XLM Bullish Flag Points to $0.80 Target in August Rally

  • XLM consolidates within a bullish flag after July’s sharp rally.
  • Forecasts suggest $0.66–$3.43 price range by 2031.
  • Holding above $0.3786 is crucial to maintain bullish momentum.

Stellar (XLM) is showing signs of renewed bullish strength heading into August 2025. Analyst Ali Martinez shared in a 4-hour chart that XLM is consolidating within a bullish flag pattern. The asset retraced to the 78.6% Fibonacci level while maintaining structural integrity. 

At press time, XLM trades at approximately $0.425227. If it breaks above the upper resistance trendline, the price could target $0.80. 

This projection aligns with the 1.618 Fibonacci extension, often associated with bullish continuation targets. The current setup implies that buyers are positioning for a potential breakout early next month.

Price Action and Technical Indicators Remain Supportive

As of July 3, XLM is trading at $0.4126 after a 2.02% decline in 24 hours. The decline followed a previous rally from $0.0611. 

The current pullback landed just above the 0.382 Fibonacci level at $0.4121. XLM faces strong resistance at $0.5150, a level that has acted as a historical barrier. 

AD 4nXdw2APu2PvD8Quyt9P1CaVE02NLEYK4IlM43LNwtDt0wHlrUKtUbmn Bo
XLM/USDT 1-Day Price Chart Source: Tradingview

Technical indicators still suggest strength. The 20-day moving average stands at $0.4417, positioned above the 50-day moving average at $0.3266. This configuration signals an active bullish trend despite the recent rejection. 

RSI currently reads 54.28, down from a recent high of 66.67, showing a cooling of momentum. Analysts note that holding support above $0.3786 (the 0.5 Fibonacci level) is critical to maintain upward momentum.

Long-Term Forecasts Turn Upbeat

Scopuly, a Stellar-based wallet platform, projects XLM could average $0.66 in 2025. Forecasts extend to a high of $0.79 that year and a potential $1.23 in 2026. By 2030, projections place XLM at $2.99, with a peak of $3.43 by 2031. 

The predictions cite several supporting factors, including a reduced supply of around 30.6 billion XLM. 

Additionally, real-world integrations and future upgrades such as Soroban smart contracts are expected to enhance XLM’s utility. Even long-time skeptic Peter Brandt has now acknowledged XLM as a contender, referring to it as a potential “rock star” in the current market cycle.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.

Hot this week

OpenAI Jalapeño Chip Challenges Nvidia With Faster Inference 

Jalapeño led Nvidia GB300 in response speed and AI...

Stellar Price Prediction Eyes Major XLM Price Breakout Toward $11

Stellar price prediction places the speculative long-term target between...

Hyperliquid Energy Perpetuals Seek CFTC Path Into US Markets

Hyperliquid energy perpetuals filing targets regulated WTI, Brent and...

BlackRock Bitcoin ETF Draws Whale BTC Through $5 Billion Swaps 

BlackRock Bitcoin ETF has facilitated over $5 billion in...

Revolut EURR Stablecoin Debuts With MiCA Backing Across Europe

Revolut EURR stablecoin begins rolling out in Denmark, Poland...

Topics

OpenAI Jalapeño Chip Challenges Nvidia With Faster Inference 

Jalapeño led Nvidia GB300 in response speed and AI...

Stellar Price Prediction Eyes Major XLM Price Breakout Toward $11

Stellar price prediction places the speculative long-term target between...

Hyperliquid Energy Perpetuals Seek CFTC Path Into US Markets

Hyperliquid energy perpetuals filing targets regulated WTI, Brent and...

BlackRock Bitcoin ETF Draws Whale BTC Through $5 Billion Swaps 

BlackRock Bitcoin ETF has facilitated over $5 billion in...

Revolut EURR Stablecoin Debuts With MiCA Backing Across Europe

Revolut EURR stablecoin begins rolling out in Denmark, Poland...

Japan Blockchain Settlement Plan Targets Stocks and JGBs by 2030s

Japan blockchain settlement could shorten stock T+2 and government...

Kylie Jenner X Account Breach Drives Solana Coin Past $1 Million 

Kylie Jenner X account reportedly posted and deleted two...

GENIUS Act Rules Gain Industry Support for Stablecoin ID Limits 

GENIUS Act rules would limit issuer identity checks to...
spot_img

Related Articles

Popular Categories

spot_imgspot_img