Peter Brandt Predicts 411% Upside for Long-Shot Crypto Bet XLM

Veteran trader Peter Brandt has identified Stellar (XLM) as a potential long-term dark horse in the crypto market.

In a recent post on X, Brandt mentioned that if you want to bet on a long shot over the next few years, $XLM is a good pick.

The chart provided by Brandt tracks XLM's price action back to the 2017-2018 crypto boom and highlights a massive descending trendline connecting major historical peaks across multiple market cycles, including the 2021 rally.

Brandt has drawn an upward-sloping support line beneath the price, creating a huge contracting structure that has been developing for years. XLM remains well below the pattern's descending upper boundary, leaving room between its current price action and the key resistance line.