Stellar 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/2018/01...-so-far-stellar.html
globalcoinreport.com...ch-up-to-ripple-xrp/
Stellar in #6 position of all cryptos, as of today, surpassed Litecoin and others.
www.ccn.com/interste...ecoin-in-market-cap/
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.
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/2018/01...-so-far-stellar.html
globalcoinreport.com...ch-up-to-ripple-xrp/
Stellar in #6 position of all cryptos, as of today, surpassed Litecoin and others.
www.ccn.com/interste...ecoin-in-market-cap/
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.
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Pitchfork for +400% zoomed in a bit.
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You think I'm crazy.. check out where that pitchfork leads.. if we look at what I've plotted on the 4h charts:
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Bigger pitchfork based on daily climb... $23 is the target in the middle, but may go as high as $36-75 while staying within the current daily pitchfork.
