Stellar's Big Breakout Potential: Is XLM Ready to Rally?
Stellar $XLM is on the verge of a massive breakout from its long-standing descending channel, which has kept the price under pressure for months. Crypto analyst Universe of Crypto suggests that a breakout could trigger a bullish rally, finally ending the downward trend. The key to watch is whether XLM can break above the upper trendline in October. If it does, this could signal a 50% price surge, with targets near $0.150. Traders should keep an eye on this crucial resistance level, as the breakout could attract strong buying momentum. XLM might be set for its biggest move in months! Breaking this level would likely invite institutional investors who have been watching for signs of a reversal.
Mastercard and Stellar: A Game-Changing Partnership
Stellar’s partnership with Mastercard is more than just another collaboration—it's a major leap for the adoption of blockchain technology. By integrating Mastercard’s Crypto Credential solution, Stellar is enhancing transaction security and authenticity on its network. This move ensures that users can conduct verified and authenticated transactions, addressing one of the biggest challenges in the crypto space: trust. Expect this partnership to boost Stellar’s credibility and bring more institutions into its ecosystem. The focus on secure, verified transactions could make Stellar the go-to platform for cross-border payments. This collaboration highlights the growing acceptance of blockchain by traditional financial institutions, which could propel Stellar into the mainstream. The security features provided by Mastercard will strengthen Stellar’s reputation, attracting new users and use cases.
XLM’s Long-Awaited Comeback Could Be Here!
XLM is showing signs of resurgence, finally breaking out of its slump. Recent partnerships with big names like Mastercard and Franklin Templeton are restoring confidence in XLM’s long-term growth potential. While XLM has faced stiff competition from XRP, this comeback could help Stellar carve out its own space in the market.
The potential for XLM to regain previous price levels is real, and investors are taking notice. With a current price of $0.0955, Stellar’s price is poised for upward movement as the market shows renewed interest. Is this the start of a bullish trend? The current momentum suggests that we could see a continued push higher, with the potential for XLM to re-enter the top 20 cryptos by market cap.
