XLM Price Near $0.45: Inverse Head and Shoulders Pattern Points to Potential Breakout

The Stellar (XLM) cryptocurrency is trading near $0.45, showing stability despite a recent peak above $0.465. Technical analysis points to an inverse head and shoulders pattern, suggesting potential upside towards $0.77. This formation aligns with Fibonacci retracement levels and key resistance areas. 24-hour trading volume has increased significantly, reflecting active market participation. Experts believe this pattern indicates a potential breakout from the current consolidation phase.