Stellar (XLM) saw a 1.68% price increase on February 8, 2026, rebounding from a key support zone between $0.145 and $0.157. Despite this daily gain, the cryptocurrency remains in a weekly downtrend, with an 8.06% loss. Analysts note early bullish signals on technical indicators but emphasize that the overall market trend remains cautious, with recovery targets identified at $0.200, $0.255, $0.310, and $0.380.
Stellar (XLM) gained 1.68% on February 8, 2026, bouncing from a strong support area near $0.145–$0.157. This short-term rally reflects renewed buying interest amid broader market pressure.
Despite the daily increase, XLM’s weekly trend is bearish with an 8.06% decline. At the time of writing, XLM trades at $0.1634 with a 24-hour volume of $128.24 million according to CoinMarketCap.
XLM remains inside a descending channel, with the lower boundary signaling accumulation. Crypto analyst Jonathan Carter stated on social media that traders are targeting recovery levels at $0.200, $0.255, $0.310, and $0.380.
Key support levels are at $0.145 and $0.092, with a suggested stop-loss slightly below $0.140. A break below $0.145 would weaken the current bullish argument for the token.
The RSI is at 49, indicating neutral momentum after recovering from oversold conditions. The MACD shows a rising histogram in positive territory, suggesting growing positive momentum.
The MACD line remains negative but is converging with its signal line, hinting at a potential bullish crossover based on TradingView data. These signals, combined with volume analysis, can identify short-term trading opportunities.
Traders are monitoring XLM’s rebound as a potential short-term upside within a larger bear trend. The price faces a strong resistance zone between $0.470 and $0.570 where sellers may reappear.
