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Analysts aim at Stellar for $2.50 and compare XLM chart shapes with XRP

2026-07-20 12:02:23
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Analysts pointed out that Stellar (XLM) has a long-term bullish chart pattern, triggering a new round of comparisons with XRP.

After a long-term bullish chart pattern emerged, Stellar (XLM) has regained the attention of analysts. Traders are weighing the possibility of its breakthrough to $2.50, triggering a new round of comparisons with XRP.

Analysts highlight important technical forms of XLM

Cryptocurrency analyst Celal Kucuker released XLM's monthly price chart on the X platform, pointing to a strong rising triangle, which he believes is one of the strongest technical forms on the market right now. After years of development, this pattern will provide support for the upward trend if it can break through the resistance level.

Monthly charts show that Stellar has the strongest form on the market currently. Price models suggest that its target price may point to $2.50, which is likely to follow the momentum of previous XRP and climb to a higher level.

The rising triangle pattern is characterized by a series of higher lows converging into horizontal resistance, which is currently in the price range of $0.90 to $1.00. Stellar has tested this area multiple times in the past few years, but each attempt to break through has failed.

If prices can break through this resistance level, bullish expectations will be activated. Based on the Fibonacci expansion line, analysts estimate that the target price could be as high as $2.50. However, XLM is still below this threshold, and a breakthrough depends on whether prices continue to close above historical resistance areas.

Stellar is a blockchain-based network designed to facilitate fast, low-cost cross-border payments and asset transfers. Its native token, XLM, is used to pay for transaction fees and serves as a bridge currency within the network.

XRP maintains market attention in ecological development

When XLM analysis is released, XRP is still one of the focuses of attention in the cryptocurrency market. According to data from CoinMarketCap, the recent trading price of XRP is approximately US$1.10, daily trading volume has increased, and the market value has remained above US$68 billion.

Technical analysts are paying close attention to the $1.10 area, which coincides with important moving averages that traditionally indicate the direction of trend. XRP has also received additional support for ecosystem development, such as the launch of Ripple's RLUSD stablecoins and increased institutional participation on XRP Ledger.

The frequent comparisons between XLM and XRP stem from their common history of development as blockchain networks that support cross-border payments. However, each asset today faces different market pressures and developments.

Investors track technical levels seeking confirmation

Kucuker's chart outlines possible bullish scenarios for XLM, but confirmation requires prices to close above long-term resistance. Until then, traders remained cautious, knowing that patterns developed over the years could only bring large volatility after a breakthrough was confirmed.

Some market participants still associate the trend of XLM with the recent recovery of XRP. However, this correlation is seen more as an indicator of market sentiment than a direct relationship, as each asset is trading under different conditions.

Both Stellar and XRP are under close scrutiny as their respective networks develop and broader cryptocurrency market sentiment continues to change. Analysts and traders will be watching whether Stellar can decisively break through and test higher prices, while closely watching XRP's performance at the $1.10 support level for further trend signals.

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