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Stellar (XLM) tests key multi-year support, eyeing a bullish rise to $2.40 in the next crypto bull run.

Technical Signals
17 Aug 2026
Dailycoin
View Source
Bullish
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Stellar (XLM) is currently testing a critical multi-year ascending support line that has historically marked major price bottoms and preceded significant upward moves. Technical analyst ChartNerd identifies this phase as a "bullish reset" within a larger corrective structure, with potential for a strong rebound if the support holds. The next major target is a 1.272 Fibonacci extension around $2.40-$2.45, signaling a substantial multi-year price increase if the trend continues. Investors should watch for volume and momentum shifts to confirm the reset's completion and the start of a new expansion phase.

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