Stellar (XLM) Rises 5.32 Percent After Bullish Golden Cross Formed

Stellar (XLM) has seen a notable price rebound following the formation of a golden cross on the three-hour chart, a technical indicator that often signals a potential bullish trend reversal. The event occurred when the nine-day moving average crossed above the 26-day moving average, prompting renewed optimism among traders and investors. At press time, XLM was trading at $0.4132, reflecting a 5.32 percent increase in the past 24 hours [1].

The surge has been supported by a sharp rise in trading volume, which increased by 147.31 percent to $564.63 million. This spike in volume has heightened expectations that XLM could test the $0.50 resistance level, a key psychological barrier for the token. Analysts note that a successful break above $0.50 could set the stage for a move toward $0.77, according to technical projections from market analyst Ali Martinez [1].

XLM’s recent performance has outperformed the broader cryptocurrency market, which saw a 4.03 percent gain. The price climbed 6 percent from its earlier intraday low of $0.4103, reaching a high of $0.4287 before retreating slightly. This upward momentum has coincided with a broader market rally, as Bitcoin has held above $115,000, encouraging capital to flow into altcoins like XLM [1].

Technical indicators reinforce the current bullish bias. The Relative Strength Index (RSI) remains in a neutral to bullish range, and the Supertrend has flipped to a bullish signal, suggesting that the $0.46–$0.51 price zone may continue to attract buyers on dips. The Directional Movement Index (DMI) also shows positive momentum, with the +DI above the –DI and the ADX trending higher, indicating a strengthening bullish trend [1].

On-chain activity also suggests accumulation rather than panic selling, with net spot outflows remaining mild. While this supports the idea that long-term positioning is increasing, analysts caution that without a stronger follow-through in liquidity and volume, the rally’s sustainability remains uncertain [1].

The Fibonacci retracement levels offer a potential roadmap for XLM’s next move. A sustained close above $0.60 would confirm a breakout attempt and potentially drive the price toward $0.74, the 0.5 retracement level. However, a failure to maintain gains above $0.58 could trigger a retest of $0.55 and eventually $0.51, where key support levels converge [1].

Market participants remain cautiously optimistic about XLM’s short-term outlook. The recent golden cross has sparked renewed interest, but the token must maintain its momentum above $0.50 to avoid a potential reversal. Analysts emphasize that while the technical setup is favorable, volatility remains a key risk factor. The coming days will be crucial in determining whether the bullish thesis can hold [1].

Source:

[1] Arbitrum (ARB) Price Prediction for August 24, 2025 (https://cryptonews.net/news/analytics/31487529/)