- XLM is currently trading at $ 0.081 after defending critical support.
- XLM bulls are trying to create a bounce on the daily chart.
Stellar is still growing more than 200% since the March 12 crash, but has lost a significant share of its market capitalization over the past month from a high of $ 2.43 billion to its current low of $ 1.68 billion.
XLM has drawn a clear parallel channel on the daily chart. The bottom trendline has been defending for seven consecutive days this month. After a massive 15.6% collapse on September 3, the RSI was over-expanded and the price touched the lower trendline. Bulls jumped quickly and bought at the bottom, pushing XLM above the daily 200-MA.
The open source network is now just above the 200-MA and is experiencing a significant decline in trading volume. The first time the XLM price touched the lower trend line on March 12. A few months later, the digital asset rebounded 175%. Likewise, on June 27, after the price again approached the lower trendline, the price bounced 105%, setting a new 2020 high at $ 0.1149.
Given that the bulls have defended the lower trendline again, we may see another 100% rebound towards $ 0.16 over the next two months.
We know the XLM rebound is real because the 4-hour chart favors the bulls that created the uptrend. After setting several higher lows, the XLM price has rejected from $ 0.082, the next most important resistance level. The 50-MA also acts as a strong point of resistance.
If the deviation is greater, the XLM price could drop to the latest low at $ 0.074 before another upside move occurs.
Stellar Lumens Price Prediction: XLM Aims To Double In Price After Support Protected
According to technical analysis of XLM/USDT on Binance in 4 hour chart, Stellar Lumens is still bullish at this point. The three very famously used technical indicators i.e EMA (50,200) made a golden cross below the price of 0.2 in early January, MACD and RSI are also indicating strong bullish sentiment till now.
Will XLM reach $1 mark in 2021? Stellar Lumens Crypto Price Prediction 2021
Historical index for the Stellar Lumens price prediction: A+ “Should I invest in Stellar Lumens CryptoCurrency?” “Should I buy XLM today?” According to our Forecast System, XLM is an outstanding long-term (1-year) investment*. Stellar Lumens predictions are updated every 3 minutes with latest prices by smart technical analysis.
At Citytelegraph.com we predict future values with technical analysis for wide selection of digital coins like Stellar Lumens. If you are looking for virtual currencies with good return, XLM can be a profitable investment option. Stellar Lumens price equal to 0.410 USD at 2021-02-24. If you buy Stellar Lumens for 100 dollars today, you will get a total of 243.735 XLM. Based on our forecasts, a long-term increase is expected, the price prognosis for 2026-02-21 is 1.020 US Dollars. With a 5-year investment, the revenue is expected to be around +148.81%. Your current $100 investment may be up to $248.81 in 2026.
Stellar Lumens (XLM) Price Forecast: Pivot, Resistance and Support Levels for day trading
Calculation For Trading:
Resistance Level (R3): 0.592
Resistance Level (R2): 0.527
Resistance Level (R1): 0.457
Pivot Point: 0.392
Support Level (S1): 0.322
Support Level (S2): 0.257
Support Level (S3): 0.187
Questions & Answers about Stellar Lumens Projection
What is the Stellar Lumens price today?
The current price of Stellar Lumens is 0.410 USD today.
Will Stellar Lumens price grow / rise / go up?
Yes. The Stellar Lumens price can go up from 0.410 USD to 0.586 USD in one year.
Is it profitable to invest in Stellar Lumens?
Yes. The long-term earning potential is +42.88% in one year.
Will Stellar Lumens price fall / drop?
What will Stellar Lumens be worth in five years (2026)?
The Stellar Lumens (XLM ) future price will be 1.020 USD.
Will Stellar Lumens replace / surpass / overtake Bitcoin?
According to our predictions, this won’t happen in near future.
Will Stellar Lumens crash?
According to our analysis, this will not happen.
Will Stellar Lumens hit 1 USD in a year?
Not within a year.
Will Stellar Lumens hit 5 USD in a year?
Not within a year.
Will Stellar Lumens hit 10 USD in a year?
Not within a year.
Stellar Lumens (XLM) Cryptocurrency Market info
Recommendations: Buy or sell Stellar Lumens? Cryptocurrency Market & Coin Exchange report, prediction for the future: You’ll find the Stellar Lumens Price prediction below. According to present data Stellar Lumens (XLM) and potentially its market environment has been in a bullish cycle in the last 12 months (if exists). Our Ai cryptocurrency analyst implies that there will be a positive trend in the future and the XLM might be good for investing for making money. Since this virtual currency has a positive outlook we recommend it as a part in your portfolio. Trading in bull markets is always easier so you might want to favor these currencies under the given circumstances, but always read up on optimal investment strategies if you are new to investing.