Stellar (XML) May Reproduce Past Bullish Trend

# Stellar (XLM) Approaches Significant Technical Inflection Point New York – Jae-Hyung Park: Cryptocurrency Stellar (XLM) is approaching another significant technical inflection point. Recently, XLM has surged over 8%, positioning itself to break through the 200-day moving average. Market participants are closely monitoring whether this will lead to a bullish trend similar to past occurrences. According to U.Today on the 13th (local time), in November 2024, when XLM reached a similar position, its price soared dramatically. At that time, XLM skyrocketed 541% to approximately $0.60. While this did not surpass its all-time high of $0.9381 recorded in 2018, it was a substantial increase. Should a similar pattern emerge this time, XLM could potentially rise to the $1.80 level. Even if it falls short of this target, achieving a new all-time high would require a further 240% increase from the current price. Currently, XLM stands at a crucial juncture. Breaking through the 200-day moving average could lead to significant gains. Conversely, failure to break through might result in price consolidation or a correction phase. Notably, XLM outperformed XRP by 173% last November but subsequently surrendered all gains and fell to historic lows. The market is keenly watching to see if this technical inflection point signals a rebound for XLM or heralds the start of further adjustments.