The post XLM News: Stellar Prepares for Multi-Year Breakout With $0.52 in Sight appeared on BitcoinEthereumNews.com.

Stellar is drawing renewed focus after technical charts suggest the token is pressing against a seven-year resistance trendline. With long-term accumulation structures forming and short-term support levels holding firm, traders are watching closely for signs of a decisive breakout. Current market data reinforces the possibility of a shift, though momentum indicators reveal that conviction still needs to strengthen before buyers can take full control. Multi-Year Breakout Pattern Gains Market Attention As highlighted in a recent post by Cryptollica, XLM’s long-term chart illustrates a classic accumulation phase. Major peaks occurred during the 2017–2018 and 2021 bull cycles, followed by a multi-year rounded bottom that has now developed into a potential handle formation. A descending trendline connects the historic peaks from 2018, 2021, and 2024, with current price action now testing this multi-year barrier. Source: X Volume dynamics support the accumulation thesis. The largest spikes appeared at historic peaks, while volume steadily declined during the long consolidation period. For a true breakout, traders will be watching for a sustained rise in volume above the long-term average as the price closes decisively over the trendline. This would confirm a structural shift from bearish compression to bullish expansion. The technical stakes are high. A clean weekly or daily close above the long-term resistance could flip it into support and confirm a multi-year trend reversal. However, failure at the trendline would leave the asset vulnerable to a retest of the handle lows, underlining the importance of risk management for traders positioning around this level. Market Data Highlights Strong Liquidity and Support According to BraveNewCoin data, the coin trades at $0.3923 with a market capitalization of $12.48 billion, supported by 24-hour trading volumes of approximately $336 million. Circulating supply stands at 31.78 billion tokens, giving the asset strong liquidity and market depth. The intraday chart highlights…

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Filed under: News - @ September 12, 2025 5:29 pm