- Stellar (XLM) trades at $0.3926, up 8.29% weekly, with trading volume jumping 25.66%.
- Breakout above $0.37–$0.38 points toward bullish targets at $0.45–$0.52.
- Derivatives data shows strong market participation, supporting the bullish case.
Stellar (XLM) has been flashing real strength lately, riding on the back of renewed optimism in the crypto market. Over the past 24 hours, the token stayed steady, while the last week delivered an 8.29% gain. At press time, XLM is trading at $0.3926, with trading volume spiking 25.66% to $332.04 million. Its market cap now stands at a healthy $12.47 billion.
The broader market has also flipped bullish, thanks to Bitcoin’s latest push upward. That move has reignited investor confidence across digital assets, sparking rallies in altcoins like Stellar and ONDO.
Stellar Breakout Analysis: XLM Price Targets $0.45 and $0.52
Crypto analyst CryptoPulse noted that Stellar has finally broken above a descending triangle pattern—a setup that often hints at the start of a new uptrend. The breakout zone at $0.37–$0.38 is now a crucial support level. If XLM holds this line, analysts believe it could lay the groundwork for a much bigger rally.
Upside targets to watch include $0.45 and $0.52. These levels could attract profit-taking, but clearing them would confirm solid bullish momentum. On the flip side, if the breakout fails, the next key support sits at $0.36, where another attempt at recovery might form.
Stellar Derivatives Data Signals Bullish Momentum
On the derivatives side, market activity is heating up. Open interest rose 3.68% to $360.01 million, signaling a steady inflow of capital. At the same time, trading volume shot up 37.24% to $438.69 million, showing that both retail and pro traders are jumping in.
Interestingly, the OI-weighted funding rate stayed flat at 0.0082%. That suggests positioning is balanced for now, with neither longs nor shorts dominating. In other words, the market is braced for a move—waiting for the next catalyst to decide direction.
XLM Price Outlook: Will Stellar Break Resistance and Rally Higher?
Stellar’s technical breakout, combined with surging volumes, paints a bullish picture. If buyers defend the breakout zone, the path toward $0.52 looks increasingly likely. For now, traders are watching whether momentum can keep pace with the surge in derivatives activity.
