XLM Posts a 15% Boost in Price - Could $0.60 Be the Next Goal?
Investors and long-term holders are accumulating Stellar (XLM) tokens, as evidenced by data from CoinGlass. This accumulation has resulted in traders building a net long position of $18.81 million on XLM, with an additional $22.27 million worth of long positions at present. Simultaneously, traders have built $3.46 million worth of short positions on XLM.
The current trading price of XLM in August 2025 is around $0.43–$0.45. Many technical analysts expect a breakout above $0.47, targeting a range of $0.50 to $0.70, supported by an anticipated bullish continuation if key resistance levels are broken.
The upcoming Protocol 23 upgrade, planned for August 2025, is expected to enhance network throughput to 5000 transactions per second and lower fees, likely attracting developer and institutional interest. This upgrade could potentially push XLM prices beyond the predicted range.
InvestingHaven offers a bullish scenario reaching up to $0.87, with potential upside extending even toward $1.29 as per Coinpedia. More cautious predictions range from $0.26 to around $0.53, reflecting uncertainty about market volatility and competition.
Recent insights also suggest that over $2 million worth of XLM tokens have left exchanges in the past 24 hours, indicating potential accumulation. The asset has ended its bearish trend and is poised for a massive rally, as evidenced by the asset closing a daily candle above the local resistance.
Traders are betting strongly on the bullish side for XLM, with the 'Supertrend' indicator suggesting strong buying pressure and bulls dominating XLM. Trading volume for XLM surged 292% compared to the previous day, and at the time of writing, XLM surged 15.25% over the past 24 hours, reaching the $0.4610 level.
This surge indicates a strong possibility that XLM could liquidate $3.46 million worth of short positions. The Relative Strength Index (RSI) for XLM stands at 63, indicating potential for further upside momentum. XLM has successfully broken out of a bullish flag and pole pattern, further supporting the bullish trend.
However, it's important to note that some caution remains due to typical crypto market volatility and competitive pressures that could affect short-term price performance. Major liquidation levels for XLM are currently at $0.4297 and $0.4711 (Source: CoinGlass).
In sum, expect a bullish trend for Stellar (XLM) through 2025 with realistic price targets around $0.50 to $0.70, potentially reaching above $1.00 if major catalysts and adoption materialize strongly within the year. Beyond 2025, some forecasts suggest Stellar could reach $2 to $3 by 2029–2031 driven by growing adoption of cross-border payments and enterprise use cases.
- The 'Supertrend' indicator suggests a strong buying pressure and bulls dominating Stellar (XLM), indicating a significant interest in crypto investing and technology.
- The surge in trading volume for XLM indicates the potential to liquidate $3.46 million worth of short positions on cryptocurrency exchanges, reflecting the impact of technical analysis in finance.
- Despite the bullish sentiment, traders should exercise caution due to the crypto market's notorious volatility and competitive pressures that may affect short-term price performance.
- Long-term holders are accumulating Solana (XLM) tokens, and recent data indicates that investments in this token could reach beyond the predicted range of $0.50 to $0.70, potentially reaching $2 to $3 by 2029–2031.
