Stellar XLM Price Poised for Breakout Above $0.22

Stellar's XLM price chart is forming an Inverse Head 'n' Shoulders pattern, which could potentially lead to a breakout above the neckline at $0.22.

This bullish setup has been confirmed by Crypto With Gopal, who notes that the head is near $0.15 and the shoulders are around the $0.16-$0.17 zone.

The current price of XLM is $0.1902, but a drop below $0.15 would destroy this bullish setup, according to Gopal.

The derivatives market has shifted towards a more bullish stance, with the long versus short ratio on XLM now at 1.0492.

Stellar's RWA market is also growing, with a total value locked (TVL) of $3.51 billion, and government debt moving on-chain through Templar.