{"id":12480,"date":"2025-10-03T10:30:23","date_gmt":"2025-10-03T10:30:23","guid":{"rendered":"https:\/\/bitunikey.com\/news\/xlm-price-signals-possible-bullish-reversal-after-trendline-break\/"},"modified":"2025-10-03T10:30:34","modified_gmt":"2025-10-03T10:30:34","slug":"xlm-price-signals-possible-bullish-reversal-after-trendline-break","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/xlm-price-signals-possible-bullish-reversal-after-trendline-break\/","title":{"rendered":"XLM price signals possible bullish reversal after trendline break"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">After piercing its descending trendline, XLM price is testing key resistance and could be poised for a bullish reversal.<\/p>\n<div id=\"cn-block-summary-block_30e9de11e58909326782fe5bf172fb70\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>XLM price is hovering near $0.40, testing the 0.382 Fib retracement and double-bottom neckline at $0.41.<\/li>\n<li>A confirmed daily close above $0.41 could trigger a breakout toward $0.48, the 0.786 Fib level and major supply zone.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Stellar (XLM) price has recently broken above its descending trendline resistance with a strong bullish candle and is now facing a critical test at the 0.382 Fib near $0.41, with price currently hovering around $0.40. Importantly, this zone also serves as the neckline of the bullish double-bottom formation, with the pattern\u2019s lows established in the $0.34\u2013$0.35 range.<\/p>\n<p>A daily close above $0.41 would confirm the double-bottom breakout and strengthen the bullish case, potentially setting XLM on course for a measured move toward $0.48, which aligns with the 0.786 Fib.<\/p>\n<p>However, traders should be cautious of near-term overextension. If rejection at $0.41 holds, XLM price could revisit its breakout area around $0.38, or even fall back toward the $0.34\u2013$0.35 demand zone. A breakdown below this support would invalidate the bullish double-bottom structure and resume downward pressure.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/skYOuuO6\/?symbol=COINBASE%3AXLMUSD\" target=\"_blank\" rel=\"nofollow\">TradingView<\/a><\/figcaption><\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">What\u2019s driving XLM price?<\/h2>\n<p>A couple of noteworthy integration developments have emerged this week for Stellar, adding momentum to XLM price technical breakout. Yesterday, the Bitcoin.com Wallet <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/news.bitcoin.com\/bitcoin-com-wallet-integrates-stellar-blockchain-expanding-access-to-fast-low-cost-payments-and-defi\/\" target=\"_blank\" rel=\"nofollow\">announced<\/a> full support for XLM and assets on the Stellar network, along with DeFi features such as swaps, liquidity pools, and yield farming. LOAN Protocol has also recently <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/LOAN_Protocol\/status\/1973809917871145207\">added<\/a> support for Stellar, enabling users to lend and borrow XLM instantly with LOAN token incentives. <\/p>\n<p>On the institutional side, XLM\u2019s accessibility is getting a boost through ETFs. The recently <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.bitget.com\/news\/detail\/12560604987362\" target=\"_blank\" rel=\"nofollow\">approved<\/a> Hashdex Nasdaq Crypto Index US ETF now includes XLM as part of its diversified crypto portfolio. Grayscale has also recently <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1761325\/000119312525213783\/gxlm-20250924.htm\" target=\"_blank\" rel=\"nofollow\">filed<\/a> for a spot Stellar ETF, which, if approved, could further boost XLM price. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>After piercing its descending trendline, XLM price is testing key resistance and could be poised for a bullish reversal. Summary XLM price is hovering near $0.40, testing the 0.382 Fib&hellip;<\/p>\n","protected":false},"author":1,"featured_media":186,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12480","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=12480"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12480\/revisions"}],"predecessor-version":[{"id":12481,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12480\/revisions\/12481"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/186"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=12480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=12480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=12480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}