Stellar (XLM) is trading around $0.15 and showing classic distribution patterns, with selling pressure building toward the $0.12 support level. Analysts tracking the token say a correction to that price point now looks likely before any sustained recovery. A rally of roughly 50% to $0.18 by late June is still on the table — but only after the sell-off plays out.
Why $0.12 matters
The $0.12 mark has been a key floor in recent trading. Distribution patterns — where large holders gradually sell into rising prices — suggest sellers are still in control. The correction target of $0.12 lines up with that zone. If XLM holds there, it would set up a base for the expected summer move. If it breaks lower, the recovery timeline could shift.
The summer rally forecast
After hitting $0.12, the token is projected to stage a 50% rebound, pushing toward $0.18 by the end of June. That kind of swing would erase recent losses and put XLM back near levels seen earlier this year. The timing hinges on whether the selling pressure exhausts itself at support or extends further. No specific catalysts were cited in the forecast — just the technical pattern of a sharp reversal after a deep pullback.
The immediate focus is on whether $0.12 holds. If it does, the path to $0.18 opens up. If not, traders will look for the next floor. With late June as the target date for the rally, the next few weeks are critical for Stellar's price action. No official statements from the Stellar Development Foundation or any exchange were released regarding the movements.
