XLM Breaks Out of Falling Wedge, Targets $0.95: Analysts See Massive Rally

Stellar (XLM) has just broken out of a key falling wedge pattern on the 8-hour chart, signaling a bullish shift in momentum. This breakout coincides with strong on-chain growth and increasing institutional investments. Analysts predict a potential rally towards $0.95 as XLM breaks free from this crucial technical formation. The breakout, which occurred around $0.38, has been accompanied by solid green candles and rising trading volume, indicating growing buyer interest. 400,000 new wallets added in Q2 along with over $600 million in real-world assets (RWAs) are further bolstering XLM’s potential for a significant price jump.