Stellar (XLM) Tipped For Historic Breakout With $11 Price Calls: Analyst
DTCC plans to connect its tokenization platform to the Stellar network as part of a multi-chain strategy for tokenized assets, boosting attention on XLM. The announcement coincided with a sharp XLM rally and a monthly chart bounce from a long-term ascending support line. A widely watched analyst says the pattern has repeated across several market cycles since 2017, with previous tests of the same support leading to recoveries. Based on that structure, a bullish target range of $5 to $11 is being projected, with a breakout above long-term resistance seen as the key next confirmation. Sentiment has improved further as XLM search interest reached a three-month high, suggesting rising retail interest alongside growing institutional blockchain activity.
