Stellar Price Prediction 2023: Tradecurve Sees Massive Inflows To Blow Rivals Out Of The Water

7 July 2023

in XLM

Reading Time: 4 mins read

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The cryptocurrency market has experienced a turbulent period, with several cryptocurrencies witnessing up-and-down movements. While investors are monitoring Stellar’s price movements, Tradecurve, a new trading platform has seen massive inflows in its presale stage selling million tokens.

Over the last two weeks, the price of Stellar (XLM) has jumped by 32% to trade at $0.1036
After outperforming previous predictions, analysts have adjusted Stellar’s expected maximum price to $0.15 in 2023.
Like XLM, the price of Tradecurve has been bullish, gaining 80% amidst a surge of liquidity in the hybrid exchange

Stellar (XLM) Price Prediction 2023

Stellar is a decentralized peer-to-peer (P2P) network that facilitates global financial connectivity by bridging financial institutions and payment providers. The network operates through its native token, XLM. In recent weeks, Stellar (XLM) has demonstrated strong performance, exhibiting notable gains despite market fluctuations. Over the past 14 days, XLM has witnessed a significant price increase of 32.8%, with a 17.6% surge in value within the last seven days. However, bears have entered the market today.

As of press time, Stellar (XLM) is trading at $0.10362, a slight decline of 1.09% in the past 24 hours. Additionally, XLM is currently trading above its 50-day ($0.087541) and 200-day SMA ($0.088617) on the TradingView daily chart. With an RSI value of 76.37, the XLM market is considered to be in an overbought position, implying a potential price increase.

One of the driving factors behind this bullish momentum is Stellar’s multitude of partnerships. Notably, Stellar recently joined forces with MoonPay, a prominent crypto payments infrastructure company, as well as Moneygram. Furthermore, Coinbase integrated the USD Coin stablecoin into the Stellar network, further solidifying its position. According to technical analysis, Stellar was predicted to have a maximum price of $0.102 in 2023, which has now been adjusted to $0.15.

Tradecurve Sees Massive Liquidity Inflow

Tradecurve is a cutting-edge hybrid trading platform that wants to transform the user experience by providing a single account where investors can trade all derivatives.

This platform has captured significant attention from the crypto community because it will bridge the derivatives market, which has massive liquidity, to crypto.

The Bank for International Settlement in June 2022 reported that the over-the-counter derivative market has a valuation of over $632 trillion, making it one of the most liquid markets in the world.

Crypto market experts have projected that Tradecurve’s ties to the OTC derivatives market could make it one of the most liquid projects in crypto. This is a significant milestone and has helped boost investors’ confidence and interest in Tradecurve.

The platform is also now towards raising $20 million that will be used to expand the platform making it a formidable competitor to established platforms like Coinbase and Binance.

Tradecurve is already on track to hit its target, raising over $2.8 million in the last few weeks. Early investors have the opportunity to acquire TCRV tokens, the platform’s native token, at a favorable price of just $0.018 (a huge 80% increase), along with a 50% deposit bonus.

To find more information about Tradecurve and the TCRV token, visit the links below:

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