{"id":7818,"date":"2025-05-10T08:00:28","date_gmt":"2025-05-10T08:00:28","guid":{"rendered":"https:\/\/coinsrise.net\/blog\/stellar-xlm-breakout-eyes-30-rally-will-it-repeat-last-cycles-playbook\/"},"modified":"2025-05-10T08:00:28","modified_gmt":"2025-05-10T08:00:28","slug":"stellar-xlm-breakout-eyes-30-rally-will-it-repeat-last-cycles-playbook","status":"publish","type":"post","link":"https:\/\/coinsrise.net\/blog\/stellar-xlm-breakout-eyes-30-rally-will-it-repeat-last-cycles-playbook\/","title":{"rendered":"Stellar (XLM) Breakout Eyes 30% Rally \u2013 Will It Repeat Last Cycle\u2019s Playbook?"},"content":{"rendered":"

After breaking out of its five-month downtrend, an analyst suggests a repeat of Stellar (XLM)\u2019s last cycle playbook could be on the horizon. The cryptocurrency has confirmed its breakdown from a bullish reversal pattern and eyes a surge toward new targets<\/p>\n

Stellar Breakout Targets $0.39<\/h2>\n

Amid the market pump, Stellar has broken out of a key demand zone and retested the $0.30 mark for the first time since March. The cryptocurrency has been in a downtrend since its November 2024 breakout, when it reached a three-year high of $0.63.<\/p>\n

During this year\u2019s retraces, XLM dropped 68% from the highs to a five-month low of $0.20. However, the late-April market recovery saw the cryptocurrency surge above the downtrend and attempt to confirm the breakout after recording a weekly close above the $0.28 mark.<\/p>\n

On Friday, Stellar has reclaimed the $0.29 resistance and retested the $0.30 mark for the first time in nearly two months. Following today\u2019s performance, Ali Martinez pointed out that Stellar is breaking out of a two-month inverse head and Shoulder pattern.<\/p>\n

\"stellar\"<\/p>\n

This pattern is a bullish reversal setup that suggests a potential shift from a downtrend to an uptrend. Earlier this week, the analyst pointed out that the pattern\u2019s right shoulder was forming and the neckline sat around the $0.29 mark.<\/p>\n

According to his post, a breakout from this formation potentially eyed a 30% rally toward the $0.39 resistance, lost during the February retraces.<\/p>\n

XLM To Repeat Historical Tendencies?<\/h2>\n

Analyst Rekt Capital highlighted that the cryptocurrency confirmed the end of its multi-month downtrend and a breakout from its Downtrending Channel.<\/p>\n

Per the post, if XLM weekly closes above its key area, between $0.27-$0.29, any dips into this zone would figure as a successful reclaim of the area as support to support a move to higher regions.<\/p>\n

\"Stellar\"<\/p>\n

The analyst explained that reclaiming the $0.27-$0.29 area is crucial because it is a \u201chistorical demand region on the monthly timeframe.\u201d In the past, turning this zone into support during bull markets has enabled Stellar to rally toward the $0.37-$0.40 mark.<\/p>\n

In 2021, the cryptocurrency rallied toward its cycle high of $0.80 after retesting the key demand zone and breaking out of the $0.37 barrier. Similarly, it hit its all-time high (ATH) of $0.87 after a breakout from this area.<\/p>\n

If XLM repeats history and rallies to the next resistance, it must reclaim and confirm that level to continue with its historical tendencies. \u201cAs such, a reclaim could see XLM challenge the $0.52 blue highs over time,\u201d Rekt Capital concluded.<\/p>\n

Meanwhile, analyst CW has noted<\/a> that after breaking the upper line of the downtrend channel, Stellar would encounter resistance in two selling walls, one between the $0.34-$0.38 levels, and a big one around the $0.47-$0.70 zone.<\/p>\n

As of this writing, Stellar trades at $0.296, a 2% increase in the daily timeframe.<\/p>\n

\"Stellar,<\/p>\n","protected":false},"excerpt":{"rendered":"

After breaking out of its five-month downtrend, an analyst suggests a repeat of Stellar (XLM)\u2019s last cycle playbook could be on the horizon. The cryptocurrency has confirmed its breakdown from a bullish reversal pattern and eyes a surge toward new targets Stellar Breakout Targets $0.39 Amid the market pump, Stellar has broken out of a…<\/p>\n","protected":false},"author":1,"featured_media":7819,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[25,229,718,734,439,252,17,1194,3404,3405,2604,1195,2500],"class_list":["post-7818","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-market-news","tag-crypto-analyst","tag-crypto-bull-run","tag-crypto-bull-run-2025","tag-crypto-market-correction","tag-crypto-market-recovery","tag-crypto-trader","tag-cryptocurrency-market-news","tag-stellar","tag-stellar-analysis","tag-stellar-breakout","tag-stellar-price","tag-xlm","tag-xlmusdt"],"_links":{"self":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/7818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/comments?post=7818"}],"version-history":[{"count":0,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/7818\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media\/7819"}],"wp:attachment":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media?parent=7818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/categories?post=7818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/tags?post=7818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}