Stellar XLM Hits $0.4746 As Chart Points to Next Target At $0.574

Stellar rallied from $0.227 to $0.4746 with the weekly chart confirming the second upside target.

The buy zone between $0.1587 and $0.227 aligned with Fibonacci levels and marked a strong reversal base.

If price breaks $0.475 cleanly the next target on the chart shows a possible move toward $0.574.

Stellar (XLM) has officially reached its second target at $0.4746, securing gains of more than +100% from the marked buy zone around $0.227. The weekly chart confirms that the token has advanced strongly after months of consolidation, achieving its next upside level and signaling continued bullish momentum in the market.

Second Target Achieved

The analysis confirms that Stellar’s second upside target (T2) at $0.4746 has been reached. This level marks a significant doubling in price from the buy zone highlighted earlier, validating the bullish chart structure. Investors who entered near $0.227 have experienced notable returns, as the rally continues to unfold in line with the projected technical setup.

The chart shows Stellar completing a major bullish move after clearing its falling wedge breakout. Price accelerated quickly from the accumulation zone and moved decisively toward the second resistance level. This action reflects how structured accumulation has transitioned into breakout momentum.

With T2 completed, the chart points to $0.574 as the next major upside level. This level represents the third target (T3), which remains the key milestone if bullish momentum continues. Traders will now watch closely for confirmation of a breakout above current resistance.

Prime Accumulation Zone

The region between $0.1587 and $0.227 was identified as the prime buying area. This zone aligned with Fibonacci retracement levels between 0.618–0.786, creating a strong technical base for accumulation. A falling wedge pattern in this range further supported the likelihood of a bullish reversal.

The rally that followed confirmed the technical strength of this setup. From the lower boundary at $0.1587, price surged and doubled once it reached the second target at $0.4746. The reaction validated the accumulation strategy, proving the range acted as a reliable entry for traders.

This price action underscores how XLM’s market structure shifted from prolonged decline into recovery. The transition began when buyers stepped in at the base levels, forming a foundation for upward momentum. The weekly structure now reflects consistent higher lows and attempts at higher highs.

Question of Breakout Continuation

The key question is whether Stellar can sustain its breakout and extend gains toward the $0.574 level. Price is currently consolidating just under $0.475, with resistance defining the immediate ceiling. A clean breakout above this zone could provide the technical confirmation needed for the third target.

Price behavior at this resistance level will determine the short-term path. If rejection occurs, Stellar could continue consolidating before another push higher. However, if momentum holds and the breakout is confirmed, the next milestone at $0.574 may be reached within the weekly timeframe.

The weekly chart remains intact with higher highs and higher lows forming the broader structure. This setup suggests the possibility of extended bullish momentum if current resistance eventually gives way. For market participants, the consolidation at $0.475 is a decisive turning point.

XLM0.88%
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