Stellar (XLM) Eyes XRP-Style Upside With Inverse Head and Shoulders

Key Points

1. Stellar (XLM) is trading near the $0.50 neckline, a critical resistance level, with potential for a breakout if it closes above this mark with strong volume.

2. Fibonacci extension levels suggest possible price targets of $0.71 (1.618 extension) and $0.77 (1.786 extension) if the breakout occurs.

3. The inverse head and shoulders pattern resembles XRP's historical price movement, indicating a potential bullish trend for XLM.

4. A failure to break the $0.50 resistance could lead to a retest of support levels at $0.40 or $0.36 before another attempt.