Is Stellar Ready to Soar? Inverse Head and Shoulders Signal Hints at Potential Rebound

The crypto market is showing signs of life, with Ethereum’s price recovering after a steep Q1 downturn. While other altcoins have experienced gains, one noteworthy example is Stellar (XLM), which has surged nearly 27% in the last month. However, XLM recently experienced a pullback, dropping more than 6% over the past week. Is this simply a correction or the start of another bearish trend? A closer look at the chart reveals a potential bullish reversal pattern.