Stellar Price Prediction

Stellar is an open-source, decentralized protocol that allows you to transfer digital money to fiat and makes cross-border transactions possible between any currencies. The Stellar Ecosystem was born in 2014. The project launched an ICO and managed to raise $39 million for its development, and 100 billion coins were deployed. Its token is called Lumen. The Lumens XLM cryptocurrency, which is necessary to have for those who want to use Stellar products, has exceeded all expectations with an impressive takeoff and earned a position among the 10 most popular cryptocurrencies. Stellar reduces the fraction of time between interbank financial operations, and the transaction costs do not exceed 0.001 USD. This saving of time and costs leads to an increase in users, sales, and confidence in the network. Stellar supports more than 1,000 transactions per second with the help of 1 trillion accounts. Stellar is a decentralized network consisting of pairs of servers operating independently of each other, which means that it does not depend on any individual entity.Stellar tokens, or lumens (XLM), have been trading for several years with mixed results. XLM prices had been mostly hovering around $0.2 or below since 2018 and until the last months of 2020, when the general public interest in crypto rose considerably — together with its prices. XLM peaked on May 16, 2021, when it reached $0.8 mark. This surge can be attributed in part to Elon Musk’s comments about Bitcoin’s energy usage, which spiked interest towards its ‘greener’ alternatives. Since then, XLM’s price has fallen below $0.4 and keeps falling, but there is hope for its recovery in the community and quite a few predictions about XLM price breaking $1 by the end of 2021.Despite the fact that 100% accurate technical analysis for Stellar cryptocurrency is hardly possible, on this advanced technical…