09:21
Stellar Price Prediction: XLM Triggers TD Sequential Buy Signal, May Experience a Phase Rebound
Stellar (XLM) shows a new TD Sequential “9” buy signal near a key support zone, and analysts believe this could lead to a rebound in price. According to recent insights from crypto market analyst Ali Martinez, the technical signals appearing on the weekly chart are highly similar to the patterns observed before XLM's strong upward movements in the past, but whether the trend can be confirmed still depends on buying demand.
Martinez pointed out in a public chart that XLM has again touched the demand zone and a TD Sequential “9” signal has appeared at that level. The last time this signal appeared, XLM's price nearly doubled, making this zone a historically strong support level. The current structure shows that Stellar has significantly pulled back from the summer highs and is in a consolidation phase, echoing the patterns seen before previous upward rallies.
XLM-3.62%
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