Stellar Lumens (XLM) surged to a yearly high of $0.52 with a target of $0.63, following an 87% increase in the last week, mirroring XRP’s gains. Both assets share a 100-day correlation index of 0.95, indicating a potential rally to new highs. XLM/BTC pair may see a trend reversal if it breaks above 0.000006.
Peter Brandt considers XLM to have the most bullish chart among major crypto assets, with $0.20 as support and $1 as the breakout level. Reclaiming and holding above $1 will be crucial for XLM’s sustained rally. Immediate resistance levels near $0.62 and $0.80 could lead to selling pressure before a breakout to $1.
XLM open interest hit an all-time high of $589 million in the futures market, with funding rates remaining neutral. Accumulation during a period of sideways price action between $0.30 and $0.20 suggests strong buyer interest. The rising spot CVD and neutral taker CVD indicate a potential breakout scenario for XLM in Q3-Q4 2025.
Read more at Cointelegraph: XLM Could Follow XRP’s Rally And Break $1 In 2025