Stellar (XLM) Rockets 110% in a Week, Eyes Key $0.515 Resistance

Stellar (XLM) Challenges $0.515 High After 110% Rally — What’s Next for the Bullish Crypto Asset?

Stellar (XLM) Surges 109.7% in a Week, Faces Resistance Near $0.515 High: A Technical Breakdown

Stellar (XLM) has recently challenged a key resistance level set back in mid-January 2025 at $0.515, following a powerful 109.7% rally within just one week. Despite this impressive bullish momentum, buyers appeared temporarily exhausted, resulting in a slight pullback as the crypto asset battles for further upside.

This price action unfolds amid a broadly bullish crypto market, with Bitcoin (BTC) firmly in price discovery mode, demonstrating strong upward conviction, and Ethereum (ETH) poised for a potential all-time high (ATH) surge before year-end, according to recent KriptoNovini.bg forecasts.

Stellar’s Weekly Chart: A Strong Bullish Structure in Place

Looking at the XLM/USDT weekly chart (source: TradingView), Stellar’s price structure highlights a sustained bullish trend:

• The first significant bullish structure break occurred in May 2025, signaling the start of upward momentum.

• Stellar then formed a higher high at $0.334 later in May and a higher low at $0.216 in June, confirming a healthy uptrend.

• Most recently, XLM’s price surged past the $0.334 resistance, aggressively testing the critical $0.515 level set earlier in the year.

This price action reflects strong buying conviction; however, an 11% rejection off the $0.515 level signals sellers are defending this area for now. This rejection may prompt a short-term correction.

How Deep Could Stellar’s Pullback Go? Mapping Retracement Zones

On the daily XLM/USDT chart, Fibonacci retracement analysis provides insight into potential correction targets:

• The recent rally from $0.216 to $0.516 serves as the basis for Fibonacci levels.

• A pullback to $0.28 represents a deep retracement but still maintains the weekly bullish structure, so this is the worst-case scenario.

• More likely, Stellar could find support near $0.364, which coincides with the 50% retracement level of the recent rally and previous highs from February.

Traders may consider this $0.364 zone as a prime demand area for entering or adding to positions on dips.

Technical Indicators Signal Continued Demand

Daily technical metrics do not yet signal an imminent deep pullback:

• The Accumulation/Distribution (A/D) line soared to new highs, indicating strong buying pressure and capital inflows over recent days.

• The Chaikin Money Flow (CMF) also confirms remarkable capital inflows, with readings comfortably above +0.05, a strong bullish sign.

Liquidity Zones and Risk Management: Insights From the Liquidation Heatmap

The CoinGlass liquidation heatmap reveals critical zones of market interest:

• To the downside, long liquidations cluster between $0.395 and $0.445, indicating potential stop-loss zones for buyers in the event of a pullback.

• Above the current price, a significant liquidity cluster forms just above $0.51, where sellers appear ready to defend resistance.

Given these liquidity pockets, traders must carefully manage risk. The market environment suggests:

• Minimal sideways consolidation;

• Price action likely to gravitate sharply toward these “magnetic” liquidity zones rather than drifting sideways, due to high speculative interest and active positioning.

Broader Market Context Supports Stellar’s Bullish Bias

• Bitcoin’s ongoing price discovery phase strengthens the overall crypto market’s bullish undertone.

• Ethereum is structurally poised for an extended rally, with KriptoNovini.bg highlighting potential for ETH to revisit or surpass its all-time highs by year-end.

• This positive macro backdrop often propels Layer 1 protocols and memecoins alike, including Stellar.

What Traders Should Watch Next

• Hold above $0.364: Maintaining support at or above the 50% retracement level will reinforce the bullish weekly structure.

• Volume and capital inflows: Continued strong volume alongside positive A/D and CMF readings will support further upward momentum.

• Resistance at $0.515: Breaking and sustaining above this level is key for XLM to extend its rally and potentially target higher resistance zones.

• Watch liquidation zones: Managing stop losses around $0.395–$0.445 is critical to protect positions during any correction.

Conclusion: Stellar’s Path Forward

After a blistering 109.7% surge in a week, Stellar now faces an important test of its resilience near $0.515. While the rejection shows some buyer fatigue, key technical factors and market conditions suggest that deeper corrections may be limited, with $0.364 emerging as a pivotal support zone.

Coupled with a strong bullish crypto environment led by Bitcoin and Ethereum, Stellar’s fundamentals and technical setup remain favorable. Traders should expect price action to remain dynamic, gravitating toward key liquidity zones rather than consolidating for long periods.

As always, careful risk management will be crucial to capitalize on XLM’s bullish trajectory while guarding against short-term volatility.

Dimitar Todorov publication: "Stellar (XLM) Rockets 110% in a Week, Eyes Key $0.515 Resistance" was written for 24crypto.news

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