Stellar (XLM) is showing strong bullish momentum — it has broken through key resistance levels and is now testing the main breakout zone. A decisive move above this level could confirm the breakout and trigger a rally.
📈 First target: 61.8% Fibonacci retracement
🔒 Strong confluence at this Fib level, which could act as the first major take-profit zone.
📊 Outlook:
The RSI is bullish, supporting the current momentum. If the breakout is confirmed with volume, XLM may enter a sustained uptrend — great potential for HODLers and long-term traders.
💡 Watch for a strong candle close above resistance to validate the move.
📈 First target: 61.8% Fibonacci retracement
🔒 Strong confluence at this Fib level, which could act as the first major take-profit zone.
📊 Outlook:
The RSI is bullish, supporting the current momentum. If the breakout is confirmed with volume, XLM may enter a sustained uptrend — great potential for HODLers and long-term traders.
💡 Watch for a strong candle close above resistance to validate the move.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.