Bakkt Delists Ripple Rival Stellar, XRP Community Reacts

The Ripple community takes a hit at the SEC chairman as a prominent US crypto exchange massively delists coins, including Ripple’s rival XLM. Bakkt, the crypto business arm of Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), has recently made the decision to delist a number of digital assets, including […]

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Wall Street Expert Agrees XRP is the Greatest Opportunity for Generational Wealth

A Wall Street analyst endorses a statement suggesting that XRP is among the greatest opportunities for investors to build generational wealth.Notably, the sentiment was originally shared by Digital G, a market commentator, amid the ongoing market turbulence. For context, XRP has been a victim of the latest market correction, which wiped out over $1.7 billion in leverage positions from nearly 584,000 traders.Data suggests that XRP faced one of the worst selloff campaigns for any cryptocurrency, especially on Coinbase. This triggered a massive 14.87% price collapse on Monday, with the altcoin closing the day at the lower end of the $2 price region.XRP Represents an Opportunity for Generational WealthAmid these troubles, XRP has shown impressive resilience, which has helped to maintain optimism around it. As confidence in its potential prevails, Digital G, who was a regulated fund manager in the U.K., recently pointed out the importance of an investment in XRP.He admitted that XRP represents one of the greatest opportunities for any investor to secure generational wealth. Moreover, he believes the two other cryptocurrencies with such potential are Stellar (XLM), an XRP rival, and XDC Network (XDC).Interestingly, Wall Street analyst Linda P. Jones, a vocal XRP proponent, agreed with the commentary. According to her, she authored a book on the assets and how such investments could help investors build life-changing wealth. The wealth mentor was possibly referring to her bestseller 3 Steps to Quantum Wealth.https://twitter.com/LindaPJones/status/1866095076033646939Interestingly, all three assets focus on helping retail and institutions carry out efficient cross-border payments and financial transactions by providing fast, low-cost, and scalable solutions for transferring value.XRP, XLM and XDC Potential Digital Gs sentiment is possibly due to the fact that these cryptocurrencies, especially XRP, have ecosystems looking to solve real-world problems in finance, such as remittances and settlement, and have partnerships with banks, governments, and enterprises.While they underperformed in previous years, their recent price action confirms the potential for growth. For instance, XRP is up by more than 303% since November, while XLM has gained 448%. Also, XDC has skyrocketed 175% within the same timeframe.As a result, several market analysts have presented lofty targets for these tokens. Recently, market analyst EGRAG argued that XRP was following Teslas 2018 trajectory, forecasting a 50% dump before a 3,500% uptick above $40. Meanwhile, last month, Charting Guy, a market commentator, called attention to a bullish price structure on the 1-month XLM chart which he believes could lead to a rally to $5. Earlier this month, Javon Marks set a breakout target of $0.1814 for XDC.

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XLM, UNI and AAVE gain double-digits as BTC reclaims $94k

Several altcoins are recording notable gains as the crypto market braces for new upside momentum. This comes as Bitcoin rose slightly after the declines that saw it drop to lows of $91,000 this week. With BTC reclaiming the area above $94, 300, Stellar (XLM), Uniswap (UNI) and Aave (AAVE) jumped more than 11% each. XLM, […]

The post XLM, UNI and AAVE gain double-digits as BTC reclaims $94k appeared first on CoinJournal.

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Expert Asserts XLM Space Launch is Imminent, Targeting an 850% Upsurge to $2.27

A reputable market expert asserts that XLM is on an ignition countdown, targeting an over eightfold upsurge from its current price.Stellar (XLM) has become the latest cryptocurrency to engineer a breakout as the broader market bullish sentiment has rubbed off on the asset. While Bitcoin consolidates following its explosion to above $90,000, XLM has swung to a three-year price high.The 20th-ranked cryptocurrency by market cap has surged an impressive 116% in the past seven days, rising beyond $0.200. Furthermore, XLM is up a staggering 144% in the past month, benefiting extensively from the prevailing bullish market momentum and following XRP's path.Meanwhile, XLMs recent upsurge has drawn the attention of major market analysts, including seasoned commentator Egrag. In a Monday tweet, Egrag noted that the 116% weekly surge is the start of XLMs space launch, predicting a rise to unprecedented price territories.Countdown to XLMs Explosive UpsurgeEgrags November 18 analysis shows further upsides remain for Stellar. The seasoned analyst noted that XLMs space launch is imminent, expecting the bullish vibes around the coin to continue.In an accompanying chart, Egrag based his assertions on a structural pattern, targeting the Inter Stellar Gateway zone. Per the chart, the analyst speculated that XLM would complete its wave-like price structure, anticipating a surge to the patterns high between $0.794 and $1.057.XLM Inter Stellar Gate way | EGRAG CryptoNotably, the Inter Stellar Gateway zone surge would entail an upsurge between 233% and 343% from the current price. XLM would also grow past its current all-time high of $0.9381, attained in January 2018.XLM to Repeat Last Cycles Success?In another analysis, Egrag speculated that Stellar might replicate its price surge from the last cycle. For instance, XLM surged 3,162% from its low of $0.025 in March 2020 to the cycles top at $0.804 in May 2021.Per Egrags attached chart, he asserted that XLM could achieve a similar feat in this cycle. Having already surged over 2,312% from this cycles bottom, Egrag expects a further 850% uptick to $2.2700.Egrag XLM AnalysisMeanwhile, XLM begins the week on a high, soaring an impressive 16% in the past 24 hours. At press time, the asset trades at $0.2421 with a market cap of $7.2 billion.

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Stellar Hits Bottom: Huge Bullish Potential Signals Strong Growth Ahead

Stellar (XLM) is looking to break out of its consolidation pattern towards the upside. In a recent X post, Santana noted that Stellar could be preparing for a major bounce off the bottom after reaching it. The technical analysis of XLMBTC that compares the prices of Stellar with Bitcoin has pointed out the following signs […]

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