Stellar Lumens (XLM) Shows Bullish Momentum With Potential for 2025 Breakout, Analysts Suggest

Key Points

1. XLM's price surged 87% weekly, with key support at $0.20 and resistance levels at $0.62 and $0.80, potentially leading to a $1 breakout in 2025.

2. XLM's price action closely mirrors XRP's performance, with a 100-day correlation index of 0.95, indicating synchronized market behavior.

3. XLM futures market open interest reached a record high of $589 million, signaling strong buyer accumulation and balanced market conditions.

4. Technical analysis by Peter Brandt highlights the importance of maintaining support above $0.20 for sustained upward momentum.

5. The 90-day spot taker CVD analysis shows a buyer-dominant phase, reinforcing the likelihood of an imminent upward move.