Stellar (XLM) Presents The Best Risk/Reward Setup


Stellar Chart With Values

Stellar (XLM) has been the centre of attention among crypto investors for its spectacular gains even in the face of trouble in the overall market. Currently, the price of XLM/USD appears to be breaking out of a wedge to the upside. The whole market has been in a standstill for the past few weeks but a big move is around the corner. Most cryptocurrencies currently trade in sync with Bitcoin (BTC) and as of now, Bitcoin is undecided and may yet come down for a while before rising back up. While this may be unsettling news for someone who checks their balance in dollar amounts by the minute, it is a golden opportunity for those who want to accumulate their favorite coins before the next bull run.

Some analysts fear that a 2014 style meltdown is likely but given the recent turn of events and the peaking institutional interest in the market, it seems highly unlikely. What seems more probable is that big financial institutions are already accumulating by shaking out weak hands systemically to fill their war chests before the next bull run. Now, of course that bull run will be fueled by mainstream investors who will then buy coins from these financial institutions at premium prices. It is pertinent to note here that projects with exceptional potential like Stellar (XLM) will likely be accumulated with more vigor by these financial institutions who are already experts at picking solid investments. Once they have filled their pockets, they will market those products to their customers and sell the coins to them in the form of a plethora of financial products.

Stellar Chart With Values

Needless to say, this will drive the demand up astronomically and what will be different this time is that the same institutions like Goldman Sachs and JP Morgan who were calling Bitcoin (BTC) and cryptocurrencies a scam are going to be the ones promoting it to their customers. As such, it will be in their interest to run to the defense of cryptocurrencies in case any trouble does arise with government agencies. This means that these big institutions will use their influence to propel cryptocurrencies in general and stellar projects like Stellar (XLM) in particular to new highs. With their weight behind such coins, even traditional investors who were skeptical of cryptocurrencies will start investing. Once this happens, the price will continue to skyrocket. Recently, the market is showing signs of uncertainty and confusion but it all appears to be an elaborate scheme to wipe out the small guys so institutions with deep pockets can stock up and profit most off the next bull run.

The price of XLM/BTC has currently settled above the trend line and is poised for big gains having completed an extensive correction. In the grand scheme of things, Stellar (XLM) has a lot of potential which is why smart money is busy accumulating. The price appears to be very bullish mid to long term on the weekly chart for XLM/BTC. Stellar Lumens (XLM) currently presents a good accumulation opportunity in addition to offering the lowest risk/reward setup among all cryptocurrencies.

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