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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
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XLM Coin Price at Make-or-Break Moment: Fourth Assault on $0.45 Could Spark Rally
Stellar (XLM) is mounting its fourth challenge against the stubborn $0.45 resistance since June, trading at $0.4447 despite a 0.99% daily dip. With Protocol 23 hype and RWA adoption at $460 million, this breakout attempt could finally stick.
XLM Price Action Shows Classic Resistance Fatigue Pattern
Stellar's repeated attempts at $0.45 show classic resistance fatigue — each rejection weakens the sellers. This fourth test comes with stronger fundamentals: Protocol 23 upgrade buzz and $460 million in RWA adoption.
Trading at $0.4447, XLM sits just 1.2% from breaking through. However, derivatives open interest remains thin, meaning big players haven't fully committed yet. Without these "anchor" participants, any breakout could lack sustained momentum.
What Happens if XLM Price Breaks Above $0.45?
A confirmed break above $0.45 with solid volume could trigger a move toward $0.50-$0.52. The key isn't just hitting $0.45 — it's holding above it with daily closes and increasing volume.
If volume doesn't materialize and the breakout fails, XLM could pull back toward $0.40 support. With Protocol 23 approaching and RWA momentum building, this fourth attempt at $0.45 might define Stellar's August price action.