XLM has done this before

Back in 2020–2021

$XLM exploded from a long accumulation range and printed a cycle high near the first highlighted ATH zone

Since then, price has spent years compressing

cooling off, and fading from the spotlight

Now the chart is sitting near the same base area where previous major expansions began

The idea behind this setup is simple:

📍 ATH 1 established the slope

📍 The trendline projects where a future cycle peak could land

📍 Current price remains near the lower end of the structure

What’s important here is that the chart is not showing a breakout yet

The green arrow is only a projection

For the thesis to play out

$XLM would first need to reclaim key resistance levels and prove that demand is returning

Still, from a risk/reward perspective

many traders prefer looking at assets near long-term bases rather than after they’ve already moved 500–1000%

That’s what makes this chart interesting

The setup isn’t about what $XLM has already done

It’s about whether a new cycle can begin from a similar starting point as the last one