The post XLM Crypto Price Pushes Higher, $0.49 Breakout in Focus appeared first on Coinpedia Fintech News
The XLM price appears to be stabilizing after a prolonged downtrend, with signs of bullish resurgence seen on both daily and weekly charts. As demand rebounds and major technical patterns support an upward move, traders are closely watching the $0.49 resistance level for confirmation of a breakout.
Weekly Demand Awakens as XLM Price Holds Structure
Despite recent bearish price action, Stellar’s native token is showing hints of strength. The XLM price today sits at $0.4109 after falling sharply through key support levels. However, a potential turnaround may be in motion, backed by a clear bounce from support zones and surging demand.
On the weekly chart, analysts are highlighting signs of renewed buying interest. After weeks of clean sell-offs, bullish demand has re-entered the scene, and reclaiming $0.49 is seen as a relatively safe long-entry level. This level, once resistance, could now turn into a strong foundation for continued upside.
Daily Chart Hints at Breakout Continuation
Zooming into the XLM price chart, the daily timeframe offers more clarity. The July rally marked a breakout from a long-standing falling wedge pattern that dated back to H1 2025. Since then, the token has maintained its bullish structure, with volume continuing to support upward momentum.
The bounce from the 50-day EMA confirms the continuation of this breakout. The current price action suggests that Stellar may be forming a higher low setup before revisiting the $0.49 hurdle. This aligns with the broader Stellar price forecast which anticipates a short-term surge if current momentum holds.
Visa Partnership Adds Bullish Fuel
Beyond charts, Stellar Network news may breathe life into XLM recovery. Visa announced July 31st that it will offer on-chain settlement with Stellar in addition to Ethereum, Solana and Avalanche. Many believe this gives the blockchain more credibility in terms of real-world usage. In the past, such announcements have been typically bullish for the market.
If momentum continues, the Stellar price prediction narrative leans bullish. Eyes are set on the $0.49 resistance, a critical level that could determine if XLM resumes a stronger upward trajectory.