XLM price action is shaping up an interesting technical setup right now. The asset has formed a falling wedge pattern and already broken through the upper resistance line. A retest of this breakout level is currently underway—this is actually the confirmation phase we want to see. If the retest holds and price bounces back up from support, things could get pretty exciting. Historical patterns like this have typically triggered significant upside moves. We're looking at potential 80-85% rally in the near term, which would be a meaningful jump for XLM/USDT. The setup seems clean, execution is the only variable at this point.
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rugpull_survivor
· 01-08 10:57
80-85%? Hmm... sounds great, but how many times have these patterns appeared only to break out later, haha
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DataPickledFish
· 01-07 10:11
Breaking the wedge indeed has some significance; the key is whether it can hold the support.
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ser_we_are_early
· 01-06 03:45
The falling wedge breakdown pattern is back again. Why do so many people love to watch this?
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FUDwatcher
· 01-05 12:02
Falling wedge breakout, 80% increase? Just hear me out, I'll wait for the retest confirmation before making any moves.
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GovernancePretender
· 01-05 12:01
The old trick of breaking through with a wedge is back again, 80-85%? Just listen and don't really believe it.
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TokenomicsShaman
· 01-05 11:59
I'm tired of this wedge pattern; just wait and see if the rebound is real or fake.
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HashBrownies
· 01-05 11:56
Falling wedge breakdown is a well-known pattern; the key is whether it can hold above the support level. The 80-85% figure sounds good, but execution is the real key.
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ZenMiner
· 01-05 11:46
I've seen the wedge breakout pattern many times; the key is whether you can hold on.
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LiquiditySurfer
· 01-05 11:43
Hmm... Another classic wedge breakout. How many times have I fallen for this trick?
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UnluckyMiner
· 01-05 11:43
Falling wedge breakdown, huh? Can we hold this time? The chart looks quite clean, but I still prefer to wait for a retest confirmation before taking action.
XLM price action is shaping up an interesting technical setup right now. The asset has formed a falling wedge pattern and already broken through the upper resistance line. A retest of this breakout level is currently underway—this is actually the confirmation phase we want to see. If the retest holds and price bounces back up from support, things could get pretty exciting. Historical patterns like this have typically triggered significant upside moves. We're looking at potential 80-85% rally in the near term, which would be a meaningful jump for XLM/USDT. The setup seems clean, execution is the only variable at this point.