Stellar (XLM) Poised for Parabolic Move as Wyckoff Pattern Repeats

Andrew Chen
Stellar (XLM)

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  • XLM mirrors its 2017 Wyckoff accumulation and reaccumulation.
  • Momentum and volume growth signal potential breakout.
  • $0.40 key level could trigger next parabolic phase.

Stellar (XLM) is showing signs that history might be repeating itself. Recent chart analysis highlights a structure nearly identical to its 2017 Wyckoff cycle, suggesting the crypto could be on the verge of a significant price move. Traders and analysts are watching closely as XLM consolidates in a key reaccumulation zone, hinting at a possible parabolic expansion.

Wyckoff Patterns Reemerge

According to technical observers, Stellar is mirroring the 2017 accumulation and reaccumulation phases. Back then, XLM surged from under $0.005 to over $0.75 in just a few months. The current market setup shows calm accumulation followed by reaccumulation near $0.33, reflecting the classic Wyckoff rhythm: accumulation → reaccumulation → distribution. Analysts believe the pattern suggests institutional activity is quietly building, potentially setting the stage for another strong upward move.

Momentum Gaining Strength

Technical indicators point to growing momentum. XLM’s price compression and steady volume growth signal that the market may be preparing for a breakout. As one analyst summarized, “structure is set, momentum is brewing, and only one phase left.” Historically, when consolidation phases like this conclude under tight liquidity conditions, parabolic moves often follow.

Also Read: Stellar XLM Hits $500M in Tokenized Assets

Eyes on the Breakout

Traders are focusing on key levels around $0.40. A confirmed breakout above this threshold could propel Stellar into a distribution zone similar to 2017, potentially kickstarting another macro bull cycle. While past performance is never a guarantee, the repeating structural pattern offers a compelling case for bullish momentum building in the coming weeks.

Stellar’s Wyckoff-like structure has caught the attention of technical analysts and traders alike. With accumulation and reaccumulation phases largely complete, XLM may be poised for its next major rally. Market participants will be closely watching breakout points for clues about whether history can truly repeat itself in the crypto market.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.

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