$11 XLM Price Prediction Shines Brighter as Analyst Draws Light to Altcoin Stellar Lumens’ Bullish Potential
- Bullish $11 XLM price prediction shines brighter
- Reputed analyst sheds light on altcoin Stellar Lumer’s bullish potential.
- The analyst expects XLM price to pump by over 4,000% in altseason peak phase.
The crypto market has been growing greedier with eagerness and high anticipation for the long-awaited altseason phase of the ongoing bull cycle to begin. With news that Bitcoin Dominance will finally fall and the price of ETH is steadily pumping, several altcoins are showing strong pump signs for a bullish altseason phase to begin. In particular, a $11 XLM price prediction shines brighter as an analyst sheds light on altcoin Stellar Lumens’ bullish potential .
$11 XLM Price Prediction Shines Brighter
Analysts believe this bull cycle’s altseason is right around the corner, with several altcoins ready to explode. In particular, most reputable altcoins, new and legacy, have been showing highly bullish signals since before the bull cycle began. While some altcoins like SUI and FET have already set new ATH prices, many have yet to start to pump, let alone set this bull cycle’s ATH prices.
To highlight, legacy altcoins are yet to set new ATH prices this bull cycle and the delayed run has only convinced analysts that a parabolic pump is on its way. To highlight, this bull cycle’s altseason should have occurred in Q1 following every Bitcoin Halving year, as every bull cycle’s altseason took place based on historic data. This year, the pattern was broken, and analysts concluded that this bull cycle’s altseason will be delayed.
Now, as we approach the final month of Q2, expectations for this bull cycle’s altseason to begin in Q2 are still being tested. Certainly, the price of ETH pumped to finally overtake $2,700, but the pioneer altcoin asset is yet to reclaim its previous ATH price of $4,800. This means ETH still has a long way to pump, and altcoins may not go parabolic unless ETH surpasses the $4,000 price target.
4,000 XLM Price Pump in Altseason
The other trigger that could push both Ethereum and altcoins to hit higher prices is Bitcoin Dominance finally falling. This would pave the way for altcoins to dominate. Already analyst are stating that BTC Dominance may have peaked this bull cycle and are simply waiting for the fall, leading to an altcoin rise. Of the many altcoins, including Cardano’s ADA and Ripple’s XRP to pump significantly alongside ETH, Stellar Lumens ’ XLM is also a frontrunner.
As we can see from the post above, this analyst expects the price of the popular altcoin Stellar Lumens (XLM) to pump parabolically and set a much higher ATH target this bull cycle. Currently at $0.2, XLM set an ATH of $0.9 7 years ago. Now the analyst expects an explosive pump alongside XRP . In particular, the analyst expects XLM price to outdo its 20217 run and hit a cycle top price of $11 and possibly higher with a pump of over 4,000% in altseason’s peak phase.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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