After months of bearish and sideways action, Stellar (XLM) is finally showing serious signs of life. The Stellar price has officially broken out of a bullish flag pattern on the daily timeframe.

At the time of writing, the XLM price is trading around $0.3. This breakout could open the door for a massive rally in the weeks ahead if the momentum holds.

Clifton Fx also made a post that made it clear that XLM had been trapped inside a descending channel for several months. This type of formation is known as a “bullish flag” which typically signals a continuation of the previous strong move.

The flag itself formed after XLM made a big run-up back in late 2024, creating the “pole” of the flag. Since then, the Stellar price had been moving lower in a controlled, declining channel, making lower highs and lower lows. That slow decline was actually a healthy, cooling-off period after the explosive rally, not a bearish breakdown.

Now, XLM has broken out above the upper boundary of the flag with a strong bullish candle. Even more importantly, after breaking out, it came back to retest the top of the flag and held it as support, a classic move that often signals the start of a major trend reversal to the upside.

Clifton Fx emphasizes that the bullish flag breakout was confirmed and that the retest was successfully processed on the daily timeframe.

With the bullish flag now confirmed and the retest holding strong, the next question is how high can Stellar rally from here?

The green projection box on the chart points to a potential target of around $0.54. This would represent a move of approximately +73% from the breakout area near $0.31. In classic technical analysis, the expected move after a bullish flag breakout is often equal to the length of the original pole and that is exactly the case here.

Read Also: AI Predicts: What Will 2,000 Stellar (XLM) Tokens Be Worth by End of 2025?

According to Clifton Fx, a “massive bullish rally” is now expected, and given the strength of the breakout and the successful retest, this prediction seems well-founded. XLM has all the technical ingredients in place for a powerful move higher if broader market conditions stay supportive.

Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.

The post Stellar (XLM) Price Breakout Confirmed: Here’s the Next Big Target appeared first on CaptainAltcoin.

372 +