XRP Rival Stellar (XLM) Poised for a Strong Price Surge

While most of the market’s attention has been on Bitcoin, Ethereum, and XRP, Stellar (XLM) — the main rival to XRP — has been quietly consolidating and now shows a price pattern that could pave the way for a major breakout.

According to analyst Ali Martinez, XLM’s 12-hour chart is shaping a classic head-and-shoulders formation. The left shoulder formed in February, the head was marked by a sharp dip in April, and the right shoulder is currently taking shape. The critical neckline level sits just below $0.50, serving as the decisive threshold for the next move.

At present, XLM is trading around $0.38, where it has hovered for the past week. A successful breakout above the neckline could see XLM push past $0.50 and target higher levels such as $0.62, $0.70, $0.83, and potentially even $1. These zones correspond to historical liquidity clusters in Stellar’s trading history.

On the flip side, if buyers fail to hold the $0.30 range, the bullish setup could collapse, turning what looks like a breakout opportunity into yet another stalled rally.

For now, the risk-to-reward ratio favors the bulls, especially as overall market sentiment improves and liquidity flows back into altcoins. After months of staying in XRP’s shadow, this could be the moment for Stellar (XLM) to step into the spotlight with the potential for double-digit gains in the coming quarter.