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.
Text source: The Crypto Basic
