Why Stellar (XLM) Could Hit $0.681 Soon: Traders Bet Big on Bullish Charts

Jonathan Swift
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7 Min Read

Stellar (XLM) is back in the spotlight as a potential cryptocurrency primed for a strong bullish breakthrough. With a current technical configuration indicating a rise toward the $0.681 goal, XLM is attracting fresh attention from traders and long-term investors. Multiple on-chain measures, chart patterns, and new partnerships, particularly the imminent PayPal stablecoin launch, are all pointing to a strong bullish argument.

The optimistic narrative is bolstered by a verified breakthrough from a multi-month wedge formation and an increase in open interest in futures markets. According to BeInCrypto experts, “Stellar price is showing all the signals of a parabolic move, especially after breaking key resistance zones around $0.43.” This shift isn’t just technological; it’s being fueled by real-world adoption and institutional integration, which is boosting market trust.

Historical Setup: From Volatility to Structure

Stellar has strived since its conception in 2014 to create a decentralized payments network with practical applications. However, its price journey has not been smooth. From early parabolic jumps to extended consolidations, XLM has mirrored the wider crypto market’s cyclical pattern. However, the present configuration varies in its base.

Historically, XLM has encountered significant opposition around the $0.40-$0.45 level. Previous attempts to break above have been greeted with selling pressure. This time, however, things are different. The continued bullish triangle formation and confirmation of higher lows indicate that momentum is shifting in its favor.

“XLM has consolidated for long enough,” claimed a technical analyst at The Market Periodical. “This breakout setup, paired with increased volume and institutional interest, makes the current Stellar price prediction more reliable than it’s been in years.”

Stellar price prediction
Source: Trading View

PayPal Launch and On-Chain Metrics Signal Strength

PayPal’s PYUSD integration is one of the most significant underlying drivers of Stellar price growth. The stablecoin will soon be launched on the Stellar blockchain, enabling global remittances to expand more effectively. This move allows Stellar to reach over 170 nations, significantly increasing its value and importance.

Meanwhile, derivatives data flashes green. According to CryptoQuant, XLM’s open interest has increased by more than 127% during the last two weeks. This kind of surge usually precedes substantial volatility. Analysts caution that although such increases may indicate a bullish continuation, they may also result in short-term pullbacks.

According to BeInCrypto’s most recent analysis, both the Chaikin Money Flow (CMF) and RSI indicators are bullish, with the RSI resting around 68. These indications support various experts’ positive predictions for Stellar’s price.

Stellar Price Table: Stellar’s Bullish Acceleration

DateClosing PriceWeekly HighSupport ZoneResistance Target
July 10$0.39$0.42$0.32–$0.36$0.44
July 12$0.43$0.45$0.39–$0.41$0.50
July 14$0.46$0.48$0.42–$0.44$0.681

Experts from Blockonomi predict that if XLM clears $0.50 and maintains volume, it could test $0.681 by August and potentially $1.29 in Q4, citing “multi-stage reversal patterns in long-term charts.”

Traders’ Outlook: Risk and Reward

For both investors and traders, the present configuration provides an unbalanced risk-reward profile. The breakthrough over $0.43 demonstrated bullish intent, but the price must remain above that level to continue the rally. Short-term traders may experience volatility owing to strong open interest; however, long-term investors may profit from consistent growth, particularly if new enterprise use cases are released.

Stellar Lumens

“Stellar price current momentum is more than just technical—it’s rooted in a real ecosystem that’s finally being recognized by the market,” said an IntoTheBlock analyst. That feeling is reflected on crypto forums and analyst desks, where the phrase Stellar price prediction is gaining currency once again.

Summary: The Road to $0.681 and Beyond

Stellar price trajectory indicates a lengthy bullish trend. With the $0.681 objective in sight, a mix of strong technical indicators, optimistic mood, and adoption news is powering the upward trend. If the asset continues to acquire institutional interest and real-world value via PayPal and other interfaces, its long-term prognosis may extend much beyond the $1 level.

As XLM reclaims its place in the crypto limelight, traders and investors should be vigilant. The next several weeks may determine whether Stellar becomes a short-term trade or a long-term powerhouse.

FAQs

What is the current Stellar price prediction?
Analysts predict a short-term target of $0.681, with longer-term projections reaching up to $1.29 based on current chart structures.

Why is Stellar gaining momentum?
The upcoming PayPal stablecoin launch on Stellar’s blockchain, along with technical breakout patterns, has driven renewed interest in XLM.

Is now a good time to invest in Stellar (XLM)?
While the technical setup is bullish, investors should weigh risk against potential, especially in volatile conditions tied to high open interest.

How does PayPal impact Stellar’s price?
The integration significantly boosts Stellar’s real-world utility, especially in the global remittance market, enhancing investor confidence.

Glossary of Key Terms

Stellar (XLM): A blockchain-based payment network designed for fast, low-cost cross-border transactions.

Open Interest: The total number of outstanding derivative contracts; a rise can indicate growing market engagement.

Chaikin Money Flow (CMF): An indicator measuring the money flow volume over a specific period, used to identify buying and selling pressure.

Ascending Triangle: A bullish technical pattern formed by rising lows and horizontal resistance, typically indicating upward breakout potential.

Stablecoin: A type of cryptocurrency pegged to a stable asset (like USD), used to reduce volatility in transactions.

Sources:

BeInCrypto

CCN.com

The Market Periodical

CryptoQuant

IntoTheBlock

Disclaimer

The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.

You should conduct your own research and consult with a qualified financial advisor before making any investment decisions. The Bit Journal does not guarantee the accuracy, completeness, or reliability of any information provided in the price predictions, and we will not be held liable for any losses incurred as a result of relying on this information.

Investing in cryptocurrencies carries risks, including the risk of significant losses. Always invest responsibly and within your means.

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A crypto writer with an understanding of blockchain technology. Skilled in simplifying complex topics for diverse audiences, from beginners to experts. Because I believe in words as they are the children of mind.
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