Stellar (XLM) Shows Signs of Strength: Analysts See $0.5 Target in Play

Stellar (XLM) is showing signs of resilience after weeks of consolidation, with the cryptocurrency defending the crucial $0.37 horizontal support ￰0￱ the time of writing, XLM trades around $0.36, down 0.56% on the daily charts and 4.2% ￰1￱ Reading: XRP Gets A Retirement Twist: Expert Calls It A 401(k) Despite the short-term weakness, analysts suggest that the altcoin’s recent bounce could set the stage for a move toward $0.50 and ￰2￱ $0.37 level has historically acted as both resistance and support, making it a decisive zone for future price action. A reclaim above this mark could push XLM toward the long-standing descending resistance near $0.48, with a breakout potentially triggering a stronger ￰3￱ Indicators Signal Mixed Outlook Market data highlights both caution and opportunity for Stellar ￰4￱ indicators remain balanced, with the Relative Strength Index (RSI) close to neutral at 50 and the Moving Average Convergence Divergence (MACD) slightly above ￰5￱ these readings suggest indecision, the broader technical setup indicates a potential bullish ￰6￱ also observe a developing wedge pattern on the daily chart, which often signals a possible upside ￰7￱ bulls can sustain momentum and push the price above $0.41, the next targets are between $0.58 and $0.80.

Conversely, failing to hold above $0.35 could expose the token to declines toward $0.30 or even $0.21. XLM's price moving sideways on the daily chart.) Institutional Adoption Fuels Long-Term Optimism Beyond technical analysis, Stellar’s ecosystem developments are increasing confidence in the project’s long-term ￰8￱ Stellar Development Foundation (SDF) recently announced access to over $3 billion in real-world assets (RWA) on its network, with issuers like PayPal, Ondo Finance, and Mercado Bitcoin actively ￰9￱ launch of PayPal USD (PYUSD) on Stellar has been a key factor in driving adoption, strengthening the network’s role in cross-border payments and asset tokenization.

Additionally, expanding partnerships with companies such as Mastercard and MoneyGram demonstrate XLM’s growing institutional ￰10￱ Reading: Bitcoin LTH Selling Pressure Builds: 6–12M Coins Keep Flowing Onto The Market With Bitcoin remaining strong above $112,000 and market sentiment gradually improving after recent volatility, analysts view Stellar as a strong candidate for near-term ￰11￱ the bullish scenario unfolds, XLM’s next key milestone could be a breakout above $0.50, paving the way for a broader ￰12￱ image from ChatGPT, XLMUSD chart from Tradingview