From Coinpedia · By Yash Jain
Story HighlightsXLM's chart identifies $0.1456 as critical support for the potential bullish setup.
Reclaiming $0.1757 and breaking the descending trendline could strengthen the recovery scenario.
The chart projects possible targets at $0.23, $0.29, and $0.34, but a support breakdown would weaken the outlook.
Stellar (XLM) could have a bullish setup brewing, but there’s one level traders can’t afford to ignore. According to the chart, $0.1456 support could be the launchpad for a potential 135% rally toward $0.34. That’s the optimistic scenario, not a guaranteed payday.
XLM Price Prediction Hinges on $0.1456 Support
The chart identifies $0.1456 as a key support zone that XLM needs to defend before another recovery attempt can gain traction. Price action is approaching this area after pulling back from a previous rally, putting the next move firmly in focus.
If support holds, buyers may get another shot at pushing the token higher. But a sustained breakdown below $0.1456 would weaken the bullish setup and cast doubt on the projected recovery.
Reclaiming $0.1757 Could Change the Picture
The next major hurdle is $0.1757, a horizontal resistance level marked on the chart. Reclaiming it would be an important step toward challenging the larger descending trendline, which continues to hang over the price.
A breakout alone wouldn’t settle the argument. XLM would need to clear that trendline and successfully retest it as support to strengthen the reversal case. Without confirmation, bullish projections remain just that: projections.
Could Stellar Reach $0.23, $0.29, and $0.34?
The chart maps a potential climb toward $0.23, followed by $0.29 and eventually $0.34. The projected move measures approximately 135.47% from $0.1456, with several pullbacks along the way.
That path suggests a gradual recovery rather than a straight-line surge. Still, the forecast depends on support holding, resistance breaking, and buyers maintaining momentum.
For now, the XLM price prediction comes down to two critical levels: $0.1456 support and $0.1757 resistance. A confirmed breakout could put higher targets back in play. Lose support, and the bullish script needs rewriting.
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