Stellar Price Rises on Visa Partnership and Bullish Technical Signals

Stellar (XLM) is gaining attention as technical and fundamental indicators align for a potential price breakout. A bullish flag pattern has emerged on XLM’s price chart, suggesting the continuation of an upward trend following a recent rally from $0.22 to $0.46. The retracement has held firm near the 0.786 Fibonacci level at $0.4126, indicating that the consolidation phase may be nearing its end [1]. The structure of the flag, combined with higher lows and a stable base, strengthens the case for a move above key resistance levels. XLM is currently retesting a multi-year resistance from 2018, with accumulation activity signaling growing bullish momentum [2].

Technical analysts have highlighted the significance of a daily close above $0.70, which could trigger a stronger upward move beyond $0.80 [1]. Some analysts forecast that if institutional adoption continues to expand, XLM could reach as high as $1.50 [1]. However, these projections remain contingent on broader market conditions and require confirmation through sustained price action above critical resistance levels such as $0.45 [2].

In a major development, Visa has integrated Stellar into its global stablecoin settlement network, joining platforms like Ethereum, Solana, and Avalanche [1]. This partnership allows XLM to facilitate real-time cross-border transactions on a regulated platform, marking a significant step toward mainstream adoption. Scopuly, a Stellar Wallet, described the move as a “real-world power move,” noting that it adds legitimacy and utility to the Stellar network [2]. Unlike many speculative cryptocurrencies, Stellar’s technology is being applied to tangible financial services, including stablecoin settlements and remittance solutions [1].

The convergence of strong technical patterns and institutional backing is fueling growing investor interest. With XLM approaching key resistance levels, traders are watching for confirmation of a breakout in the coming sessions. A successful move beyond $0.50 could set the stage for further gains toward $0.62 and ultimately $0.80 [2].

Source: [1] AInvest, [https://www.ainvest.com/news/visa-adds-stellar-settlement-platform-xlm-price-dip-iso-20022-play-emerges-2508/](https://www.ainvest.com/news/visa-adds-stellar-settlement-platform-xlm-price-dip-iso-20022-play-emerges-2508/)

[2] insidebitcoins.com, [https://insidebitcoins.com/sponsored/next-cryptocurrency-to-explode-1-august-tezos-stellar-siacoin](https://insidebitcoins.com/sponsored/next-cryptocurrency-to-explode-1-august-tezos-stellar-siacoin)