$XLM It is staging a strong comeback, breaking out of a descending channel pattern—a bullish signal after a period of lower highs and lows.

The price has surged to $0.4617, up 5.03%, with the target at $0.6357 as marked on the chart.

Rising volume supports this momentum, suggesting growing buyer interest.

Key support at $0.4000 is crucial to sustain the uptrend. With the channel breached, $XLM looks poised for a potential rally!