XLM could follow XRP’s monster rally and hit $1 soon: Fact or fiction?
2025-07-18 18:24:39
Main Idea
XLM is showing strong bullish momentum with an 87% weekly rally, potential to reach $1, and is being compared to XRP's performance, supported by technical analysis and market indicators.
Key Points
1. XLM hit a yearly high of $0.52, with immediate targets set on cycle highs at $0.63.
2. Peter Brandt stated XLM has the most bullish chart, with $0.20 as support and $1 as the breakout level.
3. XLM and XRP share a 100-day correlation index of 0.95, suggesting similar price movements.
4. XLM's open interest reached a new all-time high of $589 million, with funding rates remaining neutral.
5. Aggregated spot CVD (Cumulative Volume Delta) rose sharply to $2.89 billion, indicating large buyer accumulation during consolidation.
Description
XLM is gaining momentum with an 87% weekly rally, strong buyers’ interest, and bullish technicals pointing toward a breakout past its all-time highs in 2025.
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