Stellar Lumens Chart Suggests Potential 7,008% Move
Stellar Lumens (XLM) is quietly drawing attention from traders as its long-term chart suggests a potential massive move. The cryptocurrency has repeatedly returned to a key liquidity zone since 2019, and it is currently sitting in that same area. According to trader TakeProfitNow, this zone has acted as a major demand area, absorbing multiple tests without breaking down.
The chart also highlights a long-term rising trendline that projects toward the $2+ region. From the current price near $0.22, this would represent a roughly 7,008% move if the larger structure plays out. The argument is more about market memory than short-term gains, as the asset has historically shown strong reactions from this lower band.
For the long-term trendline case to gain traction, XLM would need sustained acceptance higher, stronger market participation, and a broader risk-on backdrop. In the near term, traders are watching $0.235 as the next level to break. The current setup is getting interesting because the price is back in a familiar range from previous bullish setups.