Analyst Marks said XLM could surge 294% from current levels if higher lows hold

Uptrend depends on higher lows

Market analyst Javon Marks emphasizes that maintaining a pattern of higher lows is crucial for XLM’s bullish outlook. He notes that as long as this trend continues, there is potential for a strong breakout, with the price possibly reaching $0.681. This would represent an increase of more than 294% from current levels.

Javon Marks assesses that if XLM continues to establish higher lows, this technical structure could bring the $0.681 level into focus as a key target.

The monthly XLM/USDT chart reveals a wave-like pattern seen in previous cycles. Historically, long periods of decline have been followed by accumulation phases and sharp rallies. Currently, the rounded bottom formation since the 2025 highs signals a weakening in selling pressure as buyers gradually return to the market.

Although the price is still trading below its descending trendline, breaking above this line could pave the way for a move towards the $0.68 to $0.70 range. In a broader bullish scenario, the $1.20 to $1.25 band is also being monitored as a future target zone.

Support levels and wave analysis

Trend Serra Capital presents a similar technical perspective, suggesting through Elliott Wave Analysis that XLM may have reached the final stage of Sub-Wave 2. Should support hold, they believe Wave 3 could commence, potentially signaling the start of a new upward move.

Glossary: Elliott Wave Analysis is a technical approach that argues price movements unfold in repeating waves, shaped by investor psychology. Fibonacci levels are ratios used to identify probable support and resistance zones.

The analysis highlights $0.139 as the main support for XLM. Maintaining a price above this level is seen as critical to preserving the bullish structure. Conversely, reclaiming the $0.30 level would provide stronger confirmation of a trend reversal.

Intermediate support levels are noted at $0.204, $0.186, and $0.164. While these zones could attract new buyers, a dip below $0.139 would undermine the upward outlook.

On-chain activity and ecosystem growth

Technical indicators are further reinforced by on-chain data. The network averages around 51,500 daily active addresses, demonstrating continued engagement even during periods of weak market performance.

Observer Vijay highlights notable growth in Stellar’s real-world asset segment. Over the last five quarters, the total value of assets on the network has jumped from $760 million to $3.35 billion, driven by tokenized treasury products, credit instruments, gold, and stablecoins. Stellar is recognized as a blockchain focused on cross-border payments and asset tokenization.