Stellar (XLM) is on the move – and it’s catching traders’ attention for all the right reasons. After a long stretch of sideways price action, the XLM price has finally broken out of a multi-month descending triangle pattern. The breakout has pushed the price up more than 20% in just a few days, and momentum is building fast.
According to popular chart analyst World of Charts, Stellar is now trading at $0.3185, following a clear breakout above the long-standing trendline resistance. In a tweet earlier today, the analyst pointed out that XLM is already “running in 20%+ profit so far” and is showing signs of further continuation.
XLM Chart Analysis
The daily chart shows a clean and powerful technical breakout. XLM had been consolidating inside a falling wedge – a pattern often seen before upward reversals. Once the upper boundary was broken with strong volume, bulls rushed in.
The tweet highlights a projected move of nearly +97% from the breakout point, with a potential target sitting around $0.58 to $0.60. That’s a major jump from current levels, and while no move is guaranteed, the setup definitely favors the bulls for now.
$Xlm #Xlm Following $Xrp Path, Running In 20%+ Profit So Far, Expecting Continuation https://t.co/PPrHwmK91f pic.twitter.com/IGEcMxDNku
— World Of Charts (@WorldOfCharts1) July 11, 2025
What makes this rally even more interesting is that it looks like XLM is mirroring XRP’s recent price action. XRP surged earlier in the week after gaining traction from bullish sentiment and growing confidence in Ripple’s regulatory position. Stellar, which shares a similar origin story and technical structure, is now playing catch-up.
With today’s price surge, XLM is among the top-performing major cryptocurrencies in the market. Its 24-hour gain of 5% may not sound extreme on its own, but when combined with the bullish breakout and upward continuation from earlier this week, it’s clear that momentum is with the bulls.
Traders are now watching closely to see if XLM can stay above the $0.30–$0.32 zone, which previously acted as resistance. If it holds, it could flip into new support – and open the door for the next leg higher.
What to Watch Next
If the rally continues, the first key resistance to watch sits near the psychological level of $0.40. After that, the $0.50–$0.60 zone becomes the next major target – just like World of Charts’ projection showed.
But if buyers lose steam, a pullback to retest the breakout zone around $0.27–$0.29 would be completely normal. What matters most is whether bulls defend that level and keep the uptrend alive.
With momentum on its side and positive sentiment building in the altcoin space, Stellar might just be gearing up for a much bigger move. As one of our team members said today – “XLM is finally waking up.”
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