Stellar trades at $0.4335, higher than 50- and 200-day EMAs, indicating a macro bullish reversal.

Volume spiked 276% to $2.23B, with futures open interest hitting $281M, showing strong market conviction.

XLM eyes $0.63 target after clearing patterns; potential breakout could push it toward $1.29 long-term.

Stellar (XLM) is attracting attention after confirming a breakout above a crucial daily support/resistance flip,  according to technical insights shared by TheBreakoutZone. Technical analysis reveals a possible retracement back into the $0.32–$0.34 range, presenting the neatest bullish continuation. 

The region blends existing resistance, new demand, and rising trendline support, making it an important confluence spot. Bulls may see this level as the best low-risk entry point for positioning before the next move higher.

Trading at $0.4335 at the moment, the XLM is in an overpowering position above the 50-day and 200-day exponential moving averages. The crossover signals a macro reversal that is bullish. Additionally, the volume has skyrocketed 276%, with 24-hour trading totaling $2.23 billion, affirming market belief behind the rise.

Stellar Breaks Out of Bullish Patterns

XLM has added 50% since June, most recently trading at $0.3314, its best level since March. It posted a 14.55% day gain, and trading activity tripled. These numbers signal building institutional and retail demand, boosted by surging futures open interest and inflow on major exchanges such as Binance and Bitget.

Bullish supporting factors add to the argument further. Stellar’s total value locked (TVL) in DeFi reached $104 million, an all-time high. At the same time, stablecoin supply on the network continues to ascend, boosting liquidity and utility. Futures open interest reached $281 million, indicating a strong appetite for risk and growing long positions.

Also Read: XLM Eyes $0.46–$0.50 Following Stellar Protocol 23 Hype

Is $0.63 the Next Big Target?

The immediate area of resistance is between $0.42 and $0.45, an area of historical supply and weakening momentum. If bulls hold their ground, XLM may reach $0.50 shortly. This level is in line with trend continuation objectives from the June rally. 

Above $0.50, the focus is $0.63, which is 60% of the breakout entry in the pullback. As analyst predict that a further breakout could drive XLM to $0.681, a key inefficiency zone, and even up to $1.29 over the longer term. This would mark the full recovery to multi-year highs, completion of the full bullish cycle.

Also Read: Stellar (XLM) Breaks Out: Volume, Open Interest Back Move Toward $0.35

Disclaimer: This article is based on real-time market data and general technical observations. It does not constitute financial advice. Always conduct your own research before making investment decisions.

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Filed under: Bitcoin - @ July 13, 2025 6:15 pm