XLM: the big breakout is finally on! (+48%!)
XLM finally broke out after months of consolidation...
Stellar is a very special coin and has very special behavior in price action with long and boring accumulation periods and then massive breakouts of 40 to 50% in the matter of days or weeks!
FUNDAMENTAL / LONG TERM
As you can see I am very bullish on Stellar fundamentally hence its in my username, this is because I believe Stellar with play a crucial role in the future of bank backed stable coins.
This same reason is why Stellar underperformed compared to all these hype projects popping up left and right; I believe XLM could gain more spots in the market cap rank in the long run.
XLM will explode in fall / start of winter this year; when we will see more and more "official bank backed" stable coins and the implementation of the new SWIFT standard, same accounts for LINK. People say these are all rumors etc; but I do not believe so. The new world finance settlement system of SWIFT ISO20022 will be a game changer for crypto esp LINK, STELLAR and ETH - but dyor.
XLM BREAKOUT
As you can see we just came out of our consolidation period and we are about to break the ATH. Normally you would start to be cautious and it would feel like chasing a pump / fomo.
For Stellar this is not the case, given its super long accumilation periods and XLM needs to break ATH for a proper breakout. I expect this to happen today and a minimum 45% pump is coming against the USD and 30-35% against BTC.
Happy days for Stellar and for me long term hodler! :)
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
Stellar is a very special coin and has very special behavior in price action with long and boring accumulation periods and then massive breakouts of 40 to 50% in the matter of days or weeks!
FUNDAMENTAL / LONG TERM
As you can see I am very bullish on Stellar fundamentally hence its in my username, this is because I believe Stellar with play a crucial role in the future of bank backed stable coins.
This same reason is why Stellar underperformed compared to all these hype projects popping up left and right; I believe XLM could gain more spots in the market cap rank in the long run.
XLM will explode in fall / start of winter this year; when we will see more and more "official bank backed" stable coins and the implementation of the new SWIFT standard, same accounts for LINK. People say these are all rumors etc; but I do not believe so. The new world finance settlement system of SWIFT ISO20022 will be a game changer for crypto esp LINK, STELLAR and ETH - but dyor.
XLM BREAKOUT
As you can see we just came out of our consolidation period and we are about to break the ATH. Normally you would start to be cautious and it would feel like chasing a pump / fomo.
For Stellar this is not the case, given its super long accumilation periods and XLM needs to break ATH for a proper breakout. I expect this to happen today and a minimum 45% pump is coming against the USD and 30-35% against BTC.
Happy days for Stellar and for me long term hodler! :)
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
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