The post Stellar (XLM) Maintains Parabolic Setup as Analysts Eye $3.30 Upside Targets appeared on BitcoinEthereumNews.com.

Stellar is regaining momentum after recent turbulence, with analysts highlighting that its long-term parabolic structure remains intact despite earlier volatility. The asset’s ability to hold above key exponential moving averages (EMAs) is fueling optimism among traders who view the latest rebound as a potential springboard toward the next major rally phase. XLM Holds Strong Within Parabolic Curve Formation Analyst ChartNerd noted on X that the coin’s parabolic curve setup remains structurally sound, even after recent pullbacks. The chart illustrates a long-term wave pattern supported by critical EMAs (20 and 55), suggesting the uptrend has not been invalidated. According to ChartNerd, targets between $1.50 and $3.30 remain achievable within the current cycle, with $8.00 cited as a possible “max euphoria” level if momentum accelerates during a full bullish expansion. Source: X The broader pattern aligns with a typical Elliott Wave structure, where corrections are followed by renewed impulsive rallies. As the asset continues to trade within its parabolic curve, traders interpret this as a healthy consolidation before the next upward phase. This resilience underscores growing market confidence in the cryptocurrencies’ long-term potential as an established Layer-1 network maintaining steady ecosystem development. Market Performance Reflects Steady Rebound According to BraveNewCoin data, Stellar is currently trading at $0.34, up 5.80% over the past 24 hours, with a market capitalization of $10.95 billion. This rebound follows a volatile period earlier in October when the coin briefly dipped below key support levels before recovering. Trading volume has remained robust at over $347 million, indicating that buyers are stepping back into the market after recent consolidation phases. Source: BraveNewCoin The renewed strength in price aligns with the coin’s broader role in the digital payments and cross-border settlement ecosystem, where ongoing development and adoption continue to support long-term value growth. As traders refocus on assets with strong…

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Filed under: News - @ October 14, 2025 1:25 am