Stellar (XLM) Nears $0.38 Trendline, Could Break Toward $0.50 as TVL Rises

Stellar (XLM) is trading just below the key $0.38 resistance and may breakout if volume and daily closes confirm a trendline breach; a sustained move above $0.38 could open targets at $0.40 and $0.50, while a rejection risks $0.34 and lower ￰0￱ at critical $0.38 resistance and 0.786 Fibonacci level Rising TVL and improved long-to-short ratios signal growing on-chain activity and bullish sentiment Technical indicators (RSI ~45, MACD nearing crossover) show fading bearish pressure and potential momentum shift Stellar (XLM) price nears $0.38 resistance — watch breakout volume and daily close confirmations for a rally to $0.50. Read our technical summary and trade ￰1￱ (XLM) is heating up near the $0.38 ￰2￱ and on-chain data hint at a ￰3￱ faces major resistance at $0.38, at the 0.786 Fibonacci retracement level.

A breakout above the trendline could trigger upside toward $0.50. Rising TVL and bullish trader sentiment point to a potential ￰4￱ (XLM) is just below the crucial $0.38 resistance ￰5￱ of the writing time the price dipped 1.22% to $0.3656, a 0.72% weekly gain and rising trading volume show growing bullish ￰6￱ is driving Stellar (XLM) toward the $0.38 level? Stellar (XLM) is approaching a confluence of technical resistance: the 0.786 Fibonacci retracement near $0.3725 and a descending trendline around $0.38. Rising on-chain metrics and improving trader sentiment are increasing the probability of an upside breakout if volume confirms a close above the ￰7￱ does the chart structure influence short-term XLM price action?

The 4-hour chart shows a descending triangle pattern that typically signals bearish risk, but current price action has compressed toward the triangle ￰8￱ trades around $0.36897, just under the 0.786 Fibonacci retracement level at $0.37254. A decisive close above the descending trendline with increased volume would shift the technical bias to bullish.) rose from $139.1 million on Saturday to $144.4 million by Tuesday, approaching an August peak of $153.6 ￰9￱ TVL typically reflects increased ecosystem usage and liquidity, supporting bullish price scenarios when paired with technical ￰10￱ do trader positioning and indicators show? Market sentiment has tilted cautiously ￰11￱ reported a long-to-short ratio of 1.07, the highest in over a month, indicating more traders are positioned ￰12￱ RSI sits at ~45, moving toward neutral 50, while MACD lines are nearing a bullish ￰13￱ indicators suggest bearish pressure is fading but confirmation requires volume and daily ￰14￱ will a breakout or rejection be confirmed?

A breakout is most credible after: 1) a daily candle close above $0.38 and the descending trendline, and 2) a meaningful surge in trading volume. Conversely, a rejection would be signaled by a strong reversal candle at resistance and weakening volume, targeting $0.34 and potentially $0.32 on further ￰15￱ checklist for traders monitoring XLM Watch for daily close above $0.38 with increased ￰16￱ MACD bullish crossover and RSI moving above ￰17￱ TVL and network activity for sustained on-chain support. comparison: key price levels and indicators Level / Indicator Value Implication Immediate resistance $0.38 (0.786 Fib) Break above opens $0.40–$0.50 Support $0.34 / $0.32 Failure could extend losses TVL $144.4M (rising) Improved on-chain liquidity RSI (daily) ~45 Momentum shifting toward neutral/bullish , "description": "Stellar (XLM) approaches $0.38 resistance with rising TVL and improving ￰18￱ volume and daily close confirmations for breakout signals." , Frequently Asked Questions Will a break above $0.38 lead to a sustained rally to $0.50?

A sustainable rally to $0.50 requires a daily close above $0.38, elevated trading volume, and supportive momentum ￰19￱ these confirmations, any spike could be a short-lived ￰20￱ should traders manage risk around the triangle apex? Use defined stop levels (e. g., below $0.34) and scale position size until a clear daily close confirms ￰21￱ volume and TVL to avoid trading on false ￰22￱ Takeaways Resistance at $0.38 : A decisive daily close above the 0.786 Fibonacci and trendline is needed to validate a bullish breakout. On-chain support : Rising TVL and a higher long-to-short ratio add credibility to an upside ￰23￱ with volume : Volume surges and momentum crossovers will be the primary confirmation signals for a sustained ￰24￱ Stellar (XLM) sits at a technical crossroads near $0.38, where a confirmed break with higher volume could open targets at $0.40 and $0.50, while a rejection risks support at $0.34 and $0.32.

Monitor daily closes, volume, RSI and TVL for reliable ￰25￱ disciplined and follow a clear risk plan.