A recent technical analysis of Stellar (XLM) has set off alarms in the market. According to industry experts, XLM’s current price structure on its weekly chart shows striking similarities to the 2017 bullish setup, suggesting a major upward movement could be brewing. This pattern has captured the attention of investors, who remember the explosive appreciation the asset experienced in that cycle.
Technical data is at the core of this optimistic outlook. The price of XLM has managed to break out of a long-term descending wedge, a chart pattern that often precedes bullish reversals. Furthermore, the asset has broken through a multi-month downtrend line. Analysts interpret the recent volatility as a testing or “retest” phase of this breakout. Therefore, this consolidation could be the calm before a significant bullish impulse.
A new bull cycle on the horizon?
The relevance of these patterns lies in their astonishing resemblance to the market behavior in 2017. In that year, a similar breakout from a descending wedge triggered one of the most aggressive rallies in XLM’s history. The current technical structure appears to be forming on the same foundation, leading analysts to project a similar scenario for the fourth quarter of 2025. This historical context gives considerable weight to the current projections, setting them apart from ordinary speculation.
Stellar’s correlation with major market assets like Bitcoin (BTC) and Ethereum (ETH) adds another layer to the analysis. With projections placing Bitcoin at $200,000 and Ethereum at $7,500, a general market boost would greatly benefit XLM. This synergy between assets is fundamental to understanding the global cryptocurrency economy, where the momentum of leaders often pulls other solid projects like Stellar along. Investors are closely watching to see if this correlation will remain strong.
Outlook and future of the XLM price
The current scenario presents a confluence of positive technical indicators for Stellar. The breakout from long-term bearish patterns, the similarity to the 2017 bull cycle, and the potential boost from the broader market create a favorable outlook. While past performance does not guarantee future results, the technical evidence suggests considerable potential. The coming months will be crucial to confirm if XLM is indeed in the early stages of a new and anticipated Stellar (XLM) bull run. The investment community remains watchful for the validation of these patterns.
