Stellar (XLM) Ready to Rebound as This Indicator Flashes Buy Signal

Stellar (XLM) may be poised for a recovery, according to a recent analysis by Ali Martinez (@ali_charts), a well-known cryptocurrency analyst. In a post on X, Martinez shared a chart highlighting a potential buy signal on XLM’s hourly chart, based on the TD Sequential indicator.

#Stellar $XLM is ready to rebound as the TD Sequential indicator shows a buy signal on the hourly chart! pic.twitter.com/qFvbOkvD02

— Ali (@ali_charts) February 21, 2025

The TD Sequential Buy Signal

Traders use the TD Sequential indicator to identify potential trend reversals. On the hourly chart of XLM/USDT, the signal appears as a green “1” candle following a red “9” count, which typically suggests that selling pressure has been exhausted and a price reversal could be imminent.

Martinez’s chart reflects this setup, with a black arrow marking the point where the buy signal was triggered. The chart also shows a period of downward price movement leading up to the signal, followed by several small-bodied candles indicating consolidation. If the TD Sequential setup plays out as expected, XLM could see a short-term upward move.

Recent Price Action and Market Context

When the chart was published, XLM traded at approximately $0.33944 on Binance. The price had previously declined, forming a series of lower highs and lower lows, but the emergence of the buy signal could indicate a shift in momentum.

Technical traders often seek confirmation before acting on a TD Sequential buy signal. A bullish candle following the signal, increased trading volume, or a break above key resistance levels would strengthen the case for a rebound.

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Analyst Ali Martinez’s Broader Market Outlook

Ali Martinez actively provides cryptocurrency market analysis, covering various assets beyond XLM. Recently, he has also made notable predictions about XRP.

In one of his analyses, he suggested that XRP is “ready for an upswing” based on market structure and technical indicators. In another, he pointed to a cup-and-handle pattern on XRP’s chart, which could signal a major breakout above $3.

Additionally, Martinez highlighted a critical support level for XRP, stating that a retest of the $3 level could be on the horizon if it holds. While these predictions focus on XRP, his overall analytical approach remains consistent across different cryptocurrencies.

What’s Next for XLM?

While the TD Sequential indicator provides a buy signal, traders should remain cautious and seek further confirmation. Market sentiment, broader cryptocurrency trends, and external factors such as macroeconomic conditions can all influence XLM’s price movement.

If buying pressure increases and the price starts forming higher highs, XLM could confirm the reversal and move toward resistance levels around $0.345 or higher. However, if the price fails to gain upward momentum, the buy signal may not play out as expected, and further downside could be possible.

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.

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