In a recent tweet on December 10, 2023, Egrag Crypto provided an update on the potential trajectory of Stellar (XLM) cryptocurrency, suggesting an imminent bullish surge with an ultimate target of 0.25c. The tweet encourages followers to refer to a previous post from November 8, 2023, for a clearer perspective.
The analysis anticipates a bullish surge for XLM, with expectations between 0.23c and 0.25c. This aligns with key Fibonacci levels, specifically the Fib 0.5 and Fib Circle 1.618. The post also hints at a predicted retracement between February and May 2024, followed by an exciting prospect of XLM soaring to $3, a seemingly inevitable milestone.
In a tweet dated November 8, 2023, Egrag Crypto expressed the importance of XLM reclaiming its position inside the White Channel for a bright future. At that time, XLM was positioned between the Fib 0.236 and Fib Circle 1.414 levels, highlighting a critical juncture for the cryptocurrency.
Subsequently, the tweet emphasized the significance of XLM’s position within the White Channel, indicating that its journey ahead may not shine as bright without reclaiming this space. The cryptocurrency’s current location between the Fib 0.236 and Fib Circle 1.414 levels underscores the delicate nature of its current standing. Moreover, at the time of writing, XLM’s price is quoted at $0.127, reflecting a 6.78% decrease over the last 24 hours.
The tweet predicted a retracement period between February and May 2024. However, the post promises excitement beyond this phase, with XLM poised to reach $3. This bold prediction suggests a substantial increase in value, making XLM an attractive investment prospect for enthusiasts. The use of terms like “bullish surge,” “ultimate target,” and “inevitable” adds a sense of anticipation and certainty to the predictions.
Egrag Crypto’s latest tweet provides an optimistic outlook for Stellar (XLM), suggesting a potential bullish surge in the short term and a significant price increase to $3 in the coming months. The post combines technical analysis, Fibonacci levels, and a touch of playful language to convey a positive sentiment regarding XLM’s future performance in the cryptocurrency market.
