XLM – THE FUTURE IS BRIGHT – Stellar Lumens Price Prediction and Analysis

“As Cointelegraph previously reported, Stellar recently won the battle of blockchain payment networks against Ripple amid a major sentiment reversal. This came shortly after the Stellar Development Foundation inked an agreement with the Ukrainian government on Jan. 4, 2021 to collaborate on a new digital asset ecosystem including a central bank digital currency. The partnership immediately fueled massive XLM growth, resulting in 30% daily gains on Jan. 5.”
https://cointelegraph.com/news/xlm-re-enters-top-10-coins-by-market-cap-after-surging-nearly-30

“Although not a substantial one, stellar has sustained recovery following the breakdown from the recent new yearly high at $0.4. Besides, the cross-border transfer token continues to trade within a descending parallel channel. Price action has been limited at $0.3, delaying recovery and allowing bearish pressure to build.”
“Simultaneously, closing the day above the immediate resistance at $0.3 is likely to call for more buy orders as investors’ confidence in recovery improves. A break above the ascending channel may boost Stellar back to the price levels around $0.4.”
https://www.fxstreet.com/cryptocurrencies/news/xlm-price-prediction-stellar-must-hold-this-crucial-support-to-avoid-a-steep-correction-targeting-020-202101120607

Stellar continues to blast through records and process more transactions than the next 4 blockchains combined! $xlm
https://twitter.com/StellarXLMTR/status/1348702239905427457

STILL VERY UNDERVALUED..
https://twitter.com/vilay_michael/status/1348005820831731712

This is not financial advice. This is entertainment. investing may result in the loss of all funds. Seek a professional for advice.

#XLM #Stellar #Cryptocurrency

Post Author: CoinCryptoNews