Will XLM Break the $0.60 Barrier in 2025?
The post Will XLM Break the $0.60 Barrier in 2025? appeared on BitcoinEthereumNews.com. Stellar (XLM) is showing renewed signs of strength as it returns to a historically significant resistance area, signaling that a major move could be in the works. The token is currently undergoing what appears to be its third major attempt to break past its all-time high region near $0.60. This level previously served as a major ceiling during the bull runs of 2017, 2021, and again in late 2024, where price rallies eventually lost momentum and retraced sharply. Despite those setbacks, $XLM has shown a pattern of forming higher lows after each cycle, hinting at growing underlying strength. In 2017, the crash brought the token below $0.18, while in 2022 it dropped to just above that, forming a slightly higher base. Now, it appears $XLM could be forming another higher low near the $0.20 mark, which is a potentially bullish signal heading into the next phase of the market cycle. Source – Jacob Crypto Bury on YouTube XLM Price Prediction $XLM’s current technical structure is drawing attention, particularly with its price hovering around the 0.786 Fibonacci retracement level, which is often seen as a turning point for reversals or strong continuation moves. If the token can maintain support above $0.22 and avoid falling back under $0.20, it could be primed for a major breakout. The chart shows a massive falling wedge pattern, one that $XLM failed to break in previous cycles. However, this time around, there are signs that a breakout could finally be underway. Should this occur, analysts are eyeing Fibonacci extension targets at 1.618 and 4.1414, which place potential price targets around the $1.00 to $1.20 zone—a potential 2x from current levels. Still, caution is warranted in the short term, as XLM is currently overbought on both the daily and 4-hour RSI charts. A short-term correction toward the…
The post Will XLM Break the $0.60 Barrier in 2025? appeared on BitcoinEthereumNews.com.
Stellar (XLM) is showing renewed signs of strength as it returns to a historically significant resistance area, signaling that a major move could be in the works. The token is currently undergoing what appears to be its third major attempt to break past its all-time high region near $0.60. This level previously served as a major ceiling during the bull runs of 2017, 2021, and again in late 2024, where price rallies eventually lost momentum and retraced sharply. Despite those setbacks, $XLM has shown a pattern of forming higher lows after each cycle, hinting at growing underlying strength. In 2017, the crash brought the token below $0.18, while in 2022 it dropped to just above that, forming a slightly higher base. Now, it appears $XLM could be forming another higher low near the $0.20 mark, which is a potentially bullish signal heading into the next phase of the market cycle. Source – Jacob Crypto Bury on YouTube XLM Price Prediction $XLM’s current technical structure is drawing attention, particularly with its price hovering around the 0.786 Fibonacci retracement level, which is often seen as a turning point for reversals or strong continuation moves. If the token can maintain support above $0.22 and avoid falling back under $0.20, it could be primed for a major breakout. The chart shows a massive falling wedge pattern, one that $XLM failed to break in previous cycles. However, this time around, there are signs that a breakout could finally be underway. Should this occur, analysts are eyeing Fibonacci extension targets at 1.618 and 4.1414, which place potential price targets around the $1.00 to $1.20 zone—a potential 2x from current levels. Still, caution is warranted in the short term, as XLM is currently overbought on both the daily and 4-hour RSI charts. A short-term correction toward the…
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