Analyst: XLM Is Setting Up For One of the Biggest Breakouts In History. Here’s the Signal

Crypto Patel (@CryptoPatel), a prominent technical analyst, believes Stellar (XLM) could be approaching a major breakout based on a recurring market structure visible on the asset’s long-term chart.

In a recent post, Patel stated that “XLM Is Setting Up For One Of The Biggest Breakouts In Its History” before adding, “Alt Season Is Loading. And It Looks Massive.”

He identified the range he is watching. He predicted the asset could trade between $5 and $10. The accompanying monthly chart outlines a setup that closely mirrors previous XLM cycles. Patel’s analysis focuses on a series of higher lows that have developed over several years while resistance gradually declines. The pattern creates a tightening wedge structure that now appears close to a potential breakout point.

Chart Points to Repeating Cycle Structure

Patel’s chart marks several major cycle lows with blue circles and key peaks with red circles. The pattern shows XLM producing strong rallies after extended accumulation periods. According to the chart, Stellar delivered gains of more than 3,000% following similar setups in both 2017 and 2020 during the bull markets.

XLM experienced a similar growth in 2024. Notably, the broader market experienced a remarkable resurgence at the time, with XRP rising more than 500% after years of silence. A green projection box highlights the historical advances, and the second projection suggests that Patel expects a comparable move if the current structure resolves upside.

Stellar (XLM) is Testing a Crucial Area

The chart identifies an accumulation zone around $0.15 to $0.20. XLM recently traded near the upper end of that area, with the chart showing a monthly close around $0.24. XLM rose following DTCC’s announcement that it plans to enable tokenized DTC-custodied assets on the Stellar network, with the service expected to launch in the first half of 2027.

At the same time, a descending resistance line from previous cycle highs continues to cap price action. Patel’s projection suggests XLM may first break above that resistance, then retest the area before beginning a larger advance.

What Comes Next for XLM?

The next key step in Patel’s setup involves a decisive move above the long-standing resistance trendline. His chart shows the price pushing through that level before advancing toward higher targets over the following years.

A horizontal target zone appears near $5, which aligns with the lower end of Patel’s stated range. The chart’s projected path then extends toward 2030, indicating that the historic breakout Patel predicts is a long-term opportunity rather than a short-term trade.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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