Stellar XLM ForecastXLM chart shows consolidation around the 4,000 price area. Furthermore the 4,000 price area seems to be the benchmark of previous resistance and support lines. The chart also suggests a symmetrical triangle longing for a breakout, reversal of trend and a bullish outlook for months to come. January 2018 is a very busy month for Stellar due to events which should attract the spotlight for many investors. Although prospects are favourable I am forecasting gradual growth rather than sharp mooning. However I do not exclude sharp increases in price due to hype and potential.
Buy target 3,500 - 4,000
Events :
16 January 2018 Community Pool
17 January 2018 Sentry Scouts Monthly
17 January 2018 Stellar Contracts
18 January 2018 Mobius Network
25 January 2018 Roadmap
This is not an investment advice, always do your own reseach.
XLMLONG
XLM +3900% target $36.00 within 90 daysStellar Lumens is up. Looking over long term charts, I see the previous 2 rallies were 2300% and 7800%.
If we figure half of 7800% for potential growth over the same period (90 days), then we may see +3900% with a target of $36.00.
If we take the average of the two prior rallies 2300 + 7800 = +5050% with a target of $48.00.
These are very rough estimations as there is not much trade analysis going on here, other than a comparison of rallies and knowing that XLM just overtook Litecoin for market cap.
Some useful news as relates to XLM:
www.cnbc.com
globalcoinreport.com
Stellar in #6 position of all cryptos, as of today, surpassed Litecoin and others.
www.ccn.com
XLM is the alternative to XRP and XLM has some benefits over XRP in that it's for the unbanked individuals and is fully decentralized, compared to ripple which is highly centralized around banks and institutions.
Stellar has the potential to upset and replace XRP in the #2 position for market cap where libertarian views push XLM near the top.
Stellar Lé Moons . XLM STR LongHi Stellar Fans,
First of all... all my ideas are just thoughts. Use them as inspiration to your own thoughts. So lets get on with it, good times are coming! In fact, good times have started. Couple of weeks ago I would have thought that Stellar would've 'mooned' early november.... but end of november it was.
With all the good news coming up, starting with Satoshipay : medium.com
My current thought is that we will form a CupnHandle :) Taking IBM news as start... en March 18 as end!