Stellar ($XLM ) is approaching a critical resistance zone at $0.50–$0.52, where a breakout could trigger a rally toward $0.60, $0.71, and even $0.77, according to analyst Ali. The asset has formed a bullish inverse head-and-shoulders pattern, with the neckline at $0.5209 acting as the key trigger point for further gains.
This structure began in January with the left shoulder near $0.45–$0.50, followed by April’s head at $0.20, and the right shoulder around $0.35 in July. Since then, price action has been steadily trending upward.
Fibonacci retracement levels, drawn from the April low of $0.20 to the July high of $0.52, highlight important areas: $0.3983 (0.618) has served as a solid support zone, while $0.4523 (0.786) and the neckline at$0.5209 are the immediate hurdles. Holding above $0.40 keeps the bullish case intact, while a drop under $0.35 would weaken it.
Momentum indicators support the upside scenario. The RSI at 61.44 is comfortably above its moving average of 55.23, showing healthy momentum without being overbought. The MACD line at 0.0166 is above the signal line, and a green histogram reading signals growing buying pressure.
Trading volume remains strong at 50.65 million, with July’s rally from $0.20 to over $0.50 backed by large green spikes — evidence of strong market participation. The ongoing uptrend from the $0.40 support zone now puts Stellar within striking distance of the breakout range.
If $XLM can decisively clear $0.52 with strong volume, the technical setup points toward a multi-level rally that could take prices as high as $0.77 in the coming weeks.