- Stellar Lumens’ pullback was headed to key support levels at $0.3 and $0.36
- An upside liquidity sweep could influence a likely price rebound toward $0.50.
In the beginning of January, Stellar Lumens (XLM) surged by 45%, however, it later gave back some of those increases. The current market downturn might present a fresh chance for swing traders and investors to purchase at a lower price.
Following a surge from 30 cents up to almost 50 cents, the subsequent dip in XLM seems to be approaching significant points that might catch the attention of buyers once more.
Stellar Lumens price prediction
Initially, the New Year’s rally caused the overall market trend to turn bullish in the daily chart. However, if the downtrend continues and drops below the most recent low of $0.32, this bullish structure could potentially change.
Until that bearish market structure shift happens, the current outlook was primed for bulls.
In simpler terms, the price dropped by around 18%, reaching important values near $0.36, but the decline was halted during December due to strong support at roughly $0.30, preventing further selling.
The two stages might involve a market re-entry for the bulls, focusing on buying opportunities beneath $0.50 (indicated by the red zone). If the bearish trend continues and XLM drops below $0.30, this optimistic strategy could be deemed invalid.
As an analyst, I observed the significant role of the $0.30 level in the market. This level, clearly highlighted on my weekly charts, functioned as a robust barrier, potentially causing a reversal in the price trend should it be successfully held. In other words, if this crucial support level is maintained, it could lead to a positive price movement.
Upside liquidity could attract XLM price
From the standpoint of monitoring potential liquidity points, there were two beneficial levels to focus on. The initial point lay within the range of $0.43 to $0.45, while the second significant level was at $0.48.
In most cases, these high liquidity zones always act as magnets for price action.
If this holds true, it might mean that these levels could serve as potential high points for an anticipated XLM recovery. Notably, the area of high trading activity (upper liquidity zone) coincides with a possible supply zone near the $0.50 mark on the price graphs.
To put it simply, you might decide to secure a portion of your profit once the initial target is reached, and then sell off the remaining amount when the price reaches between $0.48 and $0.50.
Read Stellar Lumens [XLM] Price Prediction 2025-2026
To summarize, the market structure and liquidation map for XLM indicated a promising buying chance if the price drop reached approximately $0.30.
If the price falls and stays below $0.30 for an extended period, it could encourage more sellers and weaken the optimistic view (bullish thesis).
Read More
- FLOKI PREDICTION. FLOKI cryptocurrency
- JTO PREDICTION. JTO cryptocurrency
- TRB PREDICTION. TRB cryptocurrency
- MNT PREDICTION. MNT cryptocurrency
- XDC PREDICTION. XDC cryptocurrency
- OKB PREDICTION. OKB cryptocurrency
- Dandadan Shares First Look at Season Finale: Watch
- CAKE PREDICTION. CAKE cryptocurrency
- HBAR PREDICTION. HBAR cryptocurrency
- OM PREDICTION. OM cryptocurrency
2025-01-10 06:15