Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

XLM Tracks 51 and 52 Bar Cycles With Price Near $0.618 and $0.786 Zones

XLM shows two cycles of 51 bars and 52 bars that create a repeated structure on the weekly chart.

The chart maps price around the 0.618 and 0.786 Fibonacci zones, which form major reaction areas.

A long move rises toward the 1.272 zone as XLM follows the same breakout pattern seen earlier.

XLM moves into a new stage of its long cycle as the weekly chart shows two nearly identical ranges measured at 51 bars and 52 bars. These cycles represent 357 days and 364 days, which form a clear structure that repeats across the chart. Price now sits near the 0.618 Fibonacci level as traders watch for the next reaction within this long pattern.

XLM Shows Two Matching Cycles on the Weekly Chart

The chart displays two breakout points marked by green arrows, which appear almost exactly one year apart. The first cycle spans 51 bars and covers 357 days. The second cycle spans 52 bars and reaches 364 days. Both moves begin with a sharp price surge from a low support range that repeats across the chart.

The first surge lifts XLM into a long sideways zone that holds for most of the following year. Price oscillates between support and resistance while remaining stable across wide bands. The second surge mirrors the same behavior, which shows that XLM follows a structured and time-based pattern rather than random movement.

Both cycles show sharp vertical moves followed by a long consolidation. This view creates interest among traders who track repeating structures since the time and behaviour align closely. The formation also allows analysts to project future timing zones for the next major move.

Fibonacci Levels Shape the Current Structure

The chart includes a complete Fibonacci layout with levels at 0.236, 0.382, 0.5, 0.618, 0.70,2, 0.786, 0.888, and 1.272. Price now rests near the 0.618 level, which sits at 0.27. This level acts as a central point within the current range and marks an important area for future movement.

The earlier breakout reached toward the 0.786 zone and stalled before returning to the middle range. The chart marks the same level during the second cycle, which shows price reacting to the same resistance area again. This creates a link between both structures that strengthens the case for symmetry in XLM cycles.

Above the 0.786 level sits the 1 level, which stands near 0.93. The chart also maps a further target at the 1.272 level, which sits at 2.45. This level marks the top of the previous long rally that appears on the far right side of the chart.

Breakout Timing Aligns With Prior Behaviour

The repeating 357-day and 364-day bars form a clear timing framework. These cycles suggest that XLM may follow the same slope shift as it moves into the next phase. Traders examine this structure because past cycles offer a guide for possible future moves.

The chart shows blue price lines tracking the earlier structure and the current structure in parallel. This overlay shows similar behavior, which strengthens the case for a repeated model. The breakout from the second cycle already produced a strong move and now trades within a consolidation range.

The question that now guides trader focus is whether XLM will follow the final phase of the earlier cycle and reach the 1.272 level once again.

XLM1.17%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)