I've been tracking XLM for a while, realized its been in this channel for a while. It obviously dipped below it and bounced back up to it several times. I was hoping for a $0.30 XLM by the halving but that's not happening. The logic is most projects will do a 10x 18 months after the halving that would give us $1 XLM but if tokenization takes off as rumors say Blackrock is working with Stellar we will see greater gains. XLM has dropped down in to the 30 range of top coins which is good because we have room to grow, obviously the top 10 are almost blue chip coins it means safer with less gains.
The only coin worth looking at with great potential is DOT and they have a cross chain with XLM which can bring value to both chains.
My theory is based on XLM's peek from May 21st, 2021.
1,000,000 XLM @ last peek price is $800,000 | today's price $110,000 500,000 XLM @ last peek price is $400,000 | today's price $55,000 300,000 XLM @ last peek price is $240,000 | today's price $33,000 150,000 XLM @ last peek price is $120,000 | today's price $16,000 75,000 XLM @ last peel price is $ 60,000 | today's price $8,250
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.