Peter Brandt Identifies XLM's Bullish Triangle Suggesting 1.51 Target by July 28 2025

Peter Brandt, a veteran technical analyst, has identified a bullish symmetrical triangle pattern in Stellar (XLM)’s price chart, suggesting a potential breakout with a price target of $1.51, as of July 28, 2025. The pattern, characterized by converging trendlines reflecting buying and selling pressures, signals a period of consolidation followed by a possible upward move. This analysis marks a notable shift in Brandt’s stance on XLM, which he previously described as a “pet rock,” now highlighting its strong technical setup as a potential outlier in the crypto market [1].

XLM’s recent performance has bolstered its market position, currently ranking 16th by market capitalization. It has outperformed XRP during the July rally and surpassed peers like Chainlink (LINK) and Hedera (HBAR). The cryptocurrency’s ability to maintain upward momentum amid broader market skepticism underscores its resilience. However, Brandt remains cautious about the sector as a whole, estimating that 95% of tokens will eventually become worthless due to speculative nature and high failure rates—over 3.7 million inactive tokens already exist [2].

The symmetrical triangle pattern in XLM’s chart is a classic technical formation often preceding significant price movements. If the asset breaks above the upper trendline, historical precedent suggests a potential surge toward the $1.51 target. Past instances of similar patterns in other assets have led to notable price increases, lending credibility to the bullish outlook. Nevertheless, investors are urged to consider the risks, including market volatility and Brandt’s broader skepticism about crypto’s long-term viability [3].

While the technical case for XLM appears compelling, the broader market environment remains challenging. Brandt’s analysis reflects a nuanced perspective: he acknowledges the speculative risks inherent in most cryptocurrencies but identifies XLM as a potential exception. The cryptocurrency’s improved fundamentals and chart structure—highlighted by the triangle pattern—position it as a standout amid a landscape of high failure rates and underperforming assets.

For investors, the key lies in monitoring XLM’s price action near critical levels. A confirmed breakout above the triangle’s resistance could validate the $1.51 target, while a breakdown might signal further consolidation or a reversal. The technical setup provides a clear roadmap, but execution will depend on broader market sentiment and macroeconomic factors influencing crypto trading dynamics.

Stellar’s recent outperformance against XRP and its elevated market cap rank reflect growing investor confidence in the asset. This shift contrasts with Brandt’s earlier dismissive view, now replaced by optimism based on the triangle pattern’s implications. As the crypto market navigates regulatory uncertainties and volatility, XLM’s potential breakout offers a rare but data-driven case for strategic positioning.

[1] [Peter Brandt Sees Potential Bullish Triangle Pattern Suggesting Possible Breakout for Stellar (XLM) July 28, 2025] (https://en.coinotag.com/peter-brandt-sees-potential-bullish-triangle-pattern-suggesting-possible-breakout-for-stellar-xlm/)

[2] [Peter Brandt Sees Potential Bullish Triangle Pattern Suggesting Possible Breakout for Stellar (XLM) July 28, 2025] (https://en.coinotag.com/peter-brandt-sees-potential-bullish-triangle-pattern-suggesting-possible-breakout-for-stellar-xlm/)

[3] [Peter Brandt Sees Potential Bullish Triangle Pattern Suggesting Possible Breakout for Stellar (XLM) July 28, 2025] (https://en.coinotag.com/peter-brandt-sees-potential-bullish-triangle-pattern-suggesting-possible-breakout-for-stellar-xlm/)