Stellar XLM Flashes Mini Golden Cross. Bulls Eye $0.50 for Takeoff

Stellar (XLM) has broken out of a multi-year sideways trend, soaring 95% in just one week and securing its place as one of the top-performing cryptocurrencies.

While the rally is currently cooling off in a consolidation phase, signs suggest this may be the start, not the peak.

XLM Downtrend Broken, Momentum Unleashed

Stellar (XLM) smashed through its multi-month downtrend line on July 10, triggering a vertical move that pushed the price to $0.52 levels last seen in January.

The breakout also confirms the start of the third Elliott Wave, a historically powerful impulse wave, following a deep correction that began in December 2024. This reversal occurred after a key bounce from below the 0.618 Fibonacci level, which is often viewed as a springboard for strong recoveries.