Because the time relations between each wave are perfect fibonacci relationships, and because each wave appears to be corrective, and because there is no overlap of waves-b and -d, and because there is significant price difference between each wave, we can safely assume a diametric is forming. This also means wave-d should be coming to a completion soon because it is exactly 1.618 in time of waves-b and -c, and 2.618 of wave-a.
When wave-d completes we're most likely going to get a very large wave-e that could be as big as wave-a, wave-c or waves-a + c, which could take us anywhere from 10-100 USD, and will probably end somewhere between November and January. However, because its a diametric these targets are more like a shotgun blast rather than a sniper shot, and it will be best to analyze in more detail as we approach each target time to see if it looks like it's going to end or continue trending.
There's also lots of other indications at the shorter timeframes that support this bottoming here, such as momentum divergences, harmonics, bullish divergent bars, TD sequential signals, and elliott wave counts. Being added to the biggest regulated US exchange will also help increase volume and legitimacy.
The long-term fundamentals of stellar are very good and are similar to XRP except that it is much less likely to be deemed a security because Stellar.org only holds 5% of Lumens. One of the biggest use cases for XLM (and XRP) is that banks and institutions are going to be using it to increase liquidity when trading illiquid foreign currency pairs, as well as to decrease the cost of cross-border payments, and to increase the speed of international and domestic financial transactions. This could easily project these to trillion dollar market caps because 100s of trillions of dollars move through these channels globally each year, and to decrease cost, and increase speed and liquidity, it will require these institutions to buy XLM and XRP to use as an alternative channel, and hold large amounts of it on reserve.
Bình luận
⋅
XLM appears to be in a diametric pattern at the moment. Wave-g has a high probability of ending on September 21st, along with the rest of the crypto markets. There's a good chance we just consolidate here within the triangle lines before breaking out, and heading towards 100. Best to wait for better timing to fully re-enter the market.
It was 10k BTC for 2 Pizzas and I bet he still had enough btc left.
If this XLM move ever happen...Omg Shoot me then ;D
KLYP_Investment
⋅
It did "Intuit".
Voluntarist007
⋅
Very bold prediction. Let's go for the stars.
And thanks again for recommending str mar 2017.
Johnnysharp
⋅
I would prefer any other coin but XLM due to the supply and shenangians around being a "non-profit" but the XRP, Google, IBM, etc connections are too much to ignore. Also probably not a coincidence XLM is one of the best out performers of 2017/2018 and is showing extreme FA growth in accts and transactions by the week. Also one of few focusing on being a transaction network vs store of value or distributed computer.