Analysts believe both assets are entering a growth phase, showing stronger confidence in blockchain payments and positioning them for market leadership.They highlight rising investor interest, suggesting the tokens could lead the next phase of altcoin expansion.

XLM and XRP Show Parallel Momentum

Analyst Zain Haider noted that Stellar and Ripple (XRP) are showing synchronized movements, pointing to renewed strength in both assets. These two tokens remain closely tied to cross-border payment use cases, and their recent price activity reflects growing interest in blockchain networks designed for settlement solutions.

XLMUSD Chart | Source:x

The daily chart shows the token climbing above $0.40 after rebounding from levels near $0.34. This movement supports Haider’s view of the token “waking up,” with trading activity showing clear momentum. The token briefly reached above $0.41 before settling near its current price, confirming active participation around a key zone of support and resistance.

Price Action and Market Data

At press time, Stellar is priced around $0.40, reflecting a marginal decline of 0.19% over the past 24 hours. The daily trading range moved between $0.394 and $0.414, showing periods of intraday volatility before prices stabilized near the $0.40 mark. While buyers attempted to extend the rally, overhead pressure around $0.41 contained the upward momentum.

XLMUSD 24-Hr Chart | Source: BraveNewCoin

Trading volume reached $381.6 million, with heightened activity recorded during the upswing phase. Momentum tapered off as the token consolidated near $0.40, suggesting buyers and sellers are currently balanced. Market capitalization stands near $12.9 billion, with a circulating supply of over 31.9 billion keeping the asset within the top tier of cryptocurrencies by overall value.

Key Support and Resistance Levels

Technical data indicates that its near-term support rests around $0.395, which has prevented deeper pullbacks despite short-term selling pressure. Holding above this level may keep sentiment stable, while a push above $0.41–$0.42 could mark the next retest of resistance. The daily chart also shows the moving averages aligning around current price levels, offering additional confirmation that the $0.38–$0.40 zone remains pivotal for traders.

The chart data further confirms that previous declines were met with strong rebounds, keeping the asset within a narrow but constructive trading range. Sustaining this pattern could keep it on track for a more extended upward move if momentum strengthens. For now, the stabilization near $0.40 reflects a holding phase where investors await new signals for direction.

Bull Flag Breakout Points to Higher Targets

Analyst Steph Is Crypto observed that the asset recently broke out of a bull flag formation, a technical pattern often regarded as a continuation signal following strong rallies. After surging earlier in the year, the token consolidated in a downward-sloping channel before completing a breakout move to the upside.

XLMUSD Chart | Source:x

Based on measured move theory, the breakout projects a potential price target around $0.75, nearly 80% above current levels. This aligns with the length of the prior rally being added to the breakout point, supporting the case for extended momentum. Traders may look for confirmation through sustained volume increases and consistent daily closes above resistance to validate the bullish setup.

The technical structure places the asset in a position where continuation is possible, provided the current support zones hold firm. Broader market sentiment also favors altcoins, making Stellar’s breakout a key marker for tracking strength in payment-focused digital assets.This move could serve as a reference point for assessing near-term performance across settlement-driven cryptocurrencies.

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Filed under: Bitcoin - @ October 3, 2025 9:25 pm