Crypto enthusiasts are buzzing about Stellar (XLM) following a detailed chart analysis shared by @ali_charts. The chart, created with TradingView, highlights a descending channel pattern for the Stellar/TetherUS perpetual contract on Binance, with the price recently dipping to $0.31909.
The analysis suggests a strategic buying opportunity at $0.30, predicting a potential rally to $0.37. This comes as XLM has been trading within a downward trend since August, with the current price nearing a key support level.
Descending Channel Analysis and Technical Indicators
The chart’s descending channel indicates a consolidation phase, but the recent price action near $0.30 shows signs of a potential reversal. Community reactions on X are mixed yet optimistic, with some traders like @QuantumAgeCap and @BunnyyyTradess endorsing the $0.30 entry point, citing a favorable reward-to-risk ratio. Others, like @XION_GLOBAL, point to whale accumulation and technical indicators such as an oversold RSI and EMA convergence, reinforcing the bullish outlook. The target of $0.37 aligns with prior resistance levels, with some enthusiasts even eyeing a stretch goal of $0.42 by November.
At $0.30, we buy the dip before Stellar $XLM rallies to $0.37.
October 25, 2025
Stellar’s Fundamental Edge: Real-World Utility in Payments
Stellar’s utility in cross-border payments and its unique consensus mechanism continue to underpin its value proposition, making this dip an attractive entry for long-term holders. However, the 10% projected gain has sparked skepticism, with @Proofsmith questioning if such a move is realistic for the cryptocurrency.
Despite the bearish sentiment indicated by some technical analyses, the breakout potential above $0.37 could signal stronger momentum if volume spikes. Traders are watching closely. With XLM’s current price hovering around $0.32, the next few days could determine if this analysis holds true. Stay tuned for updates as the market unfolds.