Stellar (XLM) has finally broken its silence with a fresh bullish signal, sparking renewed optimism in the altcoin 0 weeks of sideways trading, the SuperTrend indicator has turned bullish for the first time since late August, according to trader Ali (@ali_charts). Related Reading: This Bitcoin Cycle Changes Everything, Real Vision Analyst Explains Why XLM now faces a decisive test at the $0.386 resistance, a level where sellers have repeatedly pushed back in recent 1 bullish reversal came as XLM established support at $0.363, creating a stronger floor for 2 volume steadily increasing around this zone, traders are treating the move as more than just a temporary 3 momentum holds, XLM could unlock a major upside move that shifts market sentiment.
What’s Fueling Stellar’s Momentum? The broader crypto market’s recent stabilization has provided a healthy backdrop for altcoins like Stellar (XLM) to regain 4 accumulation patterns within key demand zones suggest larger wallets are quietly entering the market, strengthening the bullish 5 the technical front, the MACD has turned positive, while XLM’s RSI remains neutral at 48, leaving room for further gains without hitting overbought 6 note that a clean break above $0.386 could quickly open the door to higher targets at $0.390 and $0.400, with medium-term forecasts eyeing $0.45–$0.48 by October 7 traders are also watching the $0.43 resistance closely.
A confirmed breakout above this level could ignite stronger momentum, potentially pushing XLM into a sustained rally toward its 52-week high near $0.50. Bullish and Bearish Scenarios Ahead If Stellar manages to break and hold above $0.386, short-term targets sit at $0.41–$0.42, with a stronger push toward $0.45–$0.48 likely in the next 4–6 weeks. XLM's price trends to the upside on the daily chart.
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