In the past 6 months I´d been studying crypo to jump in the market. I´m a longtime trader of stocks and options, over 10yrs, but crypo it´s an entire new ecosystem and should keep evolving, growing and it seems a correct moment to jump in steadly now, after this correction seems over. I think it will resume falling in the next days and maybe BTC will find support on USD 8/7k area which will ultimatelly provoke supports for altcoins likewise...
I was firstly considering Ripple, but my study in XPR devired to Stellar. After all my reading, I think the current discount of XLM to XPR should not be that large as it is, not to say they should at least be close in MKT Cap terms.
I will buy Stellar and hold it for long. Impossible to say where the price support should found ground, if USD 0,30 will hold or should it slide to 0,20/0,15. I really see this baby at least reaching 1,00 again, and if it succeed to broke this up, should move like Ripple and achieve 3,00 quickly.
Usually penny stocks has a relationship between some numbers, like 1, 3 and 5 as primary targets when it begins ( those are prime numbers, have also some relation with fibo sequence). I think the development of a price building for crypo should follow such pattern.
All in for XLM!
I would want to see the price go up but it seems like they like to play too much with their airdrops. They should stop doing that.
Airdrops have made the user base adoption wider - which is something which increases value for a coin. In fact, I am surprised that Stellar is keeping these levels of price even in these turbulent times where BTC and most other alts are struggling. This is an impressive symptom of strength.