Stellar's XLM is poised for a 35% price rally, aligning with XRP's recent surge. Currently, XLM is forming an ascending triangle, aiming to break resistance at $0.52 and target $0.63 by August. XLM has shown a strong correlation with XRP, previously exceeding 0.70, indicating potential synchronized price movements. In the last month, XLM's price increased by over 90%, mirroring XRP's 60% rally. Historical patterns suggest that XLM often follows XRP, especially after significant movements by Ripple. Notably, both tokens experience correlated price action, with a recent example being XRP’s 60% jump following a favorable court ruling in July 2023, which XLM later reflected with a similar move. For XLM to be considered truly bullish, it must close above a critical resistance level of $1, which it has struggled to breach decisively in the past. Currently, momentum indicators suggest that there is room for further growth, making this an intriguing time for investors in the crypto space.

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