Stellar Hits $4,500: Analyst Predicts Bull Run & Potential for $1, Then $5

After weeks of sideways movement, Stellar’s (XLM) price has broken out of a descending wedge pattern – a bullish signal. The breakout occurred three days ago, and since then, the XLM price has shown signs of continued upward momentum. With market volatility rising and investor interest returning to the cryptocurrency space, traders are watching closely for the next leg of the rally. 3D charts by Matrix Wealth Media analyst reveal this surge in activity. XLM’s price surged nearly 11% in a single day, accompanied by an over 190% jump in trading volume. The analyst believes this is further proof of XLM gaining traction and becoming more popular with long-term investors. In a recent video, the host explained that early traders have already enjoyed substantial profits. He believes this price surge confirms that Stellar is now