XLM, the native token of Stellar, has been gaining significant attention as it defies the broader market’s bearish trends. While major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) have seen notable price declines, XLM has posted an impressive 5% gain in just 24 hours as of March 14, 2025. This performance has fueled optimism among traders, with some analysts suggesting that the asset could be poised for a substantial rally.

XLM’s Impressive Market Momentum

XLM is currently trading near $0.27, having gained more than 5% in the past day. During the same period, trading volume for XLM surged by 75%, indicating strong participation from traders and investors. This surge in volume is a clear sign of increasing interest in XLM, especially as it gains momentum in the face of a broader market downturn.

While Bitcoin and Ethereum saw declines of 3.5% and 2%, respectively, XLM’s impressive upward movement highlights its resilience amid bearish sentiment. This divergence from the broader market is raising hopes that XLM could continue its ascent.

Expert Analysis on XLM’s Potential

Several experts have commented on XLM’s price action, noting that the token is forming a bullish flag and pole price pattern. According to a prominent crypto analyst on X (formerly Twitter), XLM is currently positioned at the lower boundary of this pattern. If XLM manages to break through the $0.42 level, the analyst predicts it could surge to as high as $1.60.

Additionally, XLM’s recent price action has been supported by a crucial support level at $0.236. The coin has shown strength at this level and is now attempting to build upward momentum. If XLM continues holding above $0.236, a short-term surge of up to 18% to $0.33 is possible.

Technical Analysis and Upcoming Price Levels

XLM’s technical indicators also suggest bullish potential in the short term. The asset is encountering resistance from the 200 Exponential Moving Average (EMA) on the daily timeframe. However, if XLM manages to close a daily candle above the $0.35 level, experts anticipate the coin could see a massive surge. A successful breakout above this resistance could trigger a 65% rally, pushing the price to $0.605 in the coming days.

For now, XLM is facing resistance from key technical levels, but the price movement remains positive. If the coin can break through these barriers, it could experience substantial upside momentum in the short to medium term.

Major Liquidation Levels

In terms of market dynamics, XLM’s current price action is influencing leveraged positions. Traders are heavily invested in long positions, with $3.02 million worth of long positions concentrated around the $0.26 level. Another key liquidation level is at $0.285, where $2.65 million worth of long positions have been built.

This suggests that bullish sentiment remains strong among traders, and the liquidations of these positions could contribute to XLM’s rally if the price continues its upward trajectory. Should the asset manage to break key resistance points, these over-leveraged positions could fuel a further price surge.

Conclusion: A 65% Rally Ahead?

XLM’s recent price action and technical indicators suggest it is well-positioned for a potential rally. Despite broader market challenges, XLM is defying the odds with impressive gains and strong support levels. With a potential 65% surge on the horizon if it can break key resistance levels, traders will be keeping a close eye on XLM in the coming days.

As always, market conditions are subject to change, and traders should remain cautious and closely monitor technical levels to assess whether the bullish momentum can be sustained. However, XLM’s performance so far in March 2025 suggests it could be one of the few tokens to defy the current market downturn and deliver strong returns.