In a market where thousands of digital assets struggle to reclaim even a fraction of their former highs, one analyst is watching Stellar (XLM) with renewed optimism. Over the past several years, most altcoins have experienced substantial drawdowns, and many remain in long-term downtrends. However, a recent technical analysis from veteran trader Peter Brandt has highlighted Stellar Lumens (XLM) as a possible exception, suggesting a significant move could be on the horizon. Every crypto_nerd has his/her/its own pet rock or Beanie Baby I believe 95%+ of the 11,000 actively traded coins will become near worthless — your pet rock included Already 3.7 million coins are dead (Source: CoinGecko) Only about 50% of most actively traded cryptos are trading… pic.twitter.com/941gCfVzNI — Peter Brandt (@PeterLBrandt) July 27, 2025 A Rare Long-Term Base in the Altcoin Space Citing data from CoinGecko, Brandt noted that over 3.7 million tokens are already considered dead. He added that “only about 50% of most actively traded cryptos are trading at greater than 10% of their peak value.” In his view, more than 95% of today’s 11,000 actively traded cryptocurrencies may eventually prove worthless . Yet despite that bleak landscape, he singled out XLM, stating that it “could become a rock star.” The chart Brandt shared presents a monthly view of Stellar (XLM) and shows a broad ascending triangle forming over multiple years. Resistance has held consistently since early 2018, and the lows have gradually trended higher, creating a rising support base that defines the lower boundary of the pattern. This ascending triangle is a bullish continuation pattern. It reflects a market in which buyers are stepping in at increasingly higher levels, applying pressure against a ceiling that has yet to break. In XLM’s case, the current monthly candle is pressing up against that horizontal resistance once again. The chart also shows important moving averages beginning to turn upward. The ADX indicator is at 45.17, signaling strengthening trend conditions with a peak on the horizon. Currently trading around $0.42900, Stellar (XLM) sits directly below the upper range that has capped every move since 2018. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Selective Strength in a Weak Altcoin Cycle Brandt’s focus on Stellar (XLM) is particularly notable for his skepticism toward the altcoin sector expressed in the post. He recently confirmed alt season for the crypto market, and his comments suggest that a few assets will lead the market, with XLM expected to perform remarkably. Unlike most cryptocurrencies languishing well below their former highs with little technical structure, XLM has built a defined base and is positioned just below a major long-term resistance level. Many experts have shared bullish expectations for XLM , and if that resistance level breaks, the technical implications would be significant. The next target could be XLM’s all-time high of $0.9381. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Legendary Trader Peter Brandt Thinks XLM Could Become a Rock Star appeared first on Times Tabloid .