XLM Gears for Pump of Over 54% as Analyst Highlights $0.7 Stellar Lumens Price Surge Soon

• Bitcoin continues its sideways recovery movement as dominance holds steady.
• Ethereum and other altcoins show promising pump indicators.
• Stellar Lumens (XLM) could surge quickly in a short time.

The crypto seems to be having a decent start to the New Year as Bitcoin (BTC) the pioneer cryptocurrency shows steady signs of recovery hinting at reaching its previous ATH. Prominent analysts debate over another possible fall before the major pump towards new ATHs for BTC prices in the coming months ahead.

Bitcoin Dominance or Altcoin Dominance?

While some analysts expects BTC price to fall to the $85,000 price range before pumping up to hit its previous ATH target of $108,000 before surging to hit new ATH targets, other expects a direct recovery that will surpass the previous ATH price to set new bullish ATHs between $113,000 to $235,000 in the coming months.

Similar bullish sentiment is clear for the altcoin market as well. Despite Bitcoin’s slow movement, the Crypto Fear & Greed Index points at a score of 74 pointing at a ‘Greed’ sentiment. This bodes well for traders as they see this as an opportunity to accumulate before the sentiment swivels to the ‘Extreme Greed’ range.

Stellar Lumens (XLM) Prepares for Major Price Surge

So far, multiple altcoins have already pumped significantly, bringing remarkable gains to multiple traders in the industry. Meanwhile, the same altcoins alongside many others hint at more significant gains to come in the days ahead. One such altcoin is Stellar Lumens (XLM), an asset that has already pumped but indicated further gain in the works.

$XLM (Stellar) breaks out with QUICKNESS and MAJOR STRENGTH and with this break, can be headed into the $0.70s in another +54% move from here! https://t.co/rFKusWINFz pic.twitter.com/jkGY6Y8eOn

— JAVON⚡️MARKS (@JavonTM1) January 3, 2025

As we can see from the post above, the price of XLM has broken out with major strength and heightened speed. Such a break indicates incredibly high pumps for XLM price. The analyst goes on to say that a pump of over 54% is likely for XLM price with the asset hitting the $0.7 target sooner than expected.

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