Stellar Lumens (XLM) has been making significant strides recently, with its price rising 2.9%, traders displaying support at $0.343, and a potential for an explosive breakout amid market turbulence. Despite XLM's liquidity sweep raising concerns, recent developments such as Stellar's upgrade and its inclusion in Goldman Sachs' stablecoin growth report could stimulate the market. Other significant news includes Remittix's recognition as the potentially next big PayFi coin and the possibility of XLM overtaking Ripple's XRP in value soon.
Concerns remain over Stellar's ability to handle volume spikes, displayed when its trading was paused on major exchanges due to an upgrade. Also, pessimistic predictions indicate the potential for a 5% plunge before a sharp recovery. However, chart patterns suggest the XLM coin might surge from $0.38 to $1, and possibly achieve a $3 break out due to Q4/Q1 2026 projections.
Despite XLM and TRX's loss of momentum giving way to a turn towards GameFi, XLM could trend towards a multi-month high. Still, potential bearish trends could see Stellar eyeing $0.33 support. Conversely, bullish patterns suggest rally targets ranging from $0.44 to $1. XLM could capitalise on the ETF effect and hit a historic $10 milestone. A potential multi-month high could also be on the horizon as the XRP-SEC case concludes, which could drive XLM's position higher.
XLM Coin News Analytics from Fri, 30 May 2025 07:00:00 GMT to Wed, 03 Sep 2025 19:45:25 GMT -
Rating 5
- Innovation -3
- Information 2
- Rumor 4
