Stellar (XLM/USD) Market Shows Renewed Bullish Strength From Structural Demand Zone

Stellar Price Prediction – October 24

XLMUSD market shows renewed bullish strength from the structural demand zone. XLMUSD displays a constructive bullish outlook as price action stabilizes above the daily order block near $0.310.

The 9-day Simple Moving Average currently at $0.310 is beginning to flatten, indicating a potential shift in short-term momentum toward the upside. Supporting this, the Relative Strength Index (RSI) at 39.76 shows early signs of recovery from oversold territory, suggesting that downside pressure is losing traction while buyers gradually regain control. Overall sentiment reflects the re-emergence of bullish interest following a corrective decline.

XLM/USD Market Key Levels:

Resistance Levels: $0.4140, $0.4440, $0.4710
Support Levels: $0.2530, $0.2000, $0.1420

XLM/USD – Daily Chart

The XLMUSD daily chart shows that XLMUSD remains above the $0.2530 critical demand zone.

Technically, the pair has rebounded strongly from the order block around $0.250–$0.310, a zone that previously acted as a pivotal accumulation area leading to July’s impulsive rally. The rejection of lower prices around this level aligns with historical demand strength, while the recent higher low formation reinforces the likelihood of a structural reversal. This rebound is accompanied by price compression above the short-term moving average, highlighting reduced selling intensity and potential for a bullish breakout once short-term resistance is cleared.

NCashOfficial Channel provides an in-depth analysis of the current state and future potential of Stellar (XLM) and its broader ecosystem, emphasizing the significant developments and upgrades that could drive substantial gains in the long term. Despite the recent price stagnation and market sell-off triggered by Bitcoin’s downturn, the speaker believes Stellar is fundamentally strong and undervalued. Key factors include major protocol upgrades, expanding stablecoin initiatives, and the rapid growth of Real-World Asset (RWA) tokenization on the Stellar network.

He also highlights the importance of technical indicators like RSI, suggesting that Stellar and many “old coins” may be oversold and nearing a bottom. Furthermore, Stellar’s expanding role in the stablecoin and tokenization markets, particularly in forex and institutional DeFi, positions it uniquely for exponential growth. The speaker projects that Stellar’s market capitalization could experience a 5 to 10x increase once market conditions improve, driven by ecosystem maturation, network upgrades, and increased adoption.

What is the likely projection of XLMUSD?

Going forward, XLMUSD is anticipated to extend its recovery toward the mid-range resistance at $0.410, with a projected continuation to $0.440 if momentum sustains. A daily close above $0.340 would confirm bullish intent, opening the path toward $0.470 as a medium-term objective. Conversely, failure to maintain support above $0.310 could trigger a minor retracement, but the prevailing bias remains upward. Overall, technical confluence favors a gradual bullish continuation as the market rebuilds from key structural demand.

Stellar (XLM) Current Statistics
The current price: $0.3160
Market Capitalization: 10,120,000,000,000
Trading Volume: $146,250,000,000

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