How to Read Stellar’s Bullish Setup as $2 Target Emerges


$XLM has pulled back from $0.4713 to $0.4073, trimming market cap to $12.76B. Short-term signals remain cautious, with charts pointing to $0.3789–$0.3628.


Yet the broader structure holds bullish momentum. After breaking a 10-month consolidation, XLM eyes key resistance at $0.5876. If buyers sustain pressure, next checkpoints include $0.63 and $0.79.


A separate Elliott Wave model suggests XLM is in its fifth wave, with potential upside extending toward the $2.00 mark - a level not seen in years.


On-chain data supports this resilience:


TVL remains near record highs at $146.75M


Stablecoin cap on Stellar just set an ATH at $678.75M


This combination of technical patterns and ecosystem strength underscores why Stellar remains a network with expanding adoption despite short-term turbulence.


#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#

image
August 18, 2025 at 1:13 PM
1
25
1
1