|

Stellar Price Prediction: XLM faces one last barrier before $0.84

  • Stellar price has just defended a key support level on the 12-hour chart.
  • The digital asset aims for a significant rebound towards $0.60 as it faces only one resistance barrier.
  • The overall momentum remains bullish for Stellar.

Stellar price is closer than ever to its previous all-time high of $0.85, established on January 3, 2018. The digital asset established a robust uptrend since the beginning of 2021 and aims for new all-time highs in the near future. 

Stellar price defends support level and targets $0.6

On the 12-hour chart, XLM bulls defended the critical 12-EMA support level, which has been a significant guide for Stellar price since January 28. The only resistance level is located at $0.52 at the 78.6% Fibonacci level.

xlm price

XLM/USD 12-hour chart

A breakout above this point should quickly push Stellar price towards $0.60. The next potential price targets are $0.71 at the 127.2% Fib level and finally $0.84 at the 161.8% fib level.

On the other hand, losing the 12-EMA support level will push Stellar price down to $0.46 again and $0.418 at the 50% Fibonacci level. Losing this significant support level can drive the digital asset towards $0.37.

Author

Lorenzo Stroe

Lorenzo Stroe

Independent Analyst

Lorenzo is an experienced Technical Analyst and Content Writer who has been working in the cryptocurrency industry since 2012. He also has a passion for trading.

More from Lorenzo Stroe
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

XRP rebounds amid ETF inflows and declining retail demand demand

XRP rebounds as bulls target a short-term breakout above $2.00 on Friday. XRP ETFs record the highest inflow since December 8, signaling growing institutional appetite.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

World Liberty Financial recovers as community votes to unlock treasury funds for USD1 adoption

World Liberty Financial recovers over 3% on Friday, holding ground at a key support trendline. Community begins voting to unlock roughly 5% WLFI treasury funds to incentivize USD1 stablecoin adoption.

Crypto Today: Bitcoin, Ethereum, XRP rebound amid bearish market conditions

Bitcoin (BTC) is edging higher, trading above $88,000 at the time of writing on Monday. Altcoins, including Ethereum (ETH) and Ripple (XRP), are following in BTC’s footsteps, experiencing relief rebounds following a volatile week.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.