After months of correction, Stellar network’s native asset XLM is showing signs of stabilization. While the price remains well below previous peaks, technical indicators suggest that selling pressure has eased and buyers are actively defending key support zones.
Uptrend depends on higher lows
Market analyst Javon Marks emphasizes that maintaining a pattern of higher lows is crucial for XLM’s bullish outlook. He notes that as long as this trend continues, there is potential for a strong breakout, with the price possibly reaching $0.681. This would represent an increase of more than 294% from current levels.
Javon Marks assesses that if XLM continues to establish higher lows, this technical structure could bring the $0.681 level into focus as a key target.
The monthly XLM/USDT chart reveals a wave-like pattern seen in previous cycles. Historically, long periods of decline have been followed by accumulation phases and sharp rallies. Currently, the rounded bottom formation since the 2025 highs signals a weakening in selling pressure as buyers gradually return to the market.
Although the price is still trading below its descending trendline, breaking above this line could pave the way for a move towards the $0.68 to $0.70 range. In a broader bullish scenario, the $1.20 to $1.25 band is also being monitored as a future target zone.
Support levels and wave analysis
Trend Serra Capital presents a similar technical perspective, suggesting through Elliott Wave Analysis that XLM may have reached the final stage of Sub-Wave 2. Should support hold, they believe Wave 3 could commence, potentially signaling the start of a new upward move.
Glossary: Elliott Wave Analysis is a technical approach that argues price movements unfold in repeating waves, shaped by investor psychology. Fibonacci levels are ratios used to identify probable support and resistance zones.
The analysis highlights $0.139 as the main support for XLM. Maintaining a price above this level is seen as critical to preserving the bullish structure. Conversely, reclaiming the $0.30 level would provide stronger confirmation of a trend reversal.
Intermediate support levels are noted at $0.204, $0.186, and $0.164. While these zones could attract new buyers, a dip below $0.139 would undermine the upward outlook.
On-chain activity and ecosystem growth
Technical indicators are further reinforced by on-chain data. The network averages around 51,500 daily active addresses, demonstrating continued engagement even during periods of weak market performance.
Observer Vijay highlights notable growth in Stellar’s real-world asset segment. Over the last five quarters, the total value of assets on the network has jumped from $760 million to $3.35 billion, driven by tokenized treasury products, credit instruments, gold, and stablecoins. Stellar is recognized as a blockchain focused on cross-border payments and asset tokenization.
