Stellar Lumens (XLM) has seen significant gains in the current cycle, with a 172% increase on the monthly price chart and a 342% increase on the 90-day price chart. It is currently the 17th largest crypto with a market cap of $12.7 billion. An analyst believes this is just the beginning of a potential explosive run, projecting a 360% increase to reach $2.27 in the next breakout. However, the analyst also warns that there may be resistance and corrections along the way, with a potential 50% correction and a healthier pullback before the major take-off. Another analyst predicts that XLM could reach $0.98, but this is dependent on sustained momentum and control by bulls above the $0.40 level. XLM has been forming a bullish pennant pattern, suggesting a potential bullish extension, but there is also a hanging man candlestick pattern that indicates a potential downward movement if bears take control.



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