$XLM has seen a massive rally after a breakdown in an Elliot wave 2. I believe this is the start of an Elliot wave 3.

Targets for the wave 3 lies above the fib level 1.618 at $1.1934.

We need to see a break above $0.6420 which is a significant high. On breaking above that will be enough confirmation that the wave 3 is getting started.