In a world where altcoins come and go like fleeting summer romances, one Peter Brandt—a trader of some renown—has come forth with his latest analysis on the celestial body known as Stellar (XLM). The dear little coin has been quite the attention seeker in July, all thanks to its rather curious dance with its more famous cousin, XRP.
Now, our gallant trader believes that XLM is perched on the edge of a magnificent upside potential. However, bear in mind that some analysts, perhaps the cautious type who never leave home without their helmets, assert that short-term traders might very well end up losing their proverbial shirts as the altcoin’s Open Interest reaches levels usually reserved for discussions on cat memes.
Shocking Revelations from Peter Brandt: XLM Could Soar—If Conditions Are Just Right
With the precision of a catapulting hedgehog, Brandt warned that while a rally might be in XLM’s future, several conditions need to be ticked off like boxes on a very peculiar checklist.
“Potentially the most bullish chart of all belongs to XLM. XLM MUST MUST remain above April low and MUST MUST close decisively above $1. Until then this chart shall be as static as a statue in a rainstorm,” declared Peter, with more conviction than a librarian recommending a book.
Brandt’s magic price range is quite the spectacle. The April low flutters at a modest $0.20, while the key resistance level is a robust $1—just thrilling, really. But if our little friend XLM manages to close a monthly candle above the illustrious $1, well, it might just shoot up as high as $7.20, resulting in a market cap that would make even the dragons of finance take notice.
A strong technical foundation supports this bullish tale, featuring an ascending triangle pattern that has been biding its time since 2018, mingling with a cheeky cup-and-handle pattern that began to form in 2021. It’s almost like watching the slowest soap opera in the universe.
Meanwhile, in a report by BeInCrypto—sounded thought-provoking, doesn’t it?—the amusing correlation between XRP and XLM came to light. XRP has recently reached a new all-time high of $3.65, leaving analysts daydreaming about the possibility of XLM following suit. Will our plucky altcoin carve out its own glorious all-time high, or will it be stuck in the regular folk zone?
But don’t throw on your party hats just yet! Risks for XLM traders have skyrocketed as Open Interest flirted with an all-time high nearing $600 million. Short-term traders, those brave gamblers high on leverage, might just find themselves on the losing side of this whimsical rollercoaster if XLM suddenly decides to misbehave.
Stellar (XLM) Grabs a Handful of Positive Developments in July
On the brighter side of the cosmic ledger, Stellar recently rolled out its Protocol 23 Upgrade Guide for Stellar Core. Now, this isn’t just a fancy title; it signifies a major step toward vehicle upgrades for the network and might even improve that elusive ecosystem scalability. Keep your calendars handy, as the Mainnet vote is set for August 14, 2025!
“Protocol 23 is here. All smart contracts get faster and cheaper,” proclaimed Build on Stellar, likely while celebrating with sparkling cider.
Additionally, laser-focused on the world of modern finance, PayPal’s PYUSD stablecoin plans to dip its toes into the Stellar waters, promising low-cost global transfers. THORWallet has also joined the fray, now proudly supporting Stellar Lumens, allowing users to send, receive, hold, and swap XLM like it’s a game of Monopoly—with robust security that keeps the virtual bank robbers at bay!
As noted by RWA.xyz, Stellar is currently wrangling over $445 million in total tokenized real-world assets (RWA). Most of these assets are under the watchful eye of Franklin Templeton and Circle, who surely have the best financial snacks during meetings.
In a twist of fate, or perhaps an unforeseen act of cosmic destiny, XLM is currently trading around $0.50—up a dazzling 120% since the July ball began to roll.
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2025-07-18 09:53