{"id":88473,"date":"2025-08-14T15:54:44","date_gmt":"2025-08-14T15:54:44","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=88473"},"modified":"2025-08-14T15:54:44","modified_gmt":"2025-08-14T15:54:44","slug":"is-this-the-xlm-breakout-bulls-have-been-waiting-for","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=88473","title":{"rendered":"Is This the XLM Breakout Bulls Have Been Waiting For?"},"content":{"rendered":"

TL;DR<\/p>\n

XLM is holding below $0.50 with strong volume and a classic bullish reversal chart forming.<\/span>
\nStellar now has 9.69 million active wallets, gaining 5,000\u20136,000 new addresses every day.<\/span>
\nThe price targets after breakout sit at $0.60, $0.72, and $0.77, based on Fibonacci extensions.<\/span><\/p>\n

XLM Builds Strong Base with Classic Chart Pattern<\/h2>\n

Stellar (XLM) was trading at $0.43 at press time, with a 5% drop in the last 24 hours. Over the past 7 days, it\u2019s up by 2.5%. Trading volume has reached $668 million, showing steady interest despite short-term dips.<\/span><\/p>\n

A recent chart posted by crypto analyst Ali Martinez shows an inverse head and shoulders forming on the daily timeframe. This structure has a left shoulder in January, a head around late April, and a right shoulder forming now in August.\u00a0<\/span><\/p>\n

Inverse head and shoulders on Stellar $XLM<\/a>. Break $0.50 and $0.77 is next! pic.twitter.com\/TcgY4bChWS<\/a><\/p>\n

\u2014 Ali (@ali_charts) August 13, 2025<\/a><\/p>\n\n

Notably, the neckline sits near $0.50, a level that has drawn attention from traders waiting for a breakout.<\/span><\/p>\n

XLM\u2019s price<\/span><\/a> is trading near $0.45, close to the 0.786 Fibonacci level. The $0.50 mark is acting as a key resistance. A strong move above this point could open the door for further upside.<\/span><\/p>\n

Fibonacci extensions imply that the price may reach $0.60 (1.272), $0.72 (1.618), and $0.77 (1.786). These levels tend to be followed to determine price action following a breakout. Several traders are waiting to see whether the price can close above the neckline, targeting high volume.<\/span><\/p>\n

On-Chain Activity Supports Growing Interest<\/h2>\n

Crypto analyst Steph Is Crypto <\/span>reports<\/span><\/a> that Stellar now has 9.69 million accounts, with 5,000\u20136,000 new addresses being added daily. This growth reflects steady adoption and increased usage of the network.<\/span><\/p>\n

<\/a>Source: X<\/p>\n

While price and chart setups are in focus, network activity often shows how much attention a project is getting. Rising wallet creation can reflect fresh demand, which may play a role in price movement over time.<\/span><\/p>\n

Past Support Still Relevant<\/h2>\n

Last month, analyst Peter Brandt <\/span>called<\/span><\/a> Stellar one of the more promising charts. He notes that the price needs to stay above the April low, near $0.22, and eventually close above $1 to break out of the broader range.<\/span><\/p>\n

Meanwhile, another voice in the market, @Xfinancebull, <\/span>pointed out<\/span><\/a> that XLM has already gained over 150% from its earlier lows. He claims this move was predictable based on chart signals and market sentiment at the time.<\/span><\/p>\n

Now, with the price sitting just below $0.50, all eyes are on whether Stellar can clear this level and continue upward.<\/span><\/p>\n

The post Is This the XLM Breakout Bulls Have Been Waiting For?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR XLM is holding below $0.50 with strong volume and a classic bullish reversal chart forming. Stellar now has 9.69 million active wallets, gaining 5,000\u20136,000 new addresses every day. The price targets after breakout sit at $0.60, $0.72, and $0.77, based on Fibonacci extensions. XLM Builds Strong Base with Classic Chart Pattern Stellar (XLM) was […]<\/p>\n","protected":false},"author":0,"featured_media":88474,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-88473","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/88473"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=88473"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/88473\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/88474"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=88473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=88473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=88473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}