Stellar Lumens (XLM) is currently exhibiting a bullish flag pattern, a technical indicator that often precedes significant upward price movements. As of March 18, 2025, XLM is trading at approximately $0.270576, reflecting a slight decrease of 0.69% from the previous close. A bullish flag pattern is characterized by a sharp price increase (the flagpole) followed by a period of consolidation within parallel lines (the flag). This pattern suggests that the asset is poised for another upward surge upon breaking above the consolidation range. For XLM, maintaining support above $0.24 is crucial to validate this bullish scenario. #Stellar $XLM poised for action! Holding above $0.24 keeps this bullish flag scenario alive. pic.twitter.com/l6eDV6xWtq — Ali (@ali_charts) March 17, 2025 Potential Price Targets Analysts project that a successful breakout from the bullish flag could propel XLM to significant price levels. Some forecasts suggest targets as high as $0.38, contingent upon sustained buying pressure and favorable market conditions. More optimistic analyses propose potential surges to $0.68 or even $1.60, depending on the strength of the breakout. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Market Sentiment and Technical Indicators The current market sentiment for XLM is cautiously optimistic. While the bullish flag pattern indicates potential for upward movement, some technical indicators, such as the Chaikin Money Flow (CMF), reveal more outflows than inflows, highlighting bearish sentiment and further downward pressure. Additionally, the proximity of a potential “death cross,” where the 50-day moving average crosses below the 200-day moving average, suggests that momentum may be weakening. Stellar Lumens is at a pivotal juncture, with the bullish flag pattern offering the prospect of substantial gains if key support levels are maintained and a breakout occurs. However, investors should remain vigilant, considering both bullish patterns and bearish indicators and monitor technical indicators closely to navigate potential market volatility effectively. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Stellar (XLM) Poised for Bullish Run- Chartist appeared first on Times Tabloid .
