The Most Bullish Chart Belongs to Stellar’s XLM, Says Analyst

XRP and HBAR have been getting all the spotlight after jumping more than 40% in just one week. But there’s another altcoin that’s quietly outshined them both. Stellar (XLM) has surged over 60% in the last 7 days and now trades just under $0.50. And according to legendary trader Peter Brandt, this could be the most bullish chart in crypto right now.

Brandt shared a monthly chart of XLM, pointing to a massive bullish pattern that’s been building for years. He called it “potentially the most bullish chart of all,” but also pointed out two key conditions: XLM must stay above its April low, and it must eventually close above $1 to confirm a true breakout.

In his post, he wrote:

“Potentially the most bullish chart of all belongs to $XLM.XLM MUST MUST remain above Apr low and MUST MUST close decisively above $1. Until then this chart will remain range bound.”

Why the XLM Chart Looks So Strong

The monthly chart clearly shows an inverse head and shoulders pattern – one of the most reliable bottom formations in technical analysis. This pattern stretches back to 2018 and reflects years of accumulation. The “left shoulder” formed during the 2019 correction, the “head” at the March 2020 crash, and the “right shoulder” took shape between 2022 and late 2023. That kind of slow-build base often precedes explosive upside moves.

Source: X/@PeterLBrandt

The neckline of this massive formation sits just below $1 – a key level that acted as resistance during previous rally attempts. The Stellar price is still stuck under that line, but it’s now making higher monthly closes and has reclaimed its major moving averages. The 8-month and 18-month moving averages are both sloping upward, signaling a shift in long-term trend.

Another key detail on the chart is the clean breakout above a multi-year range. From 2022 through early 2025, XLM was mostly stuck in a tight zone between $0.08 and $0.20. That consolidation phase has now ended, with price expanding higher and pushing past previous lower highs.

The April 2025 low around $0.22 is now the most important support level on the chart. If bulls continue to hold that line, the structure remains intact. And if XLM finally closes above $1 on the monthly timeframe, it would confirm the breakout from a nearly seven-year range.

Read also: Did We All Miss It? Why Stellar (XLM) Not XRP Might Be the Real Global Reset Token

What Happens After $1?

A close above $1 would likely be a game-changer. That price level has acted as a ceiling since 2018. Once broken, it could flip into support and set up a much larger rally. Historical resistance often becomes a launchpad when flipped, especially on high timeframes like this.

The breakout would also complete the massive inverse head and shoulders pattern. Based on the height of the structure, a technical target could be estimated above $1.70 or even $2.00 – a move that would put Stellar back into conversation as a major altcoin leader.

XLM is showing serious strength. It has outperformed many of its peers in recent weeks and now carries one of the cleanest long-term reversal patterns in crypto. Price is above both key moving averages, momentum is building, and the market structure is pointing upward.

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