Stellar (XLM) has made a strong comeback, rising by 220% this year. Analysts believe it has more room to grow, with potential targets of $0.31 and $0.34. Reasons for Stellar’s rise include its ongoing relationship with MoneyGram, its role in Real World Asset Tokenization, and its partnership with Mastercard and Stripe.
Stellar’s founder, Gavin Wood, was also a co-founder of Ripple Labs. Like Ripple, analysts predict Stellar could reach $1. The weekly chart shows a potential breakout in the coming month, with the next resistance level at $0.3243. Disclaimer: This content contains general information and should not be treated as financial advice.
Always do your market research before investing in cryptocurrencies. The author or the publication does not hold responsibility for any financial loss resulting from your investment decisions.
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<p>The post Stellar Lumens (XLM) Price Jump and Cryptocurrency Rally: The Next Stellar Move first appeared on CoinBuzzFeed.</p>
