TL;DR

• XLM is holding below $0.50 with strong volume and a classic bullish reversal chart forming.
• Stellar now has 9.69 million active wallets, gaining 5,000–6,000 new addresses every day.
• The price targets after breakout sit at $0.60, $0.72, and $0.77, based on Fibonacci extensions.

XLM Builds Strong Base with Classic Chart Pattern

Stellar (XLM) was trading at $0.43 at press time, with a 5% drop in the last 24 hours. Over the past 7 days, it’s up by 2.5%. Trading volume has reached $668 million, showing steady interest despite short-term dips.

A recent chart posted by crypto analyst Ali Martinez shows an inverse head and shoulders forming on the daily timeframe. This structure has a left shoulder in January, a head around late April, and a right shoulder forming now in August. 

Inverse head and shoulders on Stellar $XLM. Break $0.50 and $0.77 is next! pic.twitter.com/TcgY4bChWS

— Ali (@ali_charts) August 13, 2025

Notably, the neckline sits near $0.50, a level that has drawn attention from traders waiting for a breakout.

XLM’s price is trading near $0.45, close to the 0.786 Fibonacci level. The $0.50 mark is acting as a key resistance. A strong move above this point could open the door for further upside.

Fibonacci extensions imply that the price may reach $0.60 (1.272), $0.72 (1.618), and $0.77 (1.786). These levels tend to be followed to determine price action following a breakout. Several traders are waiting to see whether the price can close above the neckline, targeting high volume.

On-Chain Activity Supports Growing Interest

Crypto analyst Steph Is Crypto reports that Stellar now has 9.69 million accounts, with 5,000–6,000 new addresses being added daily. This growth reflects steady adoption and increased usage of the network.

While price and chart setups are in focus, network activity often shows how much attention a project is getting. Rising wallet creation can reflect fresh demand, which may play a role in price movement over time.

Past Support Still Relevant

Last month, analyst Peter Brandt called Stellar one of the more promising charts. He notes that the price needs to stay above the April low, near $0.22, and eventually close above $1 to break out of the broader range.

Meanwhile, another voice in the market, @Xfinancebull, pointed out that XLM has already gained over 150% from its earlier lows. He claims this move was predictable based on chart signals and market sentiment at the time.

Now, with the price sitting just below $0.50, all eyes are on whether Stellar can clear this level and continue upward.

It appears the moment has finally arrived. Ethereum is closing in on a new all-time high after nearly four years. With this momentum, many investors are eyeing the $5,000 mark as a realistic target in the weeks ahead.

Technical Analysis

By ShayanMarkets

The Daily Chart

On the daily chart, it’s clear that since ETH’s rebound from the 100-day moving average near the $2,100 mark in June, the price has been on a steady upward trajectory. Now, Ethereum is rallying almost vertically, closing in on a new all-time high. With the current momentum, even the $5,000 psychological level appears within reach. Furthermore, the $4,000 level can now be seen as a strong support zone, adding to the confidence of bullish traders.

That said, momentum indicators such as the RSI are signaling a potential overbought condition, suggesting the possibility of a consolidation or pullback before ETH can push higher. However, the recent bullish crossover between the 100-day and 200-day moving averages, with the 100-day MA rising sharply in line with price action, indicates strong market optimism. This setup suggests that any pullback could be temporary, keeping the broader uptrend intact.

The 4-Hour Chart

Looking at the 4-hour chart, ETH has been consistently moving within a broad ascending channel for the past few months. This formation has carried the asset through several resistance zones, all of which have now flipped into support. With the channel’s upper boundary already sitting above the previous $4,800 all-time high, the path toward testing the $5,000 level in the near term appears clear.

On the flip side, the RSI indicator on this timeframe is clearly in overbought territory, similar to the daily chart, and the recent 4-hour candles have been shrinking in size. As a result, some analysts anticipate a pullback soon. Still, given the strong market structure and momentum, a sharp breakout beyond the $4,800 all-time high seems more likely to play out before any notable correction sets in.

Sentiment Analysis

Exchange Reserve

The chart shows Ethereum’s price movement alongside its exchange reserve across all exchanges. Over the last two years, exchange reserves have been in a consistent downtrend, dropping from above 28 million ETH in early 2022 to around 18.6 million today.

This significant decline suggests that a large portion of ETH has been moving off exchanges, likely into cold storage or staking. Historically, such supply reduction on exchanges tends to tighten available liquidity, creating favorable conditions for upward price pressure, especially during strong bullish phases.

The recent surge to around $4,700, just shy of the $4,800 all-time high, aligns with this supply squeeze narrative. If the decline in exchange reserves continues, ETH will likely rally even higher in the coming months.

A new entrant in the treasury race has emerged, closely tied to the crypto-friendly family of the US President.

Already deeply entrenched via multiple entities and corporations, this latest endeavour is in its early stages.

Dual Approach

The publicly traded Thumzup Media Corporation, an advertising and social media company listed on the NASDAQ (TZUP), which recently adopted the treasury strategy, announced that it will expand its Digital Asset Treasury (DAT) for mining and blockchain investments.

This follows their $50 million capital raise, which will be deployed for mining infrastructure and the accumulation of established cryptocurrencies to bolster the company’s financial resilience and increase shareholder value.

“This is a transformative step in Thumzup’s evolution. With a strengthened capital base and a clear strategic vision, we are expanding our reach into high-growth areas of the digital economy. ” – Robert Steele, CEO.

The eldest of President Trump’s sons, Donald Trump Jr., disclosed an investment in Thumzup to Bloomberg last month, revealing that he had purchased 350,000 shares, valued at around $3.3 million.

In the same month, the corporation issued a press release outlining its plans to hold up to $250 million in cryptocurrencies, including Bitcoin, Ether (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), Litecoin (LTC), and the USDC stablecoin.

In November of last year, the board of directors approved the leading cryptocurrency as a reserve asset, authorizing up to $1 million in purchases.

Deep in The Game

This is currently the second company associated with the Trump family that is stockpiling the largest crypto asset, and their holdings pale in comparison to those of Trump Media & Technology Group.

Thumzup Media began accruing the asset in early January this year and currently holds 19.11 BTC, valued at approximately $2.33 million. They have a way to go before reaching the top 100, as they are currently sitting in the 115th spot.

The enterprise running the Truth Social platform has 15,000 bitcoins valued at around $1.83 billion, placing them in the 7th spot on the BitcoinTreasuries leaderboard. They are behind Metaplanet’s stack of 18,113 BTC, roughly priced at $2.21B, and ahead of CleanSpark Inc.’s balance of 12,703 BTC, worth around $1.55 billion.

Apart from these companies stacking the OG crypto, the First Family also has close ties to World Liberty Financial, a DeFi firm which they co-founded in 2024, launching their token (WLFI) and stablecoin (USD1).

The latter has a market capitalization of over $2.1 billion, according to CoinMarketCap (CMC) data at the time of writing, and is the fifth-largest stablecoin in the site’s rankings of this asset class.

The speculative Trump meme coin is also notable here, currently boasting a $1.91 billion market cap, according to CMC readings. It launched in January 2025, and saw its price surge to over $75, only to crash as quickly as it rose, and is currently trading at around $9.50.