Is Stellar the Next XRP? XLM Price Prediction and 10x Rally Potential

Stellar (XLM): Untapped Potential with Bullish Outlook

YouTuber DustyBc Crypto News has highlighted Stellar's (XLM) recent performance and its promising future. The analyst draws parallels between Stellar and XRP, suggesting that XLM has significant untapped potential.

Stellar's Recent Price Recovery

Over the past week, Stellar has surged by 20%, recovering from lows of around $0.32 to approximately $0.50. Similar to XRP's trajectory, XLM has shown a steady recovery from below $0.10 over the past year. However, XLM currently trades below its peak from 2017-2018, while XRP has reached highs not seen in over seven years.

Similarities to XRP and Undervalued Status

Some investors view Stellar as a refined version of XRP due to their shared origins. DustyBc Crypto News remarks that "XLM does much of what XRP does but with fewer flaws."

The analyst notes that XLM has not yet overcome key resistance levels from previous bull markets. Compared to its historical performance in Bitcoin terms, XLM appears undervalued. The analyst projects a potential 10x return to reach its prior highs.

Bullish Forecasts and Growth Potential

A conservative projection places XLM's price at $2 during this cycle, with a bullish scenario targeting $5 or more. DustyBc Crypto News emphasizes that "at 460 Satoshis per coin, XLM still holds massive growth potential."

The analyst speculates that behind-the-scenes advancements, similar to Ripple's progress, could benefit Stellar. Following XRP's bullish trajectory, DustyBc expresses confidence that XLM will soon follow suit.

Market Sentiment and Adoption

Growing adoption of cryptocurrencies and possible developments in the U.S. could further support XLM's growth. The analyst suggests that XLM is lagging behind other major assets, presenting a compelling investment opportunity.

Trading Strategies and Conclusion

DustyBc shares his trading strategy, revealing a leveraged $1,000 position that yielded a 50% profit. Encouraging long-term investors to consider XLM, he advises that "every dip is a juicy buying opportunity if you wait long enough."

With Stellar's potential for growth, analysts predict it could soon surpass recent highs and potentially achieve multi-dollar valuations in the months ahead.