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)” ------------------------------------- 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.