Stellar ($XLM) is eyeing its first major golden cross of the year. The MA 50 has touched the MA 200 on the daily chart, with traders now watching for a crossover in the coming days.
If the MA 50 crosses above the MA 200, this will confirm a golden cross, and vice versa will imply a death cross, which is a bearish signal.
Given the current setup and with the MA 50 trending upwards, it is more likely that a golden cross will emerge.
Stellar saw a significant increase as positive developments boosted its price, which is up 47.3% in the last 30 days. A golden cross signal on the $XLM price chart will mark the first of its kind in 2026, with the last one occurring in July 2025.
The last golden cross for Stellar coincided with overbought conditions. $XLM had rallied before it, and the golden cross appeared shortly after it rose to $0.52 in July 2025. The weeks that followed saw a drop in $XLM price.
This mirrors the current setup, with $XLM seeing a sharp surge to $0.297 at May's close before retreating. It will be watched whether the incoming golden cross will continue $XLM's price surge or whether the current profit-taking continues.
How $XLM holds above its daily Moving Averages 50 and 200 will be watched, as this will help sustain its current uptrend, with the potential to retest $0.3.
Stellar's new developments
Major crypto exchange Binance is set to expand the list of trading choices offered on its Spot trading platform with two new Stellar ($XLM) pairs scheduled for listing. Binance will open trading for $XLM/U and $XLM/$USD1 trading pairs on July 23 at 08:00 (UTC). The move, Binance says, will enhance users' trading experience.
In addition, Binance will enable Trading Bots services for Spot Algo Orders of $XLM/U and $XLM/$USD1.
Stellar ($XLM) eyes July date for key upgrade: Zipper (Protocol 27), which adds authentication delegation for custom accounts and address-bound Soroban address credentials, is set to launch in early July. July 8, 2026 has been earmarked for the mainnet upgrade vote, occurring after the testnet upgrade.
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