TLDR:
- XLM price rebounded sharply from $0.39, signaling strong demand and renewed bullish momentum.
- Resistance at $0.4317 is the key hurdle before XLM can target $0.48 and $0.53.
- Analysts highlight $0.3660–$0.3790 as crucial support for sustaining XLM’s bullish structure.
- Rising trading volume supports the case for an imminent breakout above $0.43 resistance.
Stellar’s price has lately bounced from a level traders couldn’t ignore. Buyers stepped in at $0.39 and forced a quick reversal.
Now, XLM sits near $0.43, a line that could decide its next big move. Momentum is building fast, and volume is backing it up. If bulls hold their ground, higher levels may come into view sooner than expected.
Strong Recovery From $0.39 Support
Suzzy, a crypto trader, pointed out that XLM reversed sharply from the $0.3813 to $0.39 zone. This bounce came with clear buying pressure and strong green candles on the 4-hour chart. Price now presses against resistance at $0.4317, which has become the first level to watch for a breakout.
$XLM bounced from key support at $0.39 and is now eyeing a breakout above $0.43.
If momentum holds, next targets are $0.48 and $0.53. Strong volume backing the move. pic.twitter.com/vDbWjPIKKA
— Suzzy | DeFi🧞♀️ (@SuzzyDefi) August 4, 2025
If XLM clears this barrier, Suzzy expects a push toward $0.48 and possibly $0.53. Her outlook matches the increasing volume trend, which often signals sustained interest from traders.
Meanwhile, analyst Tom B noted a possible Head and Shoulders formation. He highlighted support between $0.3660 and $0.3790 as a key area that needs to hold. If it does, he sees a bounce toward $0.42, with a potential continuation to $0.5206 once the neckline breaks.
Tom also cautioned that bears still influence the market, but this pattern could turn the tide. For now, XLM hovers near $0.4146, showing a 4.22 percent gain in the past 24 hours despite a slight weekly decline.
$XLM – Possible Head and Shoulders Setup
The price of $XLM is showing a potential Head and Shoulders pattern, currently building the right shoulder as it consolidates near the support zone.
What am I watching out for here:
If the price holds above the current support zone… pic.twitter.com/eQesVuH2vn
— 🅰️TOM 𝐁 (@aT0m_B) August 4, 2025
Key XLM Price Levels to Watch
Immediate resistance remains at $0.4317, where price is currently consolidating.
A clean breakout could trigger a strong rally toward $0.4820 and $0.5324, aligning with both analysts’ projections. On the downside, $0.3813 stands as the main support level, followed by $0.3310 as a deeper cushion.
Traders are watching these levels closely because they define whether XLM’s short-term momentum continues or fades.
Stellar’s bounce from $0.39 has set a clear tone. Buyers are stepping up, but $0.43 is still the hurdle. Volume shows conviction, and if that momentum holds, $0.48 and $0.53 are back in play. For now, the market waits for confirmation.