Peter Brandt Identifies XLM as Potential 300% Gainer Amid Crypto Downturn

In a market where the majority of cryptocurrencies struggle to recover from prolonged declines, veteran trader Peter Brandt has identified Stellar Lumens (XLM) as a potential standout. Amid his broader critique that over 95% of the 11,000 active tokens will likely lose value, Brandt’s focus on XLM stems from its unique technical structure and real-world utility [1]. He highlighted a multi-year inverse head and shoulders pattern on XLM’s monthly chart, with a neckline resistance near $0.50. A recent monthly close at $0.429—the highest since 2022—has raised speculation that a sustained breakout could trigger a rally toward $1.50, a threefold increase from current levels [2].

Brandt’s analysis emphasizes strengthening support levels and upward-moving averages, suggesting growing buyer pressure against a long-standing resistance cap. The ADX indicator, at 45.17, reinforces the strengthening of this trend. XLM’s price currently hovers just below the key resistance level that has defined its price action since 2018. Maintaining a monthly close above $0.42–$0.45 is critical to validate the bullish case; a retreat below $0.30 would likely undermine the pattern [2].

The trader’s skepticism toward the broader altcoin sector underscores the rarity of his XLM endorsement. Citing data from CoinGecko, Brandt noted that over 3.7 million tokens are already classified as “dead,” while more than half of active cryptos trade below 10% of their peak values. Yet XLM’s defined base and strategic positioning—coupled with its cross-border payment utility and partnerships—position it as an exception to the sector’s underperformance [1].

While Brandt’s analysis offers a compelling technical case, the outcome hinges on XLM’s ability to sustain momentum and attract broader adoption. His forecast contrasts with the speculative nature of most altcoins, which he likens to “pet rocks” with limited long-term value. For XLM, a successful breakout could not only challenge its 2020 all-time high of $0.9381 but also redefine its role in a crypto landscape increasingly dominated by a handful of resilient assets [1].

Sources:

[1] [Peter Brandt Just Named Stellar (XLM) His “Rock Star” Pick](https://captainaltcoin.com/peter-brandt-just-named-stellar-xlm-his-rock-star-pick-heres-why/)

[2] [Legendary Trader Peter Brandt Thinks XLM Could Become a Rock Star](https://timestabloid.com/legendary-trader-peter-brandt-thinks-xlm-could-become-a-rock-star/)