XLM Price Set to Soar: Key Levels to Watch for Potential 65% Surge

XLM Price – Stellar (XLM) Defies Market Trends: Can It Reach $1.60?

XLM Price – The XLM token, native to the Stellar network, has captured significant attention from crypto enthusiasts as it defies the broader market’s bearish sentiment. On March 14, 2025, XLM recorded a notable 5% price gain in the past 24 hours, while leading cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) saw declines of 3.5% and 2%, respectively, during the same period.

XLM’s Market Momentum and Trading Volume Surge

At the time of writing, XLM is trading near $0.27, reflecting a 5% increase in the last 24 hours. Notably, during the same period, its trading volume surged by 75%, signaling increased trader and investor participation compared to the previous day. This surge in volume supports the notion of a growing interest in XLM despite the prevailing market downtrend.

Experts Weigh in on XLM’s Bullish Outlook

A prominent crypto expert shared their technical analysis on X (formerly Twitter), suggesting that XLM is forming a bullish flag and pole price action pattern. Currently near the lower boundary of the flag, the expert indicated that if XLM breaks the $0.42 level, the price could potentially rally to $1.60. This technical setup suggests significant upside potential for the token.

XLM Technical Analysis: Key Levels and Price Action

According to expert analysis, XLM has recently found support at the $0.236 level, positioning it for further upward momentum. If the price holds above $0.236, there’s a possibility of an 18% surge to $0.33 in the near term. Should the price break above the $0.35 mark, a more substantial rally of 65% to reach $0.605 could be in play. However, XLM is currently facing resistance from the 200 Exponential Moving Average (EMA) on the daily timeframe.

Leverage and Liquidation Levels

The current market sentiment shows that traders are heavily leveraged at the $0.26 level, holding $3.02 million in long positions. Another key level to watch is $0.285, where traders have accumulated $2.65 million in long positions. These levels suggest that bullish sentiment remains strong among traders, potentially supporting XLM’s rally in the coming days.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.