Stellar (XLM) is showing signs of stabilization aftexr spending months in a corrective phase, with multiple market watchers identifying technical patterns that could support a fresh upward trend for the XLM price.
While price remains well below previous highs, recent chart structures suggest sellers may be losing momentum as buyers continue defending important support levels.
XLM Price’s Higher Lows Keep Bullish Structure Alive
Market analyst Javon Marks claims that the cryptocurrency will continue to move up only if the XLM price continues to form higher lows. Based on the recent analysis, a profitable breakout can take the price of Stellar as high as $0.681, which is a possible gain of more than 294%.
The XLM/USDT monthly chart presents a wave-like pattern just like those seen in past cycles, where extended bear markets have been succeeded by accumulation phases and powerful rallies.
Source: X
XLM is now forming a rounded bottom after dropping from its 2025 highs and making higher lows, which indicates that selling pressure is losing steam and buyers are gradually coming back into the market.
Despite being below a downtrend line, a breakout may set up a run towards $0.68-$0.70 with an eventual target of $1.20-$1.25.
Also Read: Stellar Price Eyes 3% Surge, 50% 2026 Upside Potential
Elliott Wave Analysis Highlights Critical Support
An additional forecast from Trend Serra Capital also indicates an identical view through the use of Elliott Wave Analysis. According to the firm, the XLM price has reached the final phase of Sub-Wave (2), and there is a possibility of Wave (3) coming up if support holds up.
Support level is seen at $0.139. A failure to fall below this level will maintain the bullish setup, and a rise above $0.30 will validate the possibility of a more significant trend reversal.
Source: X
Fibonacci support levels of $0.204, $0.186, and $0.164 may bring in buyers before the next upturn for the XLM price. Failure to sustain above $0.139, on the other hand, will weaken the bullish prospects.
Stellar Network Activity Adds Fundamental Support
Technical signals are also being supported by on-chain data. The network is now showing 51,500 daily active addresses, and this suggests that the network is still seeing regular activity from the users despite a weak performance of the market.
Source: X
Meanwhile, the observer Vijay pointed out that Stellar had an ever-growing ecosystem of real-world assets. The assets on the network have increased from $760 million to $3.35 billion in the last five quarters, owing to tokenized treasuries, credit products, gold, and stablecoins.
Source: X
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
Also Read: Bybit to Limit Global Platform Services for EEA Users Under Regulatory Shift
