustained rally.
💎However, discipline is key! If the price breaks down and closes a candle below the support zone, it invalidates the bullish setup. In such a scenario, it’s wiser to wait for clearer and more favorable price action to unfold rather than rushing into a trade.
🎖 This market rewards patience and preparation. Always remember, the goal is consistency, not chasing impulsive moves. Stay disciplined, Paradisers, and let’s crush these markets with sound strategies and precision!
MyCryptoParadise
iFeel the success🌴
Stellar (XLM) Price Breakout Fuels 30% Surge Hopes
Stellar Lumens (XLM), the cryptocurrency designed to facilitate fast and low-cost cross-border payments, has recently shown signs of a potential breakout, sparking speculation about a significant price surge. After a period of relative stagnation, XLM has demonstrated renewed momentum, capturing the attention of traders and investors alike. This article delves into the factors contributing to this potential breakout, examines technical indicators, and explores whether a 30% surge is a realistic possibility.
Stellar’s core mission is to provide an efficient and inclusive financial ecosystem, particularly for underserved populations. It aims to streamline international transactions, making them faster, cheaper, and more accessible than traditional banking systems.1 This focus on real-world utility has always been a strong foundation for XLM, and recent developments suggest this utility is beginning to translate into market action.
Factors Driving the Potential Breakout:
Several factors contribute to the current bullish sentiment surrounding XLM:
• Increased Network Activity: A key indicator of a healthy blockchain network is its level of activity. Recent data suggests a significant uptick in transactions on the Stellar network. This increased usage indicates growing adoption and demonstrates the platform’s real-world utility. This increased activity could be attributed to new partnerships, integrations with existing financial institutions, or the organic growth of its user base.
• Growing Institutional Interest: While not as prominent as Bitcoin or Ethereum, Stellar has been quietly attracting institutional interest. Its focus on regulated financial services and its compliance-friendly approach make it an attractive option for institutions seeking to explore the potential of blockchain technology. Increased institutional involvement often translates to larger trading volumes and can significantly impact price action.
• Favorable Regulatory Landscape: The regulatory landscape for cryptocurrencies is constantly evolving. Positive regulatory developments, particularly those related to cross-border payments and digital assets, can create a favorable environment for projects like Stellar. Clearer regulations can foster greater confidence among investors and encourage wider adoption.
• Technical Indicators: From a technical analysis perspective, XLM has shown promising signs. Recent price action has seen XLM break through key resistance levels, suggesting a shift in momentum.2 Trading volume has also increased, further supporting the bullish narrative. Several technical indicators, such as moving averages and relative strength index (RSI), point towards a potential upward trend.
• Focus on Decentralized Finance (DeFi): While Stellar isn't primarily known for DeFi, the network has seen increasing development in this sector. The growth of DeFi applications on Stellar could attract new users and capital to the ecosystem, further driving demand for XLM.
Technical Analysis and Price Prediction:
Analyzing XLM's price charts reveals a potential breakout pattern. The price has been consolidating within a defined range for a period, and the recent break above this range suggests a potential shift towards an upward trend. This breakout is further supported by increased trading volume, indicating strong buying pressure.
Several technical indicators suggest a bullish outlook:
• Moving Averages: The price of XLM has crossed above key moving averages, such as the 50-day and 200-day moving averages, which are often interpreted as bullish signals.
• Relative Strength Index (RSI): The RSI, a momentum indicator, is showing increasing strength, indicating growing buying momentum.
• Volume: The increased trading volume accompanying the price breakout provides further confirmation of the bullish trend.
Based on these technical indicators and the current market momentum, a 30% surge is a plausible scenario. However, it’s crucial to remember that the cryptocurrency market is highly volatile, and price predictions are not guaranteed.3 Several factors could influence XLM’s price action, including overall market sentiment, regulatory developments, and competition from other cryptocurrencies.
Is a 30% Surge Realistic?
While the technical indicators and fundamental factors suggest a potential for significant price appreciation, a 30% surge should be considered a potential target rather than a certainty. The cryptocurrency market is known for its volatility, and unforeseen events can quickly change market sentiment.4
Conclusion:
Stellar’s XLM is showing promising signs of a potential breakout. Increased network activity, growing institutional interest, favorable regulatory developments, and positive technical indicators all contribute to the bullish sentiment. While a 30% surge is a realistic possibility based on current trends, investors should exercise caution and conduct thorough research before making any investment decisions. The cryptocurrency market is highly volatile,5 and it’s essential to manage risk effectively.6 However, the current momentum surrounding XLM suggests that the project is well-positioned for future growth and could offer significant potential for investors. The focus on real-world utility and the development of the Stellar ecosystem continue to be key factors to watch in the coming months.
Can Stellar reach $0.65 and deliver significant gains soon?Hello and greetings to all the crypto enthusiasts, ✌
I aim to provide you with a comprehensive overview of the future price potential for Stellar, 📚💡
At present, the market is experiencing a phase of consolidation with a downward bias, making it normal to observe red candles as the price approaches our key support level. This pullback is expected as part of the overall correction. Once the price reaches and tests this critical support zone, we anticipate a significant shift in momentum. 📚💡
With the support holding, we foresee a potential rally of up to 59%, bringing Stellar’s price to the target of $0.65. This potential increase will depend on the market stabilizing and confirming the support level. A successful bounce from this support could lead to the desired upward movement. Our outlook remains optimistic once the market structure solidifies. 📚✨
🧨 Our team's main opinion is: 🧨
The market is in a downward consolidation, and red candles are expected until the price reaches our key support. After that, we anticipate a 59% rally in Stellar, targeting $0.65.
Give me some energy !!
✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.
Cheers, Mad Whale. 🐋
TradeCityPro | XLM : Tracking Corrections and Key Levels👋 Welcome to TradeCity Pro!
In this analysis, I’ll review the XLM coin. The Stellar project is one of the oldest crypto projects and operates one of the earliest decentralized exchanges (DEXs).
📅 Daily Timeframe: Correction After a 500% Rally
In the daily timeframe, we observe a powerful upward trend. After bottoming out at $0.0884, bullish momentum entered the market. Once $0.1101 was broken, this momentum increased further. With higher buying volume and RSI entering the Overbought zone, the resistance at $0.1566 was also broken, and the price is now near its ATH.
🔍 After reaching the $0.5653 resistance, buying volume and bullish momentum slowed, and the market has entered a more stable corrective phase. So far, the price has corrected to $0.3308, which isn’t even the 0.382 Fibonacci level and indicates the correction hasn’t fully reflected the sharp price increase.
📈 The price might resume its upward movement with strong momentum even with this shallow correction. If the $0.5653 ceiling is broken, the price could move to the $0.7247 ATH resistance and potentially form new all-time highs if this resistance is surpassed.
🔽 However, the price is currently forming lower highs, which increases the likelihood of further correction due to insufficient correction thus far. If the market leans towards correction, the price might retest the $0.3308 support and, if broken, could reach supports like the SMA99 and the 0.382 Fibonacci level. Further corrections could lead the price to 0.5 and 0.618 Fibonacci levels. A break below 50 on RSI would strengthen the corrective scenario.
✨ If you’ve previously bought this coin at lower prices and are looking for an exit point, I recommend exiting if the price stabilizes below $0.3308. However, if you wish to maintain your profits and re-enter, you can consider buying again if the price recovers above this level.
⏳ 4-Hour Timeframe: Futures Triggers
In the 4-hour timeframe, we can observe the price movement during the correction phase in greater detail. As you can see, the price has a critical resistance at $0.4651, which it has tested multiple times.
📊 The best long trigger currently is breaking the $0.4651 resistance, with the first target being $0.5781. Breaking this $0.5781 level would provide a second long trigger.
🔽 For short positions, the first trigger, which is quite risky, is breaking $0.3907, while the main trigger is $0.3240. The targets for these positions have been identified using Fibonacci levels in the daily timeframe. However, since the main trend remains bullish, all short positions carry significant risk.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
#XLM/USDT Ready to go higher#XLM
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.4300
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.4434
First target 0.4590
Second target 0.4746
Third target 0.4927
XLM - 1hr Chart TA by GrokAI
Given the 1-hour chart of XLM/USD, here's an in-depth technical analysis:
Price Action & Trend Analysis:
Current Price: $0.449910 USD, showing a recent test of lower levels after a peak near $0.49.
Trend: The price has been in a downward trend but seems to be finding support around the $0.45 level. This could be a pivot point for either a bounce back or a breakdown.
Moving Averages:
200-period SMA (Simple Moving Average): The price is trading below this long-term average, indicating a bearish sentiment over a longer time frame.
50-period SMA: The price has also dipped below this shorter-term average, reinforcing the bearish outlook in the short term.
Volume:
The volume appears subdued, suggesting a lack of strong buying or selling pressure. This might indicate consolidation or a wait for a market catalyst.
Fibonacci Retracement:
The chart shows Fibonacci retracement levels from a recent swing low to high. Key levels to watch:
0.382 at $0.41841100: This could be a strong support level if the price continues to decline.
0.5 at $0.43855500: A test of this level could indicate further resistance or support, depending on price action.
Indicators:
Stochastic RSI: Positioned below 50, indicating a potential bearish phase or preparation for a bounce if it turns upwards.
MACD: While not visible in the provided image, typically, if the MACD line were below the signal line, it would suggest bearish momentum. Conversely, a crossover above the signal line would be bullish.
RSI (Relative Strength Index): At 45.57, it's neutral but shows a bearish divergence (price makes higher highs while RSI makes lower highs), which could precede a price drop if support doesn't hold.
Support and Resistance:
Support: Around $0.418 (0.382 Fib level). If broken, the next support could be lower, around previous lows or psychological levels.
Resistance: Near current price levels and above at $0.462 (0.5 Fib level).
Strategy:
For Sellers: Consider entering on a confirmed break below $0.418 with stops just above this level to manage risk.
For Buyers: Look for bullish signals or a clear reversal pattern forming near the $0.418 support, with stops below this level.
Market Sentiment:
Given the bearish signals from moving averages and RSI divergence, the market might be leaning towards further downside unless supported by volume increase or positive news.
Final Thoughts:
Always watch for volume spikes which could confirm the current trend or indicate a reversal.
Keep an eye on global crypto market sentiment, as XLM often correlates with broader market movements.
Use additional tools like trend lines, chart patterns, or other indicators for confirmation before making trading decisions.
This analysis provides a snapshot based on the given chart. Always combine technical analysis with fundamental analysis and risk management for the best trading outcomes.
XLM expected movementBINANCE:XLMUSDT
Stellar was in a falling wedge pattern. now the price has already broken the pattern so all we need to do is sit and wait for it to reach the top of the pattern.
⚠️ Disclaimer:
This is not financial advice. Always manage your risks and trade responsibly.
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