Analyst: Stellar (XLM) Could See a Rapid 60%+ Pump as Strength Mounts
Despite this, analysts still believe that Stellar could be well-positioned to see further near-term upside, with one trader explaining that he expects it to see a 60%+ pump in the coming days and weeks against its Bitcoin trading pair. Stellar Shows Signs of Strength as It Holds Above Key Technical Levels At the time of writing, Stellar is trading down over 4% at its current price of $0.109.
That being said, analysts are now widely noting that it may be well-positioned to see significant upside, with multiple factors pointing to underlying strength against BTC despite its ongoing price decline. Analyst: XLM Could Soon Pump 60%+ Another analyst echoed this sentiment, explaining that he is eyeing a 60% move higher for Stellar against its BTC trading pair.