XLM continues compressing within a seven-year symmetrical triangle pattern. Analyst Aksel Kibar projects a potential breakout target of $1.52. XRP’s earlier breakout sparks optimism for a renewed altcoin momentum. Stellar’s native token XLM continues to trade within a tight range that has persisted for years, maintaining one of the longest consolidation patterns in the cryptocurrency market. According to Aksel Kibar, XLM has remained locked in a symmetrical triangle since 2018, showing signs of strong resistance and support. Over time, the token’s price has consistently moved between lower highs and higher lows, signaling growing pressure within the formation. Kibar emphasized that repeated rallies have struggled to overcome the descending resistance trendline, currently near the $0.62 area. Meanwhile, buyers have repeatedly defended the $0.10 zone, forming a rising support base that continues to shape the structure. Also Read: XRP Faces Strong Technical Pressure as Death Cross Signals Further Downside Possible Upside Target Near $1.52 Recent trading shows XLM fluctuating between $0.20 and $0.35, positioning it close to the middle of the pattern. Kibar explained that prolonged compression of this kind typically precedes a major breakout, either upward or downward. Hence, a decisive move above the $0.62 resistance could complete the seven-year pattern, pointing toward a possible target of $1.52. Currently, XLM trades around $0.2781, reflecting a 9.4% decline over the past week and a 27% drop this month. Despite the recent weakness, the setup remains technically significant, with potential for a 446% rally if the breakout materializes. Nevertheless, until a confirmed move above resistance occurs, the token remains within what Kibar described as a “long-term symmetrical triangle consolidation.” He also noted that XLM still trades about 70% below its all-time high of $0.9381, last seen in early 2018. This wide gap underscores the long-term compression that continues to dominate the token’s structure. XRP Shows Similar Setup but Faster Momentum Beyond XLM, Kibar drew attention to Ripple’s XRP, noting that it successfully broke out of a similar symmetrical triangle earlier this year. That breakout triggered a surge of more than 500% before XRP settled into a new rectangle consolidation phase. According to Kibar, XRP could rally toward $6.18 if it clears resistance around $3.34. Consequently, traders now watch both assets closely, as their next decisive moves may shape the broader altcoin landscape. Also Read: Robert Kiyosaki Predicts Financial Crash, Reveals Bold Targets for Gold and Bitcoin The post Stellar’s XLM Faces Prolonged Compression as Analyst Sees Major Breakout Potential appeared first on 36Crypto. XLM continues compressing within a seven-year symmetrical triangle pattern. Analyst Aksel Kibar projects a potential breakout target of $1.52. XRP’s earlier breakout sparks optimism for a renewed altcoin momentum. Stellar’s native token XLM continues to trade within a tight range that has persisted for years, maintaining one of the longest consolidation patterns in the cryptocurrency market. According to Aksel Kibar, XLM has remained locked in a symmetrical triangle since 2018, showing signs of strong resistance and support. Over time, the token’s price has consistently moved between lower highs and higher lows, signaling growing pressure within the formation. Kibar emphasized that repeated rallies have struggled to overcome the descending resistance trendline, currently near the $0.62 area. Meanwhile, buyers have repeatedly defended the $0.10 zone, forming a rising support base that continues to shape the structure. Also Read: XRP Faces Strong Technical Pressure as Death Cross Signals Further Downside Possible Upside Target Near $1.52 Recent trading shows XLM fluctuating between $0.20 and $0.35, positioning it close to the middle of the pattern. Kibar explained that prolonged compression of this kind typically precedes a major breakout, either upward or downward. Hence, a decisive move above the $0.62 resistance could complete the seven-year pattern, pointing toward a possible target of $1.52. Currently, XLM trades around $0.2781, reflecting a 9.4% decline over the past week and a 27% drop this month. Despite the recent weakness, the setup remains technically significant, with potential for a 446% rally if the breakout materializes. Nevertheless, until a confirmed move above resistance occurs, the token remains within what Kibar described as a “long-term symmetrical triangle consolidation.” He also noted that XLM still trades about 70% below its all-time high of $0.9381, last seen in early 2018. This wide gap underscores the long-term compression that continues to dominate the token’s structure. XRP Shows Similar Setup but Faster Momentum Beyond XLM, Kibar drew attention to Ripple’s XRP, noting that it successfully broke out of a similar symmetrical triangle earlier this year. That breakout triggered a surge of more than 500% before XRP settled into a new rectangle consolidation phase. According to Kibar, XRP could rally toward $6.18 if it clears resistance around $3.34. Consequently, traders now watch both assets closely, as their next decisive moves may shape the broader altcoin landscape. Also Read: Robert Kiyosaki Predicts Financial Crash, Reveals Bold Targets for Gold and Bitcoin The post Stellar’s XLM Faces Prolonged Compression as Analyst Sees Major Breakout Potential appeared first on 36Crypto.