Technical analysis by CryptoMitchX about Symbol XLM: Buy recommendation (12/13/2024)

[center] [size=18]XLM: Potential Returns from the Third Bullish Weekly Cross [/size] [/center] Historical Analysis of XLM's Bullish Weekly Crosses: After the first bullish weekly cross in April 2017, XLM surged +32,700% from $0.0027 to $0.98. 🚀 After the second bullish weekly cross, XLM rallied +825% . 📈 Now, with the third bullish weekly cross at $0.115: +825% = $1 +10,000% = $10 +32,700% = $39 Why achieving +32,700% is harder now: When XLM was $0.0027, its market cap was small, making massive returns easier. At $0.115, a 32,700% rally would require XLM’s market cap to grow to ~$1.06 trillion—a monumental task requiring unprecedented capital inflow. Key Takeaway: While massive gains are possible, the economy of scale means percentage returns diminish as prices and market caps grow.