• Stellar (XLM) mirrors its historical 2017 setup, hinting at a potential bullish breakout ahead.
• Experts highlight a descending wedge pattern that previously triggered a massive rally.
• Holding above the $0.30 support level could pave the way for a surge toward $1.

Stellar (XLM) is showing signs of repeating its historical price action, which has caught the attention of market experts. Analysts note that XLM’s current chart closely resembles its 2017 breakout pattern, indicating a possible bullish setup. They believe that holding key support levels could help trigger a major rally in the ongoing cycle.

At the time of writing, Stellar (XLM) is trading at $0.3290, with a 24-hour trading volume of $501.63 million and a market capitalization of $10.73 billion. Over the last 24 hours, the XLM price has decreased by 4.74%, showing a brief pause in its recent momentum.

Stellar Forms Classic Bullish Breakout Pattern

Prominent crypto analyst EᴛʜᴇʀNᴀꜱʏᴏɴᴀL highlighted that the current 2025 XLM price closely resembled the pattern observed back in 2017. At that time, Stellar formed a descending wedge that resulted in a breakout and strong upward movement following a brief accumulation period within the demand zone.

According to the analyst, the 2025 configuration is almost identical-looking, suggesting history may be repeating itself once again. The market tends to go in cycles, and the re-emergence of the old technical patterns may be a sign that XLM is going through another significant phase in its long-term trend.

As EᴛʜᴇʀNᴀꜱʏᴏɴᴀL explained, “Same structure, different cycle. The market changes with time, but the psychology and price behavior often repeat.” The comparison provides credence to the notion that old classical set-ups continue to impact new market action, and Stellar is returning to its old beat once again.

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Stellar Maintains Strength Above Key Support

Adding to the optimism, another popular analyst, Ali Martinez, also pointed out that Stellar has the potential to rally all the way back to $1, provided it can hold above the $0.30 support area.

With both strong technical analogous cues and strong levels of price highlighted by analysts, XLM may be setting up for the potential breakout if the market sentiment becomes positive in the weeks to come.

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