spot_img
5.7 C
London
HomeCryptocurrency News TodayStellar Lumens Ready To Hit $1 This Year

Stellar Lumens Ready To Hit $1 This Year

Stellar Lumens has a bright future. This fact cannot be disputed. While things like the Stellar Coinbase listing and the Stellar Lumens airdrop by the Stellar Development Foundation have contributed to a surge in the price of XLM and adoption of the Stellar blockchain, IBM helped to increase adoption for Stellar by using the XLM blockchain for a project with its partner banks.

This project is going to lead to mainstream adoption of the Stellar network. As more people come to learn about the network and use it, they will also learn about the XLM token. This will eventually lead to an increase in the price of each token.

Stellar Lumens Price Prediction

Stellar Lumens (XLM) Price Today – XLM / USD

Please enter CoinGecko Free Api Key to get this plugin works.

Over the last 30 days, the price of XLM has moved within the $0.158 to $0.088 range. The market capitalization is up by 32% I’ve the last 30 days.

The Stellar Lumens price prediction on CryptoNewz places the price of Stellar at $1 by the end of the year. Considering the fact that Stellar sold at $0.938 when it reached its all-time high, $1 may seem unbelievable on one hand. On the other hand, when you put the positive developments surrounding XLM into consideration coupled with the positive sentiment in the wider market, you’ll see that the $1 mark for XLM isn’t unachievable.

Stellar Lumens XLM News Today – XLM As A Cross-border Payment

Just like XRP, XLM can be used for cross-border payments. It is faster, cheaper and more efficient than the traditional systems. Unlike XRP, however, the Stellar Development Foundation has a good reputation. One of the problems Ripple has been facing is constant criticism from members of the cryptocurrency community. Recently, Ripple was accused of under-reporting data from its Escrow accounts. This is just one out of the numerous accusations that XRP and Ripple have faced over the years. Bad press for XRP is giving XLM more credibility. People who want to enjoy the cross-border remittance service that both networks provide without being associated with Ripple can use XLM. Source: Smartereum

Stellar Lumens Price Analysis – Stellar To The Moon

Stellar Lumens XLM price suffered the negative effect of the market correction a few days ago as it took as dip below a key support. There were rumors that the significant and sudden fall in the price of Bitcoin was due to price manipulation in the market. This morning, the market started moving in the opposite direction recovering from the recent losses that were suffered during the price correction. As the market started recovering and the price of Stellar Lumens became bullish, investors started to rejoice and their hope in the bullish Stellar Lumens price prediction 2019, Stellar Lumens price prediction 2020 all the way to the Stellar Lumens price prediction 2025 was rekindled.

The short term path of Stellar is bearish. Stellar coin is being traded around 0.13 USD now, and it may fall to 0.10 USD. But it will rise again. The next resistance point will be at 0.25 USD. We predict the value of each coin to reach 0.30 USD by the end of 2019. The 2020 prediction rate goes with breaching the 1 USD target. It should be noted that the growth path of Stellar will have many inconsistencies.

Disclaimer: The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.
spot_img

latest articles

explore more