Stellar (XLM) has seen increased corporate interest over the past few months. A research report by Fundstrat shows that corporate investors believe Stellar (XLM) is a promising project. Despite the surprise of many, Ripple (XRP) was not mentioned. This shows that institutional investors prefer to use Stellar (XLM) over Ripple (XRP). However, the majority of retail investors still prefer Ripple (XRP) over Stellar (XLM) like Twitter surveys. However, we have seen that this market should not last long. The above monthly chart for XLM / USD has the potential to change this sensitivity in favor of Stellar (XLM).
Just before the previous rally, Stellar (XLM) had a correction in a descending triangle. The same is true at this time. The difference is that the descending triangle is less steep. If we take Halven’s influence, it is likely that similar triangles will continue to be less steep in the future. However, subsequent rales will continue to be and the price will increase. During the correction, it is important to note that the XLM / USD remains above the 21 Month EMA. As long as the price remains above this line, there is no reason to worry. The monthly trend is still very high. Looking at the big picture, this new trend trend seems to be a minor fix. If Stellar (XLM) pulls a rally as before, the XLM / USD puts a lot above the $ 1 mark.
Graphics for XLM / BTC (1W)
Investors in the long distance prefer Stellar (XLM) ‘s Ripple (XRP)’ s expectations. Since Ripple (XRP) is just a short-term solution, this seems pretty obvious. The crypto revolution not only spoiled the foreign markets, it also broke itself. This was a must because we started with central exchanges. Now, the move towards decentralized exchanges is clear. John McAfee, a great supporter of decentralized exchanges, recently claims that we will only have decentralized exchanges. This makes sense when considering the problems in the central stock exchanges. However, before this happens, it will have the days of existing centralized power plants such as Binance and Bitfinex.
The same scenario applies to Ripple (XRP) and Stellar (XLM). Ripple (XRP) is like a central change, which is a quick and ready solution for our current problems. Stellar (XLM) is a better solution in the long run, but it will take its time. Stellar (XLM) has come a long way towards both Bitcoin (BTC) and the US Dollar (USD). The Stellar (XLM), which completes the correction, will now have a major break. Stellar (XLM) is the first eleven crypto currency, but still largely underestimated. The distributed StellarX centered at the Stellar (XLM) is currently occurring and is widely recognized. It is clear that the team behind Stellar (XLM) really understands the speed at which this market is developing. Thus, they are moving two steps forward from Ripple (XRP), which addresses the problems that are not yet on the surface.