Analyst: “I’m Doubling On Stellar” Before XLM Price Does

Stellar Aims For This Double‑Top Ahead Of High Targets

Drawing a Fibonacci Circle on the monthly XLM price charts, French crypto technician Egrag is adding to a broader rebound rally. The seasoned trader says he is now double‑up his XLM position, noting that the popular DLT‑based altcoin has just cleared a critical resistance level.

Back in mid‑May, Stellar Lumen’s (XLM) rise top‑hit $0.258 twice before retreating toward $0.155 near the August 2026 low. Reclaiming the upper range proved tough, but Stellar’s major holders have driven the OG token back to zones where bulls expect strong gains.

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Just like in mid‑May, Stellar’s big‑time investors are again eyeing XLM at the current price range. Known as “buying the dip,” large cryptocurrencies are stepping in when they sense a bottom opportunity. The whale‑relevant CMF index has turned positive once more.

What Bullish XLM Signs To Look Out For Beyond This?

Stellar conquered the mid‑tier demand zone of $0.188, but the long‑term XLM price targets laid out by Egrag reach well above that. Targets were derived using Fibonacci circles, which smooth historical moving averages to provide a forward‑looking perspective.

The veteran analyst outlined three bullish targets anchored in the Fibonacci Circle pattern: $1.59, $2.25, and $3.72. The white ascending line flags a prior breakout within that framework, while $0.24 sits at the pivotal juncture separating bullish and bearish dominance. Spot demand will further clarify the trajectory.

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