CandleFocus Can XLM Soar 360% to $2? Here’s Why This Analyst Thinks So
2024-12-13
Author: Content Editor
A prominent crypto analyst named EGRAG CRYPTO predicts that Stellar (XLM) could potentially increase by 360% to reach $2. EGRAG bases this prediction on a technical pattern that occurred in 2020 when XLM broke out of an exponential moving average (EMA) and rallied over 3,100%. Currently, XLM is trading at around $0.437. However, EGRAG does not expect the price to reach $2 in a straight line. Instead, he suggests that XLM may first attempt to reach its all-time high of $0.9, then potentially retrace before surpassing $1.2 and beyond.
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