Key Takeaways
Why is Stellar price gaining?
XLM jumped 10% to $0.4011 with trading volume up 130%, breaking a falling wedge pattern and sparking bullish calls for $0.50.
What risks could stall the rally?
XLM faces resistance at $0.4090, while Supertrend stays bearish and ADX at 18 shows limited momentum, leaving $0.5150 targets uncertain.
Stellar [XLM] surged 10% in the past 24 hours, as bullish sentiment and technical breakouts pulled traders back into long positions.
At press time, XLM was trading at $0.4001 with daily volume up 130% to $499 million, according to CoinMarketCap.
AMBCrypto will review XLM’s October setup, key technical levels, expert predictions, and liquidation data shaping the next move.
October’s history favors bulls
The price jump came as traders positioned for more upside. XLM’s sharp rebound also coincided with October’s strong historical performance in crypto markets.
Lookonchain data showed that over the last 12 years, the overall crypto market has posted gains in October ten times, with only two instances of negative returns, in 2014 and 2018.
Based on this data, XLM appeared to be on the same path toward posting a positive gain in 2025.
Source: X (Formerly Twitter)
Analysts eye $0.50–$0.56 range
In addition, several bold predictions by experts surfaced on X (formerly Twitter), further strengthening XLM’s bullish outlook.
For instance, AltCryptoTalk noted that XLM broke out of a falling wedge on the daily chart, and a successful retest could trigger a 60% to 70% rally in the mid-term.
Meanwhile, another expert highlighted that with the recent breakout, the $0.50 level is now in sight.
Source: X (Formerly Twitter)
Not just bullish predictions, a crypto expert also shared potential selling levels.
He highlighted $0.50 as the next key target after the breakout. By contrast, analyst CW flagged a heavy sell wall at $0.445, adding that if broken, the price could run toward $0.56.
Source: X (Formerly Twitter)
XLM price action and key levels to watch
AMBCrypto’s technical review showed that XLM ended its prolonged downtrend from the 18th of July and opened a path for an upside move. The altcoin still faced resistance near $0.4090 at press time.
That shift set up $0.4150 as a pivotal daily close level. Clearing it may unlock a 25% rally toward $0.5150.
Source: TradingView
Even so, indicators suggested caution.
The Supertrend indicator continued flashing red above the current price, showing bearish pressure. Moreover, the ADX stood at 18, as of writing, below the 25 threshold that signals strong trend momentum.
Given the abovementioned market sentiment, traders seemed to be following the same trend. CoinGlass revealed that XLM’s major liquidation level stood at $0.3809 on the lower side and $0.4129 on the upper side.
Source: CoinGlass
At those points, traders built $8.62 million in long positions against $2.68 million in shorts, underscoring market bias toward bullish continuation.
