Stellar Price Could Reach $1.50 or Even $5 if XRP Hits $6
Crypto analyst Celal Kucuker has made a prediction about Stellar (XLM) based on its long-term chart and the relationship between XRP and XLM. According to Kucuker, if XRP reaches $6, XLM could break above $1.50.
The analyst's argument is based partly on the historical relationship between the two assets and their technical setup. However, it's essential to note that reaching $1.50 would require an almost 9x move from current prices, or a rise of approximately 782%.
Kucuker also projects a more ambitious target of $5 for XLM, but this would be even more challenging, requiring a nearly 30x increase from the current level. The analyst's long-term chart shows a multi-year consolidation structure that has been developing since around 2018 and may potentially break through.