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WinstonWolfe
Nov 21, 2021 6:08 PM

XLM at $20? Long

Stellar / United States DollarCoinbase

Description

Based on the arc recovery that has occurred with a 2000% increase from the low of the arc, a greedy target for XLM is $20 by 2024.

Comment

UPDATE:- Arch is breached lower. The idea is no longer valid. We need to wait until the dust settles in the crypto space to set a new path.
Comments
DMSwan
I believe this.

0.00001 XLM per txn cost in 4 seconds. It's going places. The more people don't know about it, the better. Fill your cup with tea and take a big sip!
Hopefull-one
@DMSwan, oh big deal lots of cryptos do that including Algorand and others This was the argument used in 2017. Many cryptos have caught up since then
massiveCoconut47767
Fu yu
Nickquick7
@massiveCoconut47767 agree. Take a walk bro this is never hitting $20
WinstonWolfe
@massiveCoconut47767, I don't normally respond to comments. But eat s***. If you don't like the idea, be civil about it.
MahmoudTarhini
Yes if the Fed decided to use Lumens.
mfibbs
So let me get this straight. You decide to use a log scale chart which will only give you moonboyitious and a very inaccurate price target. In reality, the break of the cup and handle gives us a $1.50-$1.60 price. As time goes on, log scale charts don't tend to move that quick. A log scale chart is 100% useless for future price action and only really paints a roadmap of the past. Do your analysis on a regular chart aka (linear chart) which will give you accurate price targets and time frames. When you do this, you will realize how ridiculous it was to do analysis on a log scale. Just because a coin goes from $.01- $1 in its first year of existence which is a 100x gain doesn't mean that a future move, say the break of a cup and handle at $1 will go for another 100x %. The target would be 100 penny's up which would now be $2. Now do you see how ridiculous a log scale chart is? Just trying to help you out bro.
WinstonWolfe
UPDATE:- Arch is breached lower. The idea is no longer valid. We need to wait until the dust settles in the crypto space to set a new path.
Hopefull-one
You know things have gone to s h i t when people are posting crap like this.
Se7enSkies
@Hopefull-one I don’t think this is crap. It’s just basic cup & handle…many use it to trade and invest. I think you’re crap
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