To dive deeper, check out the complete article from original source:
https://droomdroom.com/xlm-stellar-price-prediction/
🌟 Stellar (XLM) Price Prediction Highlights:
Stellar (XLM) is poised for a potential breakout from its descending triangle pattern, which could lead to a short-term rally. If it rises by 5% or more by next week, XLM may see new highs, potentially reaching $0.15 by the end of 2024. In the long term, by 2030, the target for XLM is projected to be between $0.9 and $1.
🚀 What is Stellar?
Stellar is a peer-to-peer financial network designed to drive financial inclusion, especially in developing countries. Its smart contract platform, Soroban, is extensively used in regions like sub-Saharan Africa.
💹 Fundamentals:
With a market cap of $2.85 billion and a transaction capacity of 1000 per second, Stellar ranks 33rd in crypto. It provides easy access to financial services like AMMs and DEXs, helping empower entrepreneurs, especially women, through projects like the ClickPesa Debt Fund.
📊 Technical Analysis:
Stellar’s charts show a bullish pattern, with indicators like XRP and MACD signaling an upcoming rally. Experts predict it may reach $0.25 by 2025, $0.4 by 2026, and up to $0.75 by 2028 during the pre-Bitcoin halving rally.
🌍 Long-term Growth:
As decentralized technology continues to be adopted in developing countries, Stellar’s growth is expected to skyrocket, with its price potentially crossing $1 by 2030.
