Stellar (XLM) price prediction: MACD golden cross pattern is imminent! Short positions Get Liquidated with $70 million in fuel ready, breaking $0.445 will trigger a rally.

Stellar (XLM) has recently surged 18% in price, currently reported at $0.434, driven by the bullish trend in the crypto market. The technical analysis shows that the MACD indicator is on the verge of forming a bullish golden cross pattern, coupled with $70 million in short positions ready for liquidation. After breaking through the key resistance at $0.445, it is expected to quickly target $0.50. If it successfully recaptures this psychological level, XLM will establish a strong recovery trend and become a potential asset in this round of altcoin rebound.

[Technical Analysis: MACD golden cross pattern is imminent, short positions become potential rise fuel]

(XLM MACD | Source: TradingView) Driven by the overall bullish sentiment in the crypto market, Stellar (XLM) has seen a significant price rise recently. Current technical indicators are sending positive signals:

• MACD Indicator Approaching Golden Cross Pattern: The Moving Average Convergence Divergence (MACD) shows that a bullish golden cross is about to form. Although the histogram encountered a brief setback during its move into positive territory, this technical barrier is expected to be breached soon as the market environment improves.
• $70 million short positions liquidation threat: On-chain liquidation heatmap reveals important bullish support—large short positions concentrated below key resistance. If XLM continues to rise, it could trigger nearly $70 million in short positions liquidations, and these forced liquidations will turn into strong upward momentum, significantly weakening the short side's control.

[Key price levels: $0.445 as the bull-bear dividing line, $0.50 as the recovery milestone] The current trading price of XLM is $0.434, having risen 18% over the past ten days, but it is currently facing strong resistance at $0.445. A complete recovery requires meeting two conditions:

1. Breakthrough $0.445 resistance: This is the primary technical switch to activate subsequent market movements.
2. Breaking through the psychological barrier of $0.50: This price level is not only a technical resistance level but also a milestone for the market to confirm that XLM has entered a strong recovery channel. Reaching this position may trigger a short positions squeeze, creating a positive cycle of rise.

[Path Derivation]

• Bullish Scenario: After successfully breaking through $0.445, with short positions liquidation fueling the rise, XLM is expected to quickly hit $0.47 and ultimately challenge the $0.50 target level. Holding above $0.50 will open up space for a push to higher price levels.
• Bearish Risk: If there is a market pullback or selling pressure, losing the $0.424 support level will weaken the outlook. If it further drops to $0.393, it will completely damage the current bullish structure, and the recovery process may be interrupted.

Conclusion: Stellar (XLM) is on the verge of a technical breakthrough, with the MACD golden cross pattern forming a "bullish dual engine" alongside a massive short positions liquidation zone. If it can leverage the favorable market momentum to successfully capture the $0.445 high ground, the $0.50 target will be within reach. As a veteran project in the payment track that shares the same origin as Ripple (Ripple), XLM may regain market attention if it completes this round of rebound. Investors need to closely monitor the outcome of the $0.445 offensive and defensive battle as well as the direction of the Bitcoin market.