Stellar (XLM) eyes a potential $2.50 target as a bullish chart pattern emerges, fueling fresh comparisons with XRP.
Fresh attention has returned to Stellar after a crypto analyst highlighted a long-term chart pattern pointing to a potential $2.50 price target.
The post has sparked renewed discussion about whether XLM could mirror part of XRP’s market momentum.
While the technical setup has gained traction, the breakout remains unconfirmed. Investors continue to watch both crypto assets as they trade near key technical levels.
XLM Price Chart Points to Long-Term Breakout Setup
Crypto analyst Celal Kucuker shared a monthly XLM chart on X, arguing that Stellar has one of the strongest long-term technical structures in the market.
On the monthly chart, Stellar has by far the strongest setup. It looks like it wants $2.50.$XLM could follow $XRP ‘s momentum and reach much higher levels. pic.twitter.com/JOQxv6KB4G
— Celal Kucuker (@CelalKucuker) July 19, 2026
The chart outlines an ascending triangle that has developed over several years.
The pattern shows rising lows pressing against resistance near the $0.90 to $1.00 range.
According to the chart, a successful breakout could open the path toward a projected target near $2.50.
The projection comes from a measured move based on Fibonacci extension levels. That target only applies if XLM clears its long-standing resistance zone.
For now, Stellar trades well below that level. The multi-year resistance has rejected previous breakout attempts, leaving traders focused on whether price can finally close above the ceiling.
XRP Momentum Keeps Driving Market Comparisons
The latest XLM discussion comes as XRP continues to attract attention from crypto traders.
XRP recently traded around $1.10, while daily trading volume climbed and market capitalization held above $68 billion, according to CoinMarketCap.
Technical analysts continue to watch the $1.10 area closely. The level aligns with key moving averages that many traders use to track trend direction.
Beyond price action, XRP continues to benefit from ongoing ecosystem developments.
Market participants have tracked growth in Ripple’s RLUSD stablecoin and expanding institutional interest in the XRP Ledger.
The comparison between the two cryptocurrencies stems from their shared history in cross-border payments.
Even so, current market drivers differ, and each asset follows its own trading conditions.
Read Also:
XRP Is Coiling Inside Base 3. Traders Know What Came After Base 1 and 2
Crypto Investors Watch Technical Levels Closely
The chart shared on X presents a conditional technical scenario rather than a confirmed breakout.
XLM still needs to move above long-term resistance before the projected target becomes active.
The pattern has remained intact for years. Extended chart formations can produce large moves after confirmation, but they can also remain within established trading ranges.
Recent market discussion has linked XLM’s setup to XRP’s recovery attempts. That comparison reflects market sentiment rather than a direct relationship between the two assets.
For now, traders continue monitoring resistance on Stellar and support around XRP’s current price.
Both cryptocurrencies remain under close watch as technical signals and broader crypto market conditions evolve.
Be the first to comment