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New Stellar Price Prediction: Will XLM Cost Double? Experts Say $0.14 Is More Than Likely

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    📈 Price Predictions

    Stellar price prediction 2019: What will drive XLM growth this year?


New Stellar Price Prediction: Will XLM Cost Double? Experts Say $0.14 Is More Than Likely
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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Stellar seems to be one of the rare cryptocurrencies that has managed to survive through the crypto winter. Moreover, experts are sure that it will start gaining soon, and XLM will surely double its price, though it’s a very humble suggestion. Which Stellar price prediction 2019 should we count on?

Let's check out information about Stellar on analytic websites.


Smartereum: Bullish run continues

According to Smartereum, Stellar will continue growing slowly but steadily. A bullish run can be triggered in two scenarios:

  • If Stellar manages to get to the range between $0.17-1.0, it will mean a lot. The more it stays in this range, the greater is the potential for XLM to soar down the road.

  • According to the second scenario, if Stellar reaches the $0.35 threshold and gets to the top of the horizontal channel, it will kick-start a major breakout as soon as the cost crosses the price of $1.

New Stellar Price Prediction: Will XLM Cost Double? Experts Say $0.14 Is More Than Likely

Other trading websites confirm Stellar’s rise

Which Stellar price predictions 2019 are given by websites?

  1. Altcoin Forecast’s prediction is that investors will enjoy a 10% gain from XLM’s current price.  

  2. Wallet Investor promises Stellar owners 5x ROI during the following months, which means XLM can reach $0.35.

  3. Investing Haven’s team agrees with the above-mentioned forecast because there are no major security threats, and the overall sphere performs well.

  4. According to Monetize.info, Stellar’s partnerships can make the XLM price reach $2-3. Considering Stellar’s partners (IBM, Stripe, Deloitte, and ICICI Bank), this forecast can come true.

The Oracle Times website approves of these forecasts: Stellar’s potential can be opened thanks to a collaboration with IBM’s validators, partnerships with SatoshiPay, Mobius, and Hashcash. Its $1 forecast for January 3-4 nearly came true – it reached the height of $0.94 back then. However, the price has fallen significantly since then.

New Stellar Price Prediction: Will XLM Cost Double? Experts Say $0.14 Is More Than Likely

What will drive Stellar’s growth?

Why does Stellar have serious potential to outperform competitors? It provides substantial value on the cryptocurrency market and is backed up by advanced technology. There are at least 5 reasons why it will dominate the blockchain sphere:

  1. Stellar smart contracts are less vulnerable than Ethereum’s technology: they cannot be manipulated by anyone, and are very hard to hack. Multi-layer encryption and an advanced authentication process make Stellar smart contracts a great option for global payments.

  2. The partnership between Stellar and IBM’s Blockchain World Wire helps to establish the blockchain’s position in the global financial system. Thanks to such collaborations, Stellar will win from higher market liquidity and better transaction speed.

  3. Stellar transactions are affordable for businesses: the 0.00001 XLM transaction fee means companies can save millions of dollars.

  4. AML and KYC compliance makes it a trustworthy platform.

  5. The coin’s resilience is a good sign that attracts investors.

Therefore, Stellar can become a very profitable investment. It is backed up by advanced partnerships and technological superiority, which will sooner or later make it a leader in the crypto sphere. While $0.14 seems to be a realistic forecast, an XLM price of $1 is possible to reach in 2019 as well.

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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Pump or Dump? BTC Price Analysis Is Interpreted in Two Opposite Versions


Pump or Dump? BTC Price Analysis Is Interpreted in Two Opposite Versions
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Contents

One of the most extravagant crypto traders on YouTube, Crypto Kirby Trading, has come up with his own observation of Bitcoin price predictions and technical analysis. His notes give us a hint that there are two ways for BTC to go. What are they? Watch this YouTube video and check out which BTC price theories the trader has.

Head & Shoulders pattern – a bullish sign

Head & Shoulders bearish pattern cannot stay unnoticed – we can see it forming from the beginning of April until now. However, the right shoulder hasn’t formed yet, so the pattern should be confirmed – don’t rush to make conclusions.


What happened recently when BTC fell into the abyss? According to Crypto Kirby Trading, it was resistance short. Shorts got a little bit high, and they squeezed it. In fact, the recent squeeze didn’t bring us anywhere – it’s like nothing happened.

At the moment, BTC goes sideways and sees resistance. Judging by H&S pattern, the volume peak has been reached, and now we are under resistance line in the right shoulder. If BTC’s price suddenly goes up, the pattern will be invalidated.

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Pattern within a pattern

Which pattern has been taken by BTC? It depends on how you look at it! What do we have here?

Descending triangle pattern or an ascending triangle (a little bit longer term)? Both are possible!

There has been lot of speculation about these patterns – that’s the problem. So, we have two different triangles and H&S, three patterns at the same time. If the H&S or descending triangle get validated – BTC is expected to go down to $5,000 and further into the abyss.

Take a look at the chart. We are still trading below the key resistance in the red box, and the rest of indicators still look bearish. We haven’t been trading so low since February 2018! That’s why it’s hard to believe that we will pump.

According to Crypto Kirby Trading, the $6,000 resistance might be very hard to beat – the hardest in BTC history. Very unlikely that it will happen in the nearest time, but who knows?

So, what should happen?

Crypto Kirby Trading  reckons that the possible $4,500-$4,300 would be a better bottom to buy BTC even than at the winter level. However, you should be very attentive. We are testing the November 2018 levels, and it’s important to make proper adjustments here.

Currently, the volume has been higher than in the previous months, but it’s not promising – it seems to be declining gradually. If we go down, we will reach consolidation to resistance.

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What should happen for a dump?

If we move sideways without touching resistance, expect a bearish period, and we’ll continue adjusting the triangle pattern until it breaks. Confirmation of patterns is required – don’t rush to make conclusions yet.

One more thing signifying a possible dump is the Fear & Greed Index – 61, which means we can fall as it always occurs when we get greedy and want to squeeze maximum profit from the market.

What should happen for a pump?

For pump, we should break the red box ($5,750). We should test the top of the box as well as the H&S and reach new volume – we want this boom to happen and bring us to the top, don’t we? If that happens, opportunities can get insane because the bulls vs bears battle will be epic. We might get through $6,000-$7,000, but of course not without failing the first attempts to scratch the top – it always happens this way.

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