$XLM Nears Major Breakout 446% Upside Potential
XLM
0.2917
-3.53%
The cryptocurrency $XLM rose 3.62% to reach $0.3004, with trading activity about 19% higher than the 30 day average.
This gain outperformed the broader crypto market by 4.86%, increasing the likelihood that XLM is approaching a major breakout phase.
According to analysts, XLM has been forming a symmetrical triangle pattern for the past seven years, and if it breaks upward, the price could reach $1.52 — representing a potential 446% profit from current levels.
Key Technical Points:
Support: $0.3058
Resistance: $0.3118
Trading Volume: 68.52M (78% above the 24 hour average)
Pattern: Double-wave rally with consistently higher low points
