Peter Brandt, a veteran crypto & commodity trader, just unleashed a price target for Stellar Lumens (XLM) that’s well above $1. Sharing a monthly XLM price chart, the seasoned analyst said “If you want to bet on a long shot (next few years), XLM is a good pick”.
Market Vet Chooses XLM as The Cycle’s ‘Top Pick’
The shared price chart depicts a multi-year descending trend-line with Stellar Lumens (XLM) now trading well below the 2018 highs. The Inverse Head-n-Shoulders based prediction by Peter Brandt takes Stellar Lumens (XLM) to $1.17, potentially doubling the current all-time high.
The green horizontal line at 1.17605 is the classic measured-move Stellar price objective.
Sponsored
Crypto Prediction Markets
18+ · Gambling involves risk. Play responsibly.
The chart also draws attention to several key moving averages & middle-range Average Directional Index (ADX) hinting at real potential for a major reversal. The reading on the current tread is mild, while the biggest resistance lies between $0.60 to $0.80.
Stellar Lumens (XLM) soared by 11.07% on Tuesday, restoring the $0.24 resistance level. This comes a day after blockchain infrastructure provider BVNK integrated Stellar’s XLM Network. Scaling throughput the network is also seeing unprecedented figures.
Stellar Lumen’s Rally Stems From Tech Upgrades
Stellar reached 217.4 TPS on September 26, 2026. That’s the best transactions-per-second rate ever recorded. The question whether this will reflect in the longer term, as Stellar Lumen’s TPS also depends on Stellar Consensus Protocol (SCP) efficiency and propagation.
How quickly transaction sets spread across validators and how consensus proceeds. XLM’s latest Protocol 28 (Adapter / CAP-83) improved this by allowing validators to begin voting before a full transaction set arrives and to handle late sets more cleanly, helping under-load.
That kind of capability is only made possible by Protocol 28. This key chain upgrade kicked in mid-September, 2026. The cutting-edge consensus mechanism now lets validators vote on XLM chain amendments before the whole batch of transactions arrive on the network.
Dive into DailyCoin’s trending crypto news today:
Consumer Confidence Index About to Send a Signal to Bitcoin — Here’s What to Watch
Vilhelm German Case Dismissed in Court. Lithuanian Prosecutors Sink in Shame.
Be the first to comment