$XLM Stellar’s XLM price dropped by almost 8% in the last 24-hours, nonetheless technicals showed some bullish reversal signs. Targets of $0.5666, $0.6242, and $1 are in focus as traders watch key support at $0.40 to sustain the upward momentum.

Analysts point to strong technical patterns and growing blockchain adoption as driving forces behind XLM’s rally.