$XLM
The ascending triangle has formed after a 90% rise 🚀📉
🔥 Stellar (XLM) surged over 90% in July, supported by increased adoption of real-world assets (RWA) and the bullish momentum following XRP's legal victory.
📊 XLM is now consolidating in an ascending triangle between $0.33–$0.44, after breaking out from a long downtrend.
📉 The MACD is cooling off, while the RSI has dropped from 77.5 to 59—indicating a healthy re-accumulation. Volume remains high, showing ongoing interest.
🛡️ As long as the price stays above $0.37–$0.38, the bullish structure remains intact. A breakout could drive it towards $0.51, with extended targets at $0.60–$0.62.
💼 With over $450 million in tokenized assets, CBDC experiments, and partnerships like MoneyGram, XLM stands out as one of the key real-world assets and payment plays in this cycle.