XLM: A Cryptocurrency in search of a bullish trend
Zaktualizowano
The Stellar Lumen XLM is a very intriguing cryptocurrency. Last week, it announced a collaboration with flutterwave. In the last few weeks, it appears to be waking up; it is not currently in the limelight, but it is quickly approaching the resistance level at 0.40, which might lead to an upside breakout.
In my opinion, it has limitless potential owing to its high speed and low cost. XLM's price is significantly lower than that of other options with a much higher market capitalization.
XLM certainly suffered market jitters after the SEC's intervention on Ripple, but its fate is quite different.
XLM is a non-profit organization that has important partners such as IBM and will be utilized to facilitate micro payments between Europe and Africa at very low rates. That's why Flutterwave was chosen.
Flutterwave is a Bay Area-based fintech firm that develops a payment system for multinational businesses and payments providers on the continent. The headquarters are in San Francisco, California, with offices in Nigeria, Kenya, Ghana, South Africa, and Seven More African Nations among other nations.
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You understand that by reading any and all information on or through this post, you are doing so at your own risk.
The trading of cryptocurrencies, Tokens and NFTs has potential rewards, and it also has potential risks involved. Trading may not be suitable for all people. Anyone wishing to invest should seek his or her own independent financial or professional advice.
In my opinion, it has limitless potential owing to its high speed and low cost. XLM's price is significantly lower than that of other options with a much higher market capitalization.
XLM certainly suffered market jitters after the SEC's intervention on Ripple, but its fate is quite different.
XLM is a non-profit organization that has important partners such as IBM and will be utilized to facilitate micro payments between Europe and Africa at very low rates. That's why Flutterwave was chosen.
Flutterwave is a Bay Area-based fintech firm that develops a payment system for multinational businesses and payments providers on the continent. The headquarters are in San Francisco, California, with offices in Nigeria, Kenya, Ghana, South Africa, and Seven More African Nations among other nations.
Disclaimer
NO FINANCIAL ADVICE – The information on this website is for educational, informative, and entertainment purposes only. No express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for a particular purpose, is given with the Information.
This article is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other form of advice.
This post's information is general in nature and isn't meant for you or anybody else. You should not rely on any of the material found on this post to make a financial, investment, trading, or other decision without first doing your own due diligence and consulting with a professional broker or financial advisor.
You understand that by reading any and all information on or through this post, you are doing so at your own risk.
The trading of cryptocurrencies, Tokens and NFTs has potential rewards, and it also has potential risks involved. Trading may not be suitable for all people. Anyone wishing to invest should seek his or her own independent financial or professional advice.
Uwaga
Stellar Lumen XLM broke through and bounced off the 0.40 resistance level I had indicated yesterday.The Crypto is showing extreme strength on a fairly weak day in the crypto world. There has been a lot of profit-takings this week, but XLM had not yet benefited from the general bull-run and was stuck.
LukkVal
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