Stellar (XLM) price prediction: Visa integration injects a shot in the arm! Expected to rise by 20%, target $0.4969

Global payment giant Visa announced the integration of Stellar Blockchain technology into its stablecoin settlement network, injecting a boost into Stellar ( XLM ). Driven by this significant fundamental favourable information, XLM successfully broke through a falling wedge ( Falling Wedge ) technical formation that had persisted for three weeks on August 4, signaling the end of the downtrend and the start of a strong pump. The current price holds steady above the 50-period moving average ( 0.4069 USD ) and 200-period moving average ( 0.3868 USD ) key support levels, with the 4-hour chart relative strength index ( RSI ) rising to 59.27, indicating an increase in long positions momentum and not overbought. If the pattern's measured rise is fully realized, XLM will target the 0.4969 USD resistance level (the high from mid-July), representing a 20% potential rise from the current price of 0.4135 USD. It is worth noting that Stellar is currently the only non-attestation ( Non-PoS ) public chain supported by Visa, and its unique Consensus Mechanism highlights its efficiency and energy-saving advantages.

( A milestone in the industry: Visa embraces Stellar to empower cross-border payments

  • Core Cooperation: Visa integrates Stellar's distributed ledger technology )DLT( into its stablecoin settlement system, significantly enhancing the practical utility of XLM in cross-border remittances and stablecoin settlements.
  • Ecological Uniqueness: Stellar has become the only non-attestation public chain in the Visa partnership, with its Consensus Mechanism recognized as a scalable and energy-efficient alternative.
  • Long-term Value: This cooperation lays the foundation for Stellar's penetration into the traditional financial sector, aligning with its long-term focus on the payment track.

) Two ( Technical Breakthrough: Falling Wedge Pattern Confirms Trend Reversal

  • Pattern Recognition: The falling wedge formed over the past three weeks is a classic bullish reversal pattern, with price oscillations narrowing and trading volume decreasing, ultimately breaking out above the upper trend line.
  • Significance of the Breakout: The effective breakout on August 4th marks the exhaustion of bearish forces, and the technical analysis sends a signal for long positions to enter.
  • Target Measurement: Based on the height of the pattern, the theoretical target after the breakout points to 0.4969 USD (corresponding to a 20% rise potential).

) Three ( Key Indicator Verification: Moving Average Support is Solid, RSI Releases Long Positions Signal

![])https://img.gateio.im/social/moments-87a9b3933a-15af5f2ac9-153d09-1c6801(

(XLM/USDT four-hour price chart | Source: TradingView)

  • Moving Average Defense: On the 4-hour chart, the XLM price has successfully held on to the dynamic support zone formed by the 50-period Exponential Moving Average )EMA50, $0.4069 ( and 200-period Exponential Moving Average )EMA200, $0.3868 (; both moving averages have transformed from resistance to support.
  • Momentum Strengthening: The RSI indicator has surged to 59.27, confirming the recovery of long positions momentum, and there is still space to the overbought area above )70 (, supporting further price increases.
  • Volume Cooperation: During the breakout process, the trading volume effectively expands, enhancing the credibility of the technical signal.

) Four ( Bull-Bear Dividing Line: $0.40 defense line determines trend continuity

  • Bullish Premise: As long as the XLM price remains in the falling wedge breakout zone ) around the $0.40-$0.41 range ( and above the EMA50/EMA200 dual moving averages, the bullish structure remains valid.
  • Upward Path: The first target after the breakout is $0.4969, which is also the horizontal resistance level formed by the high point of the July range.
  • Risk Warning: If the price falls below the upper trendline of the wedge and the daily close is below the EMA200, then the breakout is invalidated, and caution should be taken regarding the pullback risk.

Conclusion: Visa's strategic integration injects substantial favourable information into the Stellar ecosystem, resonating strongly with the technical breakout of the falling wedge. If XLM can maintain above the key level of $0.40, the potential target of a 20% rise has a high probability of realization. Investors need to focus on two major momentum validation signals: 1) Whether the price holds above the $0.4069 moving average support after the breakout; 2) Whether the volume continues to support during the upward move toward $0.4969. This collaboration also highlights the application potential of non-PoS chains in traditional financial scenarios, which may reshape the market's valuation logic for the Stellar technology path. )Integrate moving average systems, RSI, and pattern analysis(

XLM4.15%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)