XLM Holds Seven-Year Coil as Top Analyst Projects Major Breakout of 446% to $1.50

• Stellar’s XLM has been consolidating inside a seven-year symmetrical triangle.
• Top analyst Aksel Kibar predicts a breakout target of $1.52, a 446% surge from current levels.
• Kibar also noted XRP’s earlier breakout, suggesting the token could climb to $6.18 if it surpasses the $3.34 resistance again.

Stellar’s native token XLM continues to trade within one of the longest consolidation structures in the market, according to Chartered Market Technician and former fund manager Aksel Kibar.

The analyst highlighted that XLM has remained trapped in a symmetrical triangle since 2018. Specifically, the price has repeatedly compressed between lower highs and higher lows for more than seven years.

Kibar noted that the market has struggled to escape this contracting range, as every major rally since 2018 has been capped by a descending resistance trendline …

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