Stellar climbs amid bullish ADX trend on technical charts: weekly report

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Stellar rises 13.47% over the week

Highlights

XLM shows medium-term bullish momentum, trading above major support levels after a 13.47% weekly gain.
Most key indicators signal continued buyer strength, though some diverging signals suggest mixed short-term momentum.
Expected range for XLM next week is $0.1767 to $0.2388, with a 75% probability of upward price movement.

Institutional demand rises as stablecoin launches and tokenized assets surge

Stellar's ecosystem saw notable progress this week, highlighted by the launch of Open USD and the introduction of USST, a stablecoin backed by tokenized Treasury assets such as USDY, driving increased demand and institutional interest. On June 29, a developer preview for Confidential Tokens was released on testnet, offering transaction privacy while retaining compliance features for broader use cases including treasury management and institutional settlement. Stellar's network now processes over $3 billion in tokenized assets, and trading volumes have risen as market sentiment has become more optimistic.

Mixed momentum signals as bullish trend persists over the week

Technical analysis on the weekly (W1) timeframe shows XLM above the MA-20 and MA-200, but below the MA-50. Weekly momentum is positive with a bullish trend signaled by the ADX, even as the MACD displays a lingering strong sell signal, revealing mixed short-term sentiment. The RSI, Stochastic RSI, and CCI are all in 'Buy' or positive territory without indicating overbought or oversold extremes, and Bull/Bear Power remains positive. Support is currently established near $0.18, while resistance is expected in the $0.21–$0.24 area.

Upside bias likely as breakout range narrows for the coming week

For the next 7 days, XLM is forecast to trade between $0.1767 and $0.2388. There is a 75% probability of further gains, with consolidation likely between $0.18 and $0.21 as a baseline scenario. A sustained break above $0.21 could trigger an advance toward $0.23–$0.24, while failure of support at $0.18 may see a pullback toward $0.17, though downside risk remains limited given current momentum.

Viktoras Karapetjanc, senior analyst at Traders Union, views this week’s rally in Stellar (XLM) as a strong confirmation of improving momentum and institutional confidence. He highlights the recent launch of Open USD and USST, alongside the Confidential Tokens testnet, as clear signs of the network’s growing adoption and diversified use cases. Over $3 billion in tokenized assets and rising volumes point to deepening engagement and robust sentiment. With technical signals and fundamental developments both positive, Karapetjanc expects further upside as long as support at $0.18 holds. "The bullish structure remains intact, and I see scope for another leg up toward $0.23–$0.24 if $0.21 is cleared this week."

Earlier, analysts noted that institutional adoption and expanding privacy features were driving renewed interest and a cautiously bullish outlook for Stellar. The latest ecosystem developments and a shift in technical momentum add further support to this view, making a sustained break above $0.21 the next critical indicator for confirming continued upside.

Source of Data: XLM Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

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