Stellar's Long-Term Chart Hints at Massive 7,000% Move
Stellar (XLM) is currently positioned on a long-term chart that has remained relatively quiet for years but is now attracting renewed attention. Trader TakeProfitNow highlights that XLM has consistently returned to the same broad liquidity zone since 2019, with the price now back in that area. The weekly chart identifies this zone as a major demand area that has successfully absorbed multiple multi-year tests without breaking down. Above this base, a long-term rising trendline suggests a potential move toward the $2+ region. From the current price near $0.22, this could translate to a roughly +7,000% increase if the larger structure unfolds as anticipated.
The significance of this liquidity zone lies in market memory. When an asset repeatedly revisits the same major liquidity pool across cycles, technicians monitor whether buyers continue to defend it. XLM’s chart shows several historical reactions from this lower band, which is why the latest retest is drawing attention. The upside projection is ambitious, with a trendline pointing toward $2+, which is considered a cycle-scale objective rather than a short-term target. The post emphasizes that such major crypto expansions often appear unrealistic from the base that launches them.
However, a liquidity-zone bounce is only the first step. For the long-term trendline case to gain momentum, XLM would need sustained higher acceptance, stronger market participation, and a broader risk-on backdrop. Near-term charts indicate $0.235 as the next level to break, as the broader market continues to move sideways. The current setup is interesting because the price is back in a familiar range from previous bullish setups, but it has not yet been confirmed.