The price of Stellar (XLM) ascended by 16%, boosting its market capitalization to 13 billion USD as of January 2, 2025. Technical indicators, such as RSI, Ichimoku Cloud, and EMA lines, reflect a bullish market sentiment, yet caution is advised against price hurdles ahead.

While XLM shows strong momentum, the overbought RSI suggests potential consolidation. A failure to sustain above 0.41 USD could result in a downshift to 0.31 USD. Nonetheless, recent bullish patterns like the golden cross offer optimistic projections for XLM in the near term.