Stellar (XLM) shows recovery potential: From $0.23 to $0.24 in two weeks?

Stellar is currently experiencing an interesting technical setup. With the current price at $0.23 and a weekly performance of +7.82%, technical analysis suggests a possible sideways movement with an upward bias. The trading volume in 24 hours is currently $1.32M – sufficient to support sustainable movements.

The technical signals indicate upward potential

The RSI indicator at 36.43 points is in an interesting range: not extremely oversold, but well below the neutral 50 mark. This is classic territory for organic recovery attempts. At the same time, the MACD histogram with +0.0002 shows the first faint signs of a momentum shift – selling pressure is easing.

Particularly significant is the position within the Bollinger Bands: With a %B value of 0.1375, XLM sits near the lower band at $0.20. Statistically, this position often leads to mean-reversion movements back to the midline at $0.22. The stochastic indicators (%K: 22.74, %D: 21.63) confirm the oversold condition without reaching extreme values – another positive aspect for controlled upward potential.

Scenario analysis: Where is the journey heading?

In the optimistic case, XLM targets the resistance level of $0.24 – which coincides with the 50-day moving average and thus represents a critical technical barrier. If this resistance is broken, the rally could extend to $0.30. Necessary conditions: stable volume above average and an RSI rise above 50.

The intermediate step is at $0.22 (20-day moving average). Those who buy here and see the price clear this hurdle have good chances for a continuation.

Risk scenario: A break below $0.20 would be concerning – this point is both immediate and structural support. A breakthrough could trigger pressure down to $0.15–0.18. The tight range of the last 24 hours (0.20–0.21$), however, suggests more consolidation than panic selling.

Entry strategy for strategic accumulation

For those wanting to buy XLM now, a structured approach is recommended:

• Primary buying zone: $0.20–0.205 (current support cluster)
• Stop-Loss: $0.195 (below support, ~2.5% risk)
• First target: $0.22 (20-day moving average)
• Main target: $0.24 (50-day moving average)

Those who want to buy aggressively should keep position sizes small – proximity to 52-week lows calls for conservative risk management. Dollar-cost averaging during weakness near $0.20 is the smarter alternative to all-in moves.

Conclusion: Moderate confidence level with clear milestones

This analysis indicates a moderate upside potential of 10–20% over the next 1–2 weeks. The $0.24 mark remains the primary target, provided the $0.20 support holds and momentum indicators continue to improve.

Confirmation signals to watch for:

• RSI climbing above 40
• MACD line crossing bullish over the signal line
• Volume increase on moves above $0.21

Failure at $0.20 invalidates this scenario. The market will be decisive over the next 7–14 days – clarity on the trend direction should emerge soon.