After months of acting on the bear and lateral action, Stellar (XLM) finally shows serious signs of life. The star price has officially gone out of the bullish flag pattern over everyday time.
During this writing, XLM costs about $ 0.3. This breakthrough can open the door in the coming weeks for a massive rally if the momentum persists.
Stellar offers out of a long bullish flag
CLIFTON FX It also made a post that made it clear that XLM was trapped inside a channel for several months. This type of formation is called a “Bullish flag” Which usually signals the continuation of the previous strong step.
After XLM, Lipp himself made a big run at the end of 2024, creating a “pole” flag. Since then, the star price had moved in a controlled, shrinking channel lower, lower heights and lower low. This slow decline was actually a healthy and cooling period after explosive rally, not a caravan decay.
Now XLM has broke out above the top border of the flag with a strong bullish candle. More importantly, after cutting, it returned to test it back with the top of the flag and kept it as a support service – a classic gear that often signals upside down from the start of the major trend.
Clifton FX emphasizes that the bullish flag breakthrough was confirmed and that the re -testing was successfully processed on a daily time frame.
How high can the price of XLM go after a breakthrough?
Now, if the bullish flag is fixed and repeated, keeping a strong question, the next question is how high can you get here in the star rally?
The green projection box of the chart indicates about $ 0.54 to a potential target. This would mean about +73% of the breakout area near $ 0.31. In classic technical analysis, the expected step after the bullish flag breakthrough is often equal to the original length of the original pole and is exactly here.
Read also: AI predicts: What will be the 2000 stars (XLM) chips by the end of 2025?
According to Clifton FX, the “massive bullish rally” is now expected and given the breakthrough and successful repetition, this prediction seems well justified. XLM has all the technical ingredients in place that it is supportive when the wider market conditions are stronger.
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