Stellar Lumens (XLM) is edging closer to a potential breakout that could reshape its near-term trajectory. According to crypto commentator STEPH IS CRYPTO, the $0.47 price mark is the key level to watch. A decisive move above this barrier could trigger a wave of short liquidations, potentially unleashing a powerful rally.
As of report time, XLM is trading at $0.4361, showing modest daily gains alongside an uptick in trading volume. This rise in activity points to a growing sense of anticipation among both spot traders and leveraged market participants. The price has been steadily building a base, setting the stage for what could be a significant move.
Technical Landscape
On the technical front, XLM has been developing a bullish market structure on both daily and weekly charts. The $0.45–$0.47 zone represents a critical confluence of resistance levels, including trendline caps, moving averages, and prior order blocks.
💥 BREAKING:
A BREAK ABOVE $0.47 MAY UNLEASH $XLM RALLY AS SHORTS GET WIPED OUT! pic.twitter.com/sd8HBrZHUe
— STEPH IS CRYPTO (@Steph_iscrypto) August 12, 2025
Breaking through $0.47 on a daily closing basis would not only mark a shift in market sentiment but could also convert this level into solid support. Such a technical shift would likely pave the way for a move above $0.50, with traders eyeing higher upside targets should momentum hold.
Derivatives and Short-Covering Pressure
The real intrigue surrounding $0.47 lies in the derivatives market. Open interest in XLM futures has grown significantly over the last two days, reflecting an increase in leveraged positions. Data from liquidation heat maps shows that a substantial cluster of short positions still lingers just above the current price.
If XLM surges past $0.47 with conviction, the resulting wave of forced short covering could intensify buying pressure and drive prices higher at an accelerated pace.
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Looking Ahead
The path forward for XLM hinges on whether a breakout can attract sustained spot buying and positive on-chain flows. If it does, the rally could extend well beyond initial targets, building on both technical and sentiment-driven momentum.
However, without that broader support, any squeeze-induced spike could be short-lived, with price retreating toward the $0.36–$0.40 range. Traders will be closely watching funding rates, open interest patterns, and order book dynamics to gauge the strength of any move that unfolds.
The $0.47 level has become the focal point for XLM’s next decisive move. As STEPH IS CRYPTO emphasizes, a clean and well-supported breakout above this line could trigger an aggressive rally by flushing out overleveraged shorts. The next few sessions may determine whether Stellar Lumens can seize this opportunity or whether resistance once again proves too strong.
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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