Stellar Surpasses 100% Gains Hitting $0.4746 With $0.574 Next Target

Generated by AI AgentCoin World
Saturday, Aug 16, 2025 10:38 pm ET1min read
XLM
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Aime RobotAime Summary

- Stellar (XLM) hit $0.4746, confirming its second price target with over 100% gains from the $0.227 accumulation zone.

- Technical analysis highlights a bullish wedge pattern and Fibonacci alignment in the $0.1587–$0.227 accumulation range, validating the breakout.

- The next target at $0.574 remains key if the current consolidation below $0.475 breaks, potentially extending the upward trend.

- A clean $0.475 breakout could accelerate XLM toward $0.574, while rejection may trigger further consolidation before renewed attempts.

Stellar (XLM) has marked a significant price milestone as it reached $0.4746, confirming its second upside target and delivering over 100% gains from the accumulation zone around $0.227[1]. The weekly chart analysis highlights a strong bullish momentum after months of consolidation, with the price surging from $0.227 to $0.4746[1]. This rally follows a well-defined accumulation pattern between $0.1587 and $0.227, which aligned with key Fibonacci levels and formed a strong reversal base[1].

Technical indicators suggest that this zone was a prime accumulation area, supported by a falling wedge pattern that reinforced the likelihood of a bullish breakout[1]. The price’s rapid ascent from this range confirms the strength of the buildup, with the second target being clearly validated. Investors who entered near the lower end of this range have seen substantial returns, with the price doubling from its entry point[1].

The chart also indicates that the next potential target for

Stellar
is $0.574, labeled as the third target (T3) on the weekly chart[1]. This level remains a critical milestone should the bullish momentum persist. Traders are now closely watching for a clean breakout above the current resistance near $0.475, which would serve as confirmation for the next leg of the upward move[1].

Currently, Stellar is consolidating just below $0.475, and the behavior at this level will be crucial in determining the short-term direction of the asset[1]. A confirmed breakout could accelerate the price toward the $0.574 level, while any rejection may lead to further consolidation before another attempt to push higher[1]. The weekly structure remains intact, with higher lows and attempts at higher highs suggesting that the broader bullish trend could extend if resistance at $0.475 eventually gives way[1].

The weekly chart update from market analysts emphasizes that the rally from the accumulation zone has transitioned into a structured breakout phase, with the price showing decisiveness as it moves toward the second target[1]. The confirmation of T2 at $0.4746 marks a significant technical validation, reinforcing the potential for further upside.

Source:

[1] Stellar XLM Hits $0.4746 as Chart Points to Next Target at $0.574

https://cryptonewsland.com/stellar-xlm-hits-0-4746-as-points-at-0-574/