Stellar Forecast – ATTENTION! Another price loss of 30% in sight!

This question can be answered fundamentally as well as technically. Stellar Lumens has been around since 2014 and pretty much all cryptocurrencies that had their hype in 2017 have lost relevance in the crypto market as there are some better projects with better technology. This is the fundamental reason. Technically, Stellar price broke a trendline that has served as support since the bull run. As this was broken, the price started a downtrend. This downtrend could result in even lower prices than before. Last week was almost guaranteed not to hit the bottom.

As Stellar price recently broke the $0.144 support, we now anticipate the price to target the next support. This is located at around $0.0864, which is why a price drop of another 30% is absolutely realistic. We could also envision Stellar price going down to around $0.0571 in the next few months, although not in the short term. This is where the low of the last bear market is located.

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