**Celestial (XLM) Prepares for a Possible Cost Increase, Testing XRP’s Supremacy**
*Disclaimer: The author’s opinions are entirely their own and do not represent those of U.Today. Market and economic data provided by U.Today is for informational purposes only. U.Today is not liable for any monetary losses incurred from trading cryptocurrencies. Seek advice from a financial specialist before making any investment choices. All content is believed to be correct as of the publication date, but some deals mentioned may no longer be available.*
In the realm of virtual currencies, history does not repeat itself every day, but for those watching Stellar (XLM), today could be one of those days. Often likened to XRP, this token is once again nearing a crucial technical level – its 200-day moving average – after an increase of over 8%.
Dealers and market participants know what occurred the last time XLM was in this situation. The query now is, will it occur again?
The last time was in November 2024, which was immediately followed by a not-so-minor rally: XLM soared 541% to around $0.60. Even compared to its all-time high of $0.9381 set in 2018, this is still a considerable move.
But that’s in the past. If history repeats itself even partially, things could get even more fascinating.
A breakout similar to the previous one would propel XLM into new territory – $1.80 to be exact. Even if it doesn’t reach that lofty goal, simply returning to its all-time high would still require a 240% increase from current levels. Toncoin (TON) Value Forecast for March 26th
Is it attainable? The market will determine.
Currently, XLM is on the cusp of a major event. Break above, and it could begin another strong uptrend. Fail, and there could be a pullback or consolidation. No hype, no exaggeration – just a critical moment in the market where timing is everything.
Following a staggering 173% increase against XRP in November, Stellar (XLM) has entirely relinquished those profits and even plummeted to record lows against its primary rival.
With the excitement surrounding a prospective XRP ETF intensifying and XRP exhibiting robust “alpha” performance, might XLM, as a significant “beta” asset, be preparing for a reassessment? It’s certainly a chance.
