Peter Smith
Stellar is sitting right where it matters most. After getting beaten down in a descending channel for weeks, XLM has landed at a support zone that's been tested multiple times - and so far, it's holding. We're talking about the $0.32-$0.34 range that's acted as a floor based on previous price action. Right now, XLM is trading around $0.35, which puts it smack in the middle of this critical zone.
Key Levels That Matter:
The math is pretty straightforward here. If buyers can keep defending this level, we're looking at a potential run to $0.38 first, then the main target of $0.44. That's a clean 22% upside from current levels - not too shabby for what's been a beaten-down asset.
- Support zone: $0.32–$0.34 (where the real battle is happening)
- First resistance: $0.38 (short-term target)
- Main target: $0.44 (the big prize)
Here's where it gets interesting. According to Crypto | #1 Free Signals, U.S.-regulated ETF exposure might be the catalyst XLM needs. As regulatory clarity improves, mid-cap coins like Stellar could see serious inflows from institutional money that's been sitting on the sidelines. That's the kind of fundamental backdrop that can turn technical setups into real moves.
The Bottom Line
This is a classic risk-reward setup. Hold the support, and XLM likely rockets toward $0.44. Break below, and we're probably looking at a retest of $0.32 or worse. Right now, the buyers seem committed to defending this level, which keeps the bullish case alive. But in crypto, nothing's guaranteed until it actually happens.
Peter Smith
