Crypto analyst Celal Kucuker shared a bullish monthly chart for Stellar (XLM), suggesting a long-term ascending triangle pattern points to a potential $2.50 target. The setup shows rising lows pressing against resistance near the $0.90–$1.00 range, and a breakout could trigger a measured move based on Fibonacci extension levels. However, the breakout remains unconfirmed, as XLM has failed to close above this multi-year ceiling before.
The call has drawn fresh comparisons with XRP, which recently traded around $1.10 with a market cap above $68 billion. Both assets share a history in cross-border payments, but market participants note the drivers differ. XRP benefits from Ripple's RLUSD stablecoin and institutional interest in the XRP Ledger, while XLM's outlook hinges on technical confirmation. For now, traders are closely watching whether Stellar can finally overcome resistance and if XRP can hold key moving average support.
