Stellar (XLM) Price Prediction: You Won’t Believe What’s Happening!

by

So, the market is back in the green zone. CoinStats says so, and who are we to argue with CoinStats? 🤷‍♂️

XLM/USD

Stellar (XLM) has decided to rise by a whopping 3% in the last 24 hours. Wow, hold the phone! 📈

Now, on the hourly chart, XLM is breaking through the local resistance of $0.2375. If the bulls can keep it above that, we might just see it hit $0.2450 tomorrow. Or, you know, it could just as easily plummet. Who knows? 🤔

Looking at the bigger picture, XLM is rising after a false breakout of the support at $0.2231. If the daily bar closes far from that mark and without a long wick—because who likes long wicks, right?—we might just test the $0.25 area soon. Or not. It’s a real nail-biter! 😅

From a midterm perspective, things look similar. But let’s be real, traders aren’t going to see a quick reversal anytime soon. Not enough energy has been built up. It’s like waiting for a bus that never comes. 🚍

If the bar closes around current prices, expect some sideways trading in the $0.23-$0.25 range. Exciting stuff, huh? 😏

As of now, XLM is trading at $0.2349. So, there you have it. Buckle up! 🎢

Read More

2025-04-08 17:59