Stellar (XLM) has been relatively quiet after its strong performance at the end of 2024, and traders are wondering whether this calm is the calm before a bullish storm—or just a prolonged consolidation. Currently priced at $0.268, XLM is hovering below key moving averages, leading many to ask: Can XLM price really surge to $2 in the next 15 days? Let’s dive into the daily chart to break down the possibilities.
The chart shows Stellar forming a gradual downtrend after its euphoric rally in December 2024, where it briefly peaked near $0.60. Since then, the momentum has slowed considerably. The recent candles are Heikin Ashi, which helps smooth out price action and clearly highlights prevailing trends. Right now, we’re seeing mostly small-bodied candles—signs of market indecision and low volatility.
One critical observation is the compression of price action below the 20-day, 50-day, and 100-day simple moving averages (SMA). The 200-day SMA lies below the current price, acting as a longer-term support at ~$0.28, which XLM price is now dancing around. This suggests a battle between short-term bearishness and long-term structural support. However, the inability to break above even the 20-SMA at ~$0.275 highlights the current weakness in buyer momentum.
The chart includes two critical technical tools:
Together, these indicators paint a picture of a range-bound asset in a waiting phase, where bulls and bears are in equilibrium—but that could change fast with a news catalyst or Bitcoin-led rally.
Let’s be clear: a move from $0.268 to $2 would represent a 645% rally in just two weeks—an extreme and unlikely outcome unless a massive fundamental catalyst occurs, such as:
Historically, Stellar is capable of sharp vertical moves during speculative bull runs, but we’re not currently in that environment. For XLM price to break $2, it would need to shatter through multiple resistance layers, including $0.30, $0.40, $0.60, $1.00, and $1.50, in rapid succession—all without being rejected. That’s a tall order with current indicators showing low volume, bearish MA alignment, and weak accumulation.
If you’re trading or investing in XLM, keep your eyes on the following levels:
A bullish scenario would involve a clean break above $0.30 with volume confirmation, followed by retesting it as support. A bearish scenario would see XLM lose $0.26 and fall back toward $0.24 or lower.
While the crypto market is known for its unpredictability, the technicals don’t support a $2 price target within 15 days for Stellar—at least not without an unexpected explosive trigger. The trend is currently sideways-to-bearish, with multiple moving average resistances capping upside momentum and no strong signs of smart money accumulation.
However, if broader market sentiment improves and XLM price manages to break above $0.35 with volume, a short-term rally toward $0.50–$0.60 is within reach. Until then, traders should stay cautious and watch for breakout signals before betting on a moonshot.