Stellar Price Could Target $0.33 In Next Move — Time To Buy?

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Stellar Price Could Target $0.33 In Next Move — Time To Buy? - NewsBTC

Quick Summary:

Related Reading: Bitcoin Price Forecast: LTF Head And Shoulders Pattern Predicts Crash – Here’s The Target The reasoning behind this bullish projection is the formation of a descending triangle pattern on the 1-hour timeframe of the Stellar price chart.

For context, the price target for the descending triangle pattern is calculated by adding the vertical height between the sloping and horizontal trendlines.A move toward $0.33 could be exactly what the price of Stellar needs to kickstart a fresh bull rally.

If the Stellar price does break out of the descending triangle pattern, Martinez expects the altcoin to move up by at least 20%, placing the target at around $0.33.