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XLMUSDT
Long Entry 0.2163 2025-12-22 03:05 UTC
Target 3.5000 Fail 0.0700
Risk/Reward 1 : 22
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XLMUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analysis of Stellar Lumens (XLMUSD) on the 4-hour timeframe indicates a potential nearing completion of a major corrective phase. Shifting to a long-term perspective, XLM appears to be in a multi-year correction initiated in 2018, potentially forming a large triangle pattern labeled A-B-C-D-E as part of a Wave (iv). The E-wave of this triangle correction could be nearing its conclusion. The primary support zone for this correctional phase is identified between 0.163 and 0.088, which aligns with the 100% to 161.8% Fibonacci extensions of the initial A-wave decline within the triangle. This range is considered a significant accumulation area for a potential bullish reversal. Upon completion of this correctional pattern, a substantial fifth wave upward is anticipated, with long-term price targets projected between 2.97 and above 5.00. In the immediate short-term, a minor rebound into resistance is expected, specifically between 0.2239 and 0.2464. A move below the 0.0879 level would invalidate the current long-term bullish structural interpretation. Conversely, a sustained break above 0.258 could signal a more meaningful low in the shorter term, preceding the broader bullish trend. Current price is observed at approximately 0.214.
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