Veteran commodity trader Peter Brandt has singled out Stellar (XLM) as a cryptocurrency worth watching over the next several years, calling it a good long-shot pick. The XLM token surged 6.9% over the past 24 hours to trade around $0.2233. This rally comes amid ecosystem developments, including the integration of Stellar into stablecoin infrastructure provider BVNK’s payments platform on Sept. 22 and the addition of the USDT0 stablecoin. On the long-term monthly chart shared by Brandt, XLM displays a contracting structure between a descending trendline connecting historical peaks and an upward-sloping support line. The chart includes a horizontal marker around $1.17605, suggesting Brandt is watching substantially higher levels for XLM.
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