- Stellar price trades above $0.45 on Friday after rallying more than 32% so far this week.
- On-chain data paints a bullish picture as XLM Open Interest and TVL are rising.
- A daily candlestick close below $0.31 would invalidate the bullish thesis.
Stellar (XLM) extends its gains, trading above $0.45 on Friday after rallying more than 32% this week. On-chain data indicates further rally as XLM’s Open Interest (OI) and Total Value Locked (TVL) rise. Additionally, the technical outlook suggests a rally continuation projection of further 40% gains.
Stellar bulls aim for a 40% rally
Stellar price found support around the $0.31 daily level on Monday and rallied more than 27% in the next three days. At the time of writing on Friday, it continues to trade higher by 4%, around $0.45.
If XLM continues its upward trend, it would extend the rally by 40% to retest its November 24, 2024, high of $0.63.
The Relative Strength Index (RSI) on the daily chart reads 60, above its neutral value of 50 and points upwards, indicating a bullish momentum. The daily chart's Moving Average Convergence Divergence (MACD) indicator shows a bullish crossover on Tuesday. The MACD (blue line) crosses over the signal line (orange line), giving buy signals and suggesting an upward trend.
XLM/USDT daily chart
Coinglass’s data shows that the futures’ Open Interest (OI) in XLM at exchanges rose from $126.86 million on Wednesday to $274.11 million on Friday, reaching the highest level since December 10, 2024. An increasing OI represents new or additional money entering the market and new buying, which suggests a rally ahead in the Stellar price.
Stellar Open Interest chart. Source: Coinglass
Data from crypto intelligence tracker DefiLlama data shows XLM’s TVL increased from $44.95 million on Tuesday to $54.59 million on Friday and has been constantly rising since the end of December 2024.
This increase in TVL indicates growing activity and interest within the Stellar ecosystem. It suggests that more users deposit or utilize assets within XLM-based protocols, adding credence to the bullish outlook.
Stellar TVL chart. Source: DefiLlama
However, the bullish thesis would be invalidated if Stellar’s daily candlestick closes below $0.31; XLM would extend the decline to retest its next support level at $0.29, its 100-day Exponential Moving Average (EMA).
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Recommended Content
Editors’ Picks

Bitcoin, Ethereum and XRP steady as China slaps 125% tariff on US, weekend sell-off looming?
The Cryptocurrency market shows stability at the time of writing on Friday, with Bitcoin (BTC) holding steady at $82,584, Ethereum (ETH) at $1,569, and Ripple (XRP) maintaining its position above $2.00.

Bitcoin Weekly Forecast: Market uncertainty lingers, Trump’s 90-day tariff pause sparks modest recovery
Bitcoin price extends recovery to around $82,500 on Friday after dumping to a new year-to-date low of $74,508 to start the week. Market uncertainty remains high, leading to a massive shakeout, with total liquidations hitting $2.18 billion across crypto markets.

Bitcoin, Ethereum, Dogecoin and Cardano stabilze – Why crypto is in limbo
Bitcoin, Ethereum, Dogecoin and Cardano stabilize on Friday as crypto market capitalization steadies around $2.69 trillion. Crypto traders are recovering from the swing in token prices and the Monday bloodbath.

Can FTX’s 186,000 unstaked SOL dampen Solana price breakout hopes?
Solana price edges higher and trades at $117.31 at the time of writing on Friday, marking a 3.4% increase from the $112.80 open. The smart contracts token corrected lower the previous day, following a sharp recovery to $120 induced by US President Donald Trump’s 90-day tariff pause on Wednesday.

Bitcoin Weekly Forecast: Market uncertainty lingers, Trump’s 90-day tariff pause sparks modest recovery
Bitcoin (BTC) price extends recovery to around $82,500 on Friday after dumping to a new year-to-date low of $74,508 to start the week. Market uncertainty remains high, leading to a massive shakeout, with total liquidations hitting $2.18 billion across crypto markets.

The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.