Stellar (XLM) Price Prediction: Triangle Breakout Could Propel It to $0.37

Stellar's price chart just flashed a bullish signal that could send it soaring.

Technical Breakout in Play

XLM has decisively broken out of a prolonged consolidation pattern—a classic symmetrical triangle. In charting terms, that's the market taking a deep breath before the next big move. The breakout suggests the prior indecision is over, with buyers now firmly in control.

The $0.37 Target

So, where's it headed? The measured move from the triangle pattern points squarely toward the $0.37 level. That's not just a random number; it's the technical projection based on the pattern's height. Reaching it would mark a significant rally from current levels, turning the breakout from a signal into a full-blown trend.

Of course, in crypto, a chart pattern is about as reliable as a banker's promise—it needs volume and momentum to confirm. But if the bulls hold this ground, the path toward that target looks clear. Watch for follow-through buying; that's what separates a real breakout from a fake-out designed to trap the overeager.

For now, the technicals are shouting 'bullish.' Whether the market listens is another story—after all, this is an asset class where 'fundamentals' can sometimes mean a celebrity tweet. But the chart has spoken: XLM is aiming higher.

XLM Eyes Critical Support Amid Building Momentum

On the 1-day chart, Stellar (XLM) remains positioned at the edge of an important level of support in the $0.21-$0.22 region, which has furnished strong support in previous trading times. Although the market remains in the midst of a consolidative pattern in the vicinity of this level, market participants continue to monitor it closely, which could facilitate an uptick.

Source: Zain Haider

The technical indicators are painting an interesting picture. The Relative Strength Index is just starting to turn up, showing that momentum is improving even as price is running along NEAR support levels. This type of divergent action, where momentum is increasing while price is flat, tends to be a precursor to a big move. XLM could see renewed buying interest and thus start trending substantially higher if this support is maintained while momentum continues to increase.

Triangle Signals Imminent Breakout Toward $0.37

The Stellar (XLM) is trading around $0.22 and is seen in a classic triangular pattern where the price is being compressed between an increasing support line and a declining resistance line. This kind of chart pattern indicates a kind of indecision or uncertainty in the market as both buyers and sellers are equally locked in a tight struggle.

Source: Ripple Bull Winkle

The levels to keep an eye on are $0.15-$0.22 area. Breaching the this level could send XLM to $0.37, while breaking down from support could send it to $0.06. As the triangle pattern approaches its peak, a clear breakout is imminent, and volume is expected to determine which way the trend is headed.

Also Read: Stellar Blockchain Drives Real Estate Accessibility, XLM Eyes Key $0.246-$0.265 Levels