The markets are still shaky with Bitcoin (BTC) once again attempting to touch $7,000. Ethereum (ETH) might have found its footing above $400 and is currently trading at $421. Ripple (XRP) is also at the brink of passing $0.50 at the moment of writing this. Our precious Stellar (XLM) has not been left behind and is currently trading at $0.204, up 2.27% in 24 hours.
It is Stellar (XLM) that we want to focus on. And in particular, a few price predictions available on the world wide web.
The first price prediction puts XLM at $0.35 by the end of the year. This price prediction is based purely on Technical Analysis by the team at WalletInvestor.com. This is a very conservative price prediction. They go ahead and advise that if you are looking for virtual currencies with good return, XLM can be a profitable investment option.
The second price prediction was done by OracleTimes.com and puts XLM at a good $1 price very soon. Considering that XLM had touched $0.92 levels on January 3rd this year, this is a more plausible prediction since the article was written in December, 2017. This price prediction is based on the technical capabilities of the Stellar platform that has attracted numerous partnerships from IBM, SatoshiPay, EXCH.ONE, Klick Ex, Mobius and Hashcash. Of worthy mentioning, are the 9 current IBM Stellar Nodes being used for cross border payment settlements that could lead to a few global Central Banks opting for the Stellar Platform for their own National Cryptocurrencies.
A third price prediction is ambitious and puts Stellar at the $2 to $3 range by the end of the year. This is also based on the banking improvements around the globe due to Stellar. The nations that have benefited from the Stellar network are from India, Philippines, Nigeria and several African Countries. Of noteworthy mentioning, is the IBM partnership once again in this price prediction.