XRP Critic Peter Brandt Says Stellar (XLM) Is a Good Pick for Long Shot Bet. Here’s why
Veteran trader Peter Brandt recently dropped a major prediction for Stellar (XLM). “If you want to bet on a long shot (next few years), XLM is a good pick,” he wrote. The post offered both a price target and a chart structure to support that view.
The Chart Structure
The monthly chart covers XLM’s price history from 2018 through late 2026. A declining upper trendline connects each successive cycle high, with peaks moving lower over time. The 2018 high reached $0.9381. The 2021 high came in near $0.75. The 2025 high reached approximately $0.65. Each rally failed at a lower level than the previous.
Below the price action, a rising trendline has held as support across the same multi-year period. The asset’s price has returned to that level repeatedly and held. XLM currently sits at $0.23041, near that long-term support line. Brandt is convinced that the long-term trajectory is bullish.
Indicators and Moving Averages
The chart displays two moving averages. The 18-period average sits at $0.23041, and the 8-period average sits at $0.18827. Price is trading between those two levels. The ADX reads 33.91, indicating trend strength. The 30-period Average True Range is $0.1075, reflecting significant volatility on the monthly timeframe.
A Recurring Cycle
Brandt previously identified constructive technical structure in XLM, describing the asset as one that “could become a rock star.” That earlier analysis noted a rising support base and long-term resistance that had capped the asset since 2018.
The chart labels two prior lows as “SH” and “S,” visible near the 2019-2020 base. That base preceded the 2021 rally that took XLM above $0.70. The current price sits in a comparable zone near long-term support. Each of the three major rallies on the chart originated from a similar position.
The Price Target of His Multi-Year Thesis
Brandt has marked a price target of $1.17605 on the chart. It appears as a horizontal green line. Reaching that level from the current price would require about a 410% rally. Brandt’s post suggests this is not a short-term trade. He also set a long-term target for XRP. His analysis is grounded in technical patterns and data.
Brandt has included XLM among a small group of assets he views constructively alongside Bitcoin, XRP, and Ethereum. His latest post extends that view with a defined upside target and a timeframe measured in years.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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