Stellar broke out of a long-term wedge with targets at $0.417 and $0.681, pointing to a 126% rally potential.
Volume spikes confirmed each breakout as XLM moved off higher lows and reclaimed key resistance near $0.25.
The daily chart shows strong candles and a wedge breakout above $0.30, with buyers defending $0.25 as new support.
Stellar (XLM) is flashing signs of strength following multiple technical breakouts across both short- and long-term charts. Analysts highlight volume-backed patterns with clean trend reversals and consistent upward momentum heading into mid-2025.
Bull Flag Breakout Points to Extended Upside
Stellar’s price structure shows renewed strength after long consolidation and multiple breakout confirmations. The coin is attempting a sustained trend shift with volume and higher lows supporting upward continuation. Current market behavior reflects a technical setup that aligns with key bullish formation patterns.
A potential bull flag breakout is now under observation by analyst Javon Marks. He examined Stellar’s performance from late 2021 through 2025, noting a shift from sustained decline to upward price movement. According to Javon Marks, a long-term descending pattern reversed when price broke a critical resistance trendline in early 2023.
Source: Javon Marks
The breakout was followed by a sharp climb and a subsequent consolidation phase into late 2023. This analysis shows the price climbing above $0.25 before correcting into a falling wedge. The falling wedge broke upward again in early 2025, triggering another rally phase with higher targets.
His upside targets include $0.417 and $0.621, derived from previous cycle highs and technical extensions. He expects the price to accelerate toward $0.681, a move that would mark a 126% increase. If this level breaks, he projected the next major resistance could emerge near $1.29.
The analyst also noted strong support from consistently higher lows and visible price compression before breakouts. Historical price data shows each rally followed well-defined technical structures backed by volume spikes. Marks believes continued momentum may drive Stellar beyond its local highs.
Daily Chart Breakout Confirms Short-Term Strength
Besides the long-term analysis, a second pattern supports the immediate bullish trend across the daily chart. Analyst ALLINCRYPTO has shared detailed observations confirming a breakout from a falling wedge pattern since November 2024.
Source: ALLINCRYPTO
The wedge narrowed into April 2025, after which a strong breakout occurred. According to ALLINCRYPTO, volume spiked above 10.5 million XLM during the move. The Stellar price retested previous resistance near $0.25, which now acts as support.The daily close at $0.30177 sits just below the 30-day SMA, indicating possible short-term resistance. However, bullish candles with strong bodies continue forming, signaling healthy buyer momentum. Resistance remains near $0.35, while $0.19 holds as structural support from March 2025 lows.