Is Stellar’s Price Ready to Soar? Expert Analysis Reveals Potential Upside

The cryptocurrency market experienced a sharp rebound after Thursday’s sell-off, which briefly impacted Bitcoin (BTC) and Ethereum (ETH). However, both have since recovered. This broader rally is now lifting sentiment across the altcoin space, including Stellar (XLM). Technical analysis reveals potential upside momentum for XLM. 4-hour chart data suggests a breakout from a falling wedge formation—a bullish pattern that often precedes trend reversals. Additionally, a Bearish Cypher harmonic pattern supports this view, indicating a short-term rally before entering a reversal zone.