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Stellar Eyes 200% Rally as XLM Closes In on $1 Billion Stablecoin Milestone

Stellar Eyes 200% Rally as XLM Closes In on $1 Billion Stablecoin Milestone

Photo: ZyCrypto

Stellar (XLM) may be gearing up for a major rally, as its post-breakout price structure remains intact. Delving deeper, market analyst Javon Marks says XLM could be gearing up for another significant move higher, as the altcoin continues to form higher lows, a bullish signal following its breakout. Marks has identified a price target of $0.681, suggesting a potential gain of more than 200% from current levels. Per CoinGecko data, XLM is trading at $0.1842, up 2.4% over the past 24 hours. Beyond price action, Stellar is approaching a notable milestone in its stablecoin ecosystem.

Source: ZyCrypto

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