XLM Breaks Out of Bullish Flag, Indicating Potential 100% Price Movement

The Stellar price has surged in the last 24 hours, reaching $0.4563 after Bitcoin (BTC) approached its all-time high of $122,000 overnight.

XLM has increased by 9% over the past week and by 20% in the last month, with the altcoin – currently the 16th-largest token in the market – also showing a remarkable 340% rise over the past year.

However, these gains may just be the start, as the token has recently emerged from a bullish flag pattern, indicating the potential for further increases in the upcoming weeks, if not longer.

Moreover, as Stellar’s fundamentals as a platform continue to improve consistently, the long-term outlook for Stellar’s price appears quite promising.

Stellar Price Prediction: 100% Move in Sight After XLM Breaks Out of Bullish Flag

This is not the first instance of the Stellar price breaking out of a bullish flag in recent weeks, as the coin surpassed a seven-month flag at the start of July.

This signified the beginning of a new medium- and long-term upward trend, and what is particularly interesting now is that, following a slight correction in late July and early August, XLM has broken out of another pennant.

This seems to represent a short-term phase, one that may persist for much of this week before another correction occurs.

Source: TradingView

Additional bullish indicators include XLM’s relative strength index (yellow), which climbed back to 75 last night and currently hovers around 60.

This suggests sustained buying pressure, although the recent behavior of its MACD (orange, blue) implies that such pressure may not endure for an extended period.

Consequently, there is no assurance that a significant and prolonged spike will occur in the near future, although Stellar’s fundamentals indicate potential for long-term growth.

Stellar is accelerating
On Aug 8, @StellarOrg processed over 13.4M transactions, a 13% increase from its previous peak
A borderless, decentralized network empowering builders to transfer value globally & enhance access to the financial system at scale
https://t.co/APrNPIk4oK pic.twitter.com/CnpJ2UcJ2r

— Chainspect (@chainspect_app) August 8, 2025

Currently, the Stellar price is still 47% below its all-time high of $0.8756, which was established in January 2018.

This suggests that there remains significant potential for a robust increase this year, driven by market growth and Stellar’s own expansion, which is boosting demand.

Indeed, Stellar’s total value locked has surged by 242% since the start of 2025, and it has formed several new partnerships in recent months, including an agreement with PayPal to integrate the payment giant’s PYUSD stablecoin into Stellar.

Thus, it is an opportune moment for the altcoin, with the Stellar price expected to reach $0.50 in the coming weeks, and $0.70 by Q4.

Maxi Doge Raises 650,000 in Presale: Is This the Next Viral Meme Coin?

For traders who are not convinced by Stellar, there are alternative altcoins worth considering, including several new presale tokens that may have the potential to gain traction once they are listed.

One of the latest is Maxi Doge (MAXI), an Ethereum-based and highly optimistic variation on the Dogecoin model.

It launched its presale a couple of weeks ago and has since raised just over $650,000, indicating its growing popularity.

Maxi Doge’s concept is straightforward: to cultivate a community and ecosystem of enthusiastic traders, who are focused on promoting and elevating MAXI at every opportunity.

To achieve this, Maxi Doge will manage social media channels (on Telegram and Discord) where it will host trading challenges and competitions, motivating holders to maximize their trading efforts.

These social media platforms will also serve as a venue for holders to exchange trading strategies and tips, fostering a sense of community.

Additionally, Maxi Doge will maintain a Maxi Fund, equivalent to 25% of its maximum supply.

This fund will be utilized to finance projects and support marketing initiatives, aiding in the promotion of Maxi Doge and attracting new supporters.

Interested investors can participate in MAXI’s presale by visiting the official Maxi Doge website, where the coin is currently priced at $0.0002515.

This price will increase regularly throughout the sale, so potential buyers should act promptly to secure the best possible returns.

Click Here to Participate in the Presale

The post Stellar Price Prediction: 100% Move in Sight After XLM Breaks Out of Bullish Flag appeared first on Cryptonews.