Cindicator

Target for XLM/USDT: $0.77, +19%

Long
BINANCE:XLMUSDT   Stellar / TetherUS
Despite deep drawdowns nearly every month of this bull run, Stellar’s XLM kept making new local highs.

It’s still well below its 2018 all-time high of 93 cents but that level no longer looks outrageous.

To check the trend, we’ve asked Hybrid Intelligence the following question:

“The cryptocurrency Stellar (XLM/USDT) settled at 0.64661 USDT at 08:40 AM UTC at the Binance exchange on Friday, May 7. Will XLM/USDT trade above 0.77166 USDT (+19.34%) earlier than trading below 0.52156 USDT (-19.34%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)”
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Assurance: 87%

The result is clear: even with a +19% target Hybrid Intelligence is bullish on XLM/USDT. The targets reflect the pair’s recent high volatility so don’t expect it to be an easy ride.

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