Our crypto team was driven by a strong desire to share the tremendous opportunity we saw in the cryptocurrency market as well as blockchain stocks. We didn’t want them to miss this opportunity to get involved but most importantly, we wanted to spare them the pains of investing in the 99% that will not survive as per the Tsaklanos 1/99 investing principle.
So to go back and answer if Stellar Lumens price is still Bullish, the answer is yes. We still see the same fantastic opportunity in this market and we still believe that patient investors who see the long term gains will ripe the most rewards.
In fact, and as shared a while ago with premium crypto subscribers, you either trade this market aggressively and cut losses ultra quickly or hold for the long term and stay away from reacting to price movements. Those who end up in between get slaughtered, literally, because they will buy high and sell low most of the time till their capital is gone.
Stellar Lumens will rise in 2021: A very constructive price chart
As we look into the Stellar Lumens price chart, the pattern is clear and so is the path. Our observations are the following:
We are currently looking at a Stellar Lumens bullish confirmation. The outcome is likely to be one of the 2 following scenarios:
Scenario #1: A sideways movement between 0.20 and 1 USD. The longer the price evolves within this purple price channel, the more potential upside for Stellar’s price.
Scenario #2: Follow through that leads the price to 0.35 thus the upper side of the horizontal channel which will ultimately lead to the major breakout once the price crosses above 1 CAD.
Stellar (XLM): There are more than 1,900 crypto coins in the market today and each has a solution it is trying to solve. Surprisingly, none of these can claim monopoly in their jurisdiction but some have superior value propositions backed by a strong unique technology and Stellar Lumens (XLM) has so far impressed the investor as a global financial system.
Stellar (XLM) is rated the sixth largest and most valuable coin in the world. However, its success is based on its development progress for the last nine months. The bearish market has not deterred the platform from gaining more visibility and this has resulted to additional adoption. Here are 5 reasons why Stellar will dominate the financial sector in 2019 and beyond.
Stellar (XLM) Superior Smart Contracts
Stellar appears to have learned a positive lesson from the vulnerable smart contracts created on Ethereum. To avoid attacks and manipulations, the Stellar team has gone a notch higher by creating superior smart contracts that are highly rigid and cannot be manipulated from within or elsewhere.
These contracts are not as flexible as those of Ethereum and that is why they are safe and efficient. The authentication process has also been secured through multi-layer encryptions. This is one of the reasons why one of the biggest tech giants is building a global payment outfit on its ecosystem
IBM’s Boost for Stellar with Blockchain World Wire
The relationship between Stellar and IBM’s Blockchain World Wire has far reaching implications globally. This has cemented Stellar as the next global financial system. The two partners have been working on several projects and the BWW has got the entire blockchain industry watching and this has send XLM holders into early celebrations.
Simply put, the collaboration will make the XLM coin the transaction vehicle and given the IBM global market penetration, the coin will be the biggest gainer. As more investors join the BWW project, XLM usability will increase busting its market liquidity with increased value being the end game. Transaction costs and speeds have always limited growth potentials for many coins but for Stellar, the story is different.
Stellar (XLM) is Affordable Business
After being put in the global market by IBM, the lowly priced coin will have the investor appeal for worldwide transactions. Compared to its competitors in the market, the Stellar cost of transacting is the lowest. With a bas fee of 0.00001 XLM and 0.5 XLM reserve, these are the best rate any investor cannot resist.
Bank rates are currently on the higher side and integrating with the Stellar system will drastically bring the cost of doing business and more adopters are likely to onboard the ecosystem. The partnership will also give more users access to banking services in a decentralized atmosphere.
Stellar AML and KYC Compliance
One of the reasons why investors are shying away from blockchain mass adoptions is AML and KYC requirements. Stellar has met the threshold and given the investor the confidence they are seeking. More and more startups are more likely to identify with a compliant system and Stellar is becoming their legitimate safe haven.
The address system on the platform works well with other AML and KYC approved platforms. this way, illegitimate transactions cannot be performed on its ecosystem. This has made dark web operatives keep of the system paving way for institutions and individual doing clean businesses.
Stellar (XLM) Price Value Proposition
For anyone looking for a dApp development platform, Stellar is the best since internal transaction fees are dictated by the prevailing market price of the XLM coin. The low XLM price is an entry point for any developer who is focused on early adoption for long term investment.
XLM Stellar Price Predictions 2021?
After surveying 7 of some of the leading XLM price predictions, I found that most professionals predict that the price of XLM will only go up this year and well into the future! Let’s take a look at some, shall we?
Altcoin Forecast includes a short-term prediction as well, expressing a predicted short-term gain of about 10% from its current price.
Wallet Investor updates prices and predictions every 3 minutes using the latest technical analysis.
This stands slightly lower than the first prediction, however, this price would still offer you a ROI (return on investment) of 5x if you invest at the current price.
The team says that this is an achievable XLM price prediction as long as there aren’t any major security flaws and the overall sector preforms well.
Monetize believe that Stellar’s major partnerships will be the reason behind an upcoming price surge, which the forecaster says will result in XLM’s price reaching $2-$3. Monetize is not wrong about the high-profile partnerships. Beyond IBM, Stellar’s partners include Stripe, Deloitte, and ICI Bank.
To give you an idea of the magnitude of these partnerships, Stripe gave Stellar a 3-million-dollar capital injection a few years back which Stellar immediately returned in XLM.
Yes, you read that right — Stripe owns Lumens.
Crypto News Powered by Oracle Times
For this and other $1.00 XLM price predictions, Oracle Times pointed to IBM adding 8 new validators to the network back in December. Jed McCaleb’s announcement about 30 banks partnering with Stellar was also cited in the article. In addition to the banks and IBM’s validators, partnerships with SatoshiPay, Mobius, and Hashcash (among others) were also mentioned.
Crypto News predicted that the price of Stellar could hit the $1 point as early as January 2018, and it nearly did around January 3rd – 4th when it reached a height at $0.94. The price, however, has fallen significantly since then.
The following predictions are two very different, highly speculative price predictions. Do not let either one of these XLM price predictions scare you or cause you to become too excited. Remember, crypto is incredibly volatile, the prices can be up one moment and down 50% the next. So, please read and act with caution.
The Economy Forecast Agency
This website features a long-range of forecasting models to make market forecasts for corporate clients. The analysts use mathematical and statistical price models based on historical price trends.
Please note that these forecasts can change because, as mentioned, the forecasting model uses historical trends when they are calculating price predictions. This means that the tools they use are constantly updating information as new prices come in.
So, it seems as if most analysts have predicted a positive outcome for Stellar’s short and long-term future.
Is XLM a Good Investment?
According to a recent post by Data Driven Investor, when Venture Capitalists sink money into a company, two of the most important questions they ask themselves are these:
1) Are there some easily identifiable uses for the product?
2) What kind of team does this company have behind it?
Stellar knocks both of those questions out of the park and certainly has a great use case and a solid team. Throughout all these XLM price predictions, some of the same three things continued to appear — the technology behind the Stellar blockchain, the development team, and the partnerships.
Stellar is a platform which has been created to enable digital asset transfers. The organization wich has developed it is the stellar development foundation. It is a non-profit organization. In the last 12 months, the performance of the cryptocurrency has been outstanding. The overall gain is even more than 900%.
Most of the investors are keen to find out whether it can provide a significant positive return in the current calendar year or not.
If you were to take the average of all the price predictions we listed today, each Lumen will be worth about $1.63 cents by the end of 2021. I’d take that!
Here’s my opinion on Stellar: The only immediate short-term concern that I see is the overall market being down at the current time. But once the market recovers, Stellar could stand high on the shoulders of the gigantic cryptocurrency market.
And that is all I will say on the matter!
However, I can’t stress enough how important it is for you perform extensive research before investing. Not only that, but you should consult a financial expert too. But before that, I’d love to hear your thoughts… so, let me know what you guys think about the future of Stellar!
In terms of protocol, it is similar to Ripple. The only difference is that ripple targets the bigger end of the market that is the financial institutions and corporate transfers. On the other hand, when you look at stellar, it targets the smaller transactions. It targets the individual and retail transactions. Also, it has partner agents which it is trying to increase. They normally facilitate the transactions.
If indeed, banks are able to use stellar, that would be a huge boost for the cryptocurrency token. This would also increase the demand for the cryptocurrency.
If you’re looking to invest in stellar, it is a good idea to wait for a dip. But this already missed. You would be able to get a return of around 55% to 60% if we you were to buy it on a dip of 10%.
You need to, however, keep in mind that stellar is very volatile. It is not considered to be among the blue-chip cryptocurrency. Thus, if you have the appetite of volatility, that is only when you should think about investing in stellar. Otherwise, it is a good idea to stay away from the cryptocurrency.
If you’re looking to diversify your cryptocurrency portfolio with something which can provide you with moderate returns but good development potential, stellar can be a good fit into your portfolio. You need to, however, keep a watch on the execution strategy of the company.
Really love the bad mouthing of Stellar XLM at the end of this article. I would offer that Mr. Peter Theil a world renowned investor recently invested several million dollars in XLM tokens. This man does not make these kinds of investments lightly. IBM didn’t partner with Stellar because they were an inferior product. IBM could have partnered with Ripple but they chose to work with Stellar XLM. An intelligent investor would ask themselves why IBM would select Stellar over Ripple. Their original programming was very similar. That is absolutely not the case today so they truly are in no way similar on that point. While they both serve the same banking market Stellar is targeting the unbanked P2P payment systems and Ripple seems to focus on B2B transactions.
It appears Stellar is actually involved in B2B more than expected which would seem to indicate it has greater flexibility and security. Stellar is in the process of updating to the realities their trials have revealed. They need greater scalability. Lighting is in the process of being integrated into the Stellar block chain. Also they are adding features improving anonymity and security. Stellar has worked with the primary engineer involved with Bitcoin and Lightning development as they work to optimize Lightning for Stellar.
Stellar appears to be the more stable and secure platform if reports as posted in the public domain by Stellar founders and engineers is accurate. If the movement by banks, businesses as well as ICO’s continue towards Stellar we might be able to be more confident in the technology advancements in their offering.
As Stellar and IBM with their 1600 technologists continue to quietly build out their system and interconnected client base Stellar is being placed in a far stronger position. Their goal isn’t to just be the token being used in transaction but to build out a financial internet with it’s own ecosystem and Https or better type security.