STELLAR (XLM) TO SOAR HIGHER?

Stellar (XLM) is looking promising, with its price surging 21.70% to $0.40 in the last 24 hours. Several factors contribute to its potential growth :

- Protocol 23 Upgrade: This upgrade promises significant performance improvements, including a 40% cost reduction and enhanced network scalability, making it more attractive for decentralized finance (DeFi) applications and tokenized asset markets.

- Increased Adoption: Stellar's focus on cross-border payments and partnerships with major companies like IBM and Mastercard could drive demand for XLM.

Market Sentiment: The broader crypto market recovery, fueled by Bitcoin's surge above $118,000, has triggered an altcoin rally, benefiting XLM.

- Technical Indicators: The Accumulation/Distribution line and On-Balance Volume (OBV) indicate strong buying pressure, while the Relative Strength Index (RSI) suggests room for further growth.

Potential Price Targets:

- Short-term: $0.32 to $0.41, driven by the current bullish momentum and protocol upgrade anticipation.

- Long-term: Some analysts predict XLM could reach $0.65 to $0.97 in 2025 and potentially $1.57 by 2030, citing its strong foundation and potential for increased adoption .

Key Resistance Levels:

- $0.32-$0.40: A crucial resistance zone that could cap gains unless flipped to support.

- $0.4037: A significant Fibonacci level that XLM needs to surpass for further upside potential.

Overall, Stellar's strong technicals, increased adoption, and favorable market sentiment make it a promising cryptocurrency to watch .#USCryptoWeek