Stellar Soars to $0.50 on PayPal Integration — Here's The Best DeFi Coins Ready for Next Rise
Stellar recently experienced a significant boost, reaching $0.50 following its integration with PayPal. This surge has sparked interest in the crypto community, leading many to wonder which DeFi coins are poised to follow suit. Explore the potential winners in the next wave of growth and stay ahead in the fast-paced world of decentralized finance.
Stellar (XLM): Recent Climbs and Steady Mid-Term Growth
Over the past week, Stellar surged by nearly 30%. The coin experienced about 85.5% growth in the last month, reflecting strong short-term momentum. However, over a six-month span, the growth was a modest 8.2%, indicating a period of consolidation after rapid gains. Price movements have been lively, showing that short-term dynamics are stronger than the longer-term trend.
Currently, Stellar trades between $0.21 and $0.28, with resistance at $0.31 and $0.38. Support levels are found at $0.18, with further backing near $0.11. The relative strength index of 74.44 indicates that bulls are in control, but caution is warranted due to overbought conditions. No clear long-term trend is evident, suggesting trading strategies should focus on these key levels. Buying opportunities may arise near support, aiming for gains at immediate resistance. Monitoring indicators like the Awesome Oscillator at 0.170 and the Momentum Indicator at 0.178 is crucial for refining trades.
Hyperliquid Price Patterns and Key Trading Levels
Hyperliquid showed a steady performance with gains around 13% over the past month and a striking increase of about 118% over six months. A one-week decline of nearly 4% indicates short-term corrections amid solid long-term strength. The price action reflects significant upward movement while also encountering moments of pullback. The extended surge over six months contrasts with recent volatility, setting the stage for potential future moves. Rising momentum over half a year and minor adjustments in a one-week window signal a coin steadily improving its market position through phases of repricing.
The current trading scenario places Hyperliquid in a defined range with a base between approximately $31 and $47. Immediate resistance exists near $54 while support holds at roughly $24. A second level of resistance is noted near $69, and a lower support level is around $9. Bulls have pushed prices upward into a range supported by an RSI above 50 and positive momentum readings. However, the recent decline and slight negative oscillator hint at caution among sellers. Trading ideas suggest looking for buying opportunities near support levels, while a sustained move above the immediate resistance could bolster the bullish case. The market reflects a balance between buying pressure and corrective selling within established price bands.
AAVE Price Action: Strong Monthly Surge with Steady Six-Month Trends
Aave recorded a 22.35% rise over the past month, while its six-month increase settled at 2.82%. A weekly boost of 6.38% underscores a period marked by brisk buying activity that contrasts with a broader, more measured longer-term build. Price movements have been energetic in the short term, reflecting renewed buyer interest, yet a gradual longer-term advance hints at underlying market caution. This behavior provides traders with clear signals to keep an eye on rapid gains alongside challenges in sustaining long, sweeping trends.
Current trading lies between $216.95 and $328.68, framed by immediate support at $159.46 and resistance at $382.91, with a second resistance level at $494.63. Bulls are pushing prices upward toward the resistance zone, yet any dip toward lower support could trigger a retreat. The RSI reading of 60.86 indicates that momentum is on the upswing without reaching overbought levels. Traders may consider buying on dips within these key levels, setting protective stops just beneath support, and taking profits near resistance levels to capitalize on the coin’s active price range.
Conclusion
The rise of Stellar (XLM) to $0.50 following PayPal integration marks a significant achievement. This momentum highlights potential for other DeFi coins to surge. HYPE and AAVE stand out with strong developmental progress and increasing user adoption. These factors suggest that these coins are well-positioned for the next upward movement in the market.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Investment Disclaimer
