Stellar Lumens (XLM) is displaying a descending triangle pattern, indicating a potential bullish breakout if resistance at $0.485 is breached.
Key resistance levels for XLM are identified at $0.313, $0.376, and $0.485, with a breakout above the 50-day moving average seen as a bullish signal.
The coin is holding above critical support levels, suggesting ongoing buyer interest and a likely trend reversal on the horizon.
XLM's price surge aligns with the market's shift towards a bullish sentiment, and analysts predict significant upside potential if the breakout momentum continues.