- An analyst predicts a 3,006% surge for Stellar to $3.50.
- Despite recent price dips, EGRAG anticipates a 220% growth, targeting $0.38 to $0.42 for XLM.
- According to the analysis, $3.50 marks a significant milestone for XLM.
Stellar (XLM) enthusiasts brace themselves as a seasoned crypto analyst, EGRAG, forecasts an astronomical surge for the digital asset. The projection points to an extraordinary 3,006% rise, propelling XLM’s value to an unprecedented $3.50.
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While recent hours have seen a short-term decline in XLM’s price, dropping from $0.1227 to $0.116, marking a 5.29% dip, EGRAG remains undeterred in the bullish outlook. Despite a modest 2.73% gain over the past month, EGRAG believes XLM is on the brink of a monumental breakthrough.
Source: EGRAG CRYPTO
In a detailed analysis, EGRAG emphasized the significance of Fibonacci Circle 1.414, historically noted for influencing market highs and lows. Presently, this pattern appears to be mirroring its past impact on XLM, bolstering EGRAG’s conviction that it is acting as a robust support level.
Setting initial targets between $0.38 and $0.42, EGRAG identifies these price thresholds as crucial checkpoints in XLM’s upward trajectory. Should XLM sustain a surge to these levels from its current $0.1164, it would signify an impressive growth surpassing 220%.
EGRAG’s optimism extends further, envisioning a captivating journey for XLM investors. Pointing towards the stars as the ultimate destination, the analyst highlights $3.50 as the symbolic milestone. This ambitious valuation reflects a staggering 3,006% surge, portraying a beacon of hope for XLM’s unprecedented growth potential.
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