• Stellar price holds $0.4449 after breaking a long-term downtrend, reclaiming the $0.36 support zone.
• Key resistance stands at $0.4545, with bullish targets at $0.52, $0.63, and $0.70 if momentum continues.
• XRP’s pending ETF decision adds market interest as Stellar consolidates near a breakout point.

Stellar (XLM) still holds ground above $0.44 after sparking a long-term downtrend breakout. The asset had reclaimed the $0.36 level earlier this month in a move that paved the way for a significant trend reversal.

This move also formed a bull flag on the daily chart, indicating a continuation phase within the broader recovery. Over the last seven days, XLM has risen 12.7%, trading at $0.4449 at the latest check. The breakout comes as the market watches closely for updates on XRP’s ETF application, which could influence liquidity flows in related assets.

Resistance and Support Levels in Focus

Current trading data places XLM’s immediate resistance at $0.4545, a zone the token has approached but not yet surpassed. The current momentum requires a rebound that can carry it in a semi-permanent hold in the range of $0.39 and $0.42. 

Another healthy retest of this range might lead to higher targets of $0.52, 0.63, and 0.70. Nevertheless, a pullback below 0.36 would throw doubt on the ability to reclaim, bringing in the potential of a more serious recoil. The near-term support level to observe is at 0.4317, which has held up selling pressures so far

Market Context and Momentum Outlook

Stellar’s break and current consolidation are concurrent with increasing interest in large-cap altcoins. Of specific note, the XRP ETF mania has added a touch of anticipation to the market equation. The 24hr range shows XLM trading between $0.4317 and $0.4545, a tentative range on both ends.

The BTC pair is at 0.053727 BTC, up 1.5%, showing relative strength against Bitcoin over the same interval. As long as the $0.39–$0.42 level holds, the shape of the bull holds. This agreement of shape and market condition is a foundation for short-term watch.

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