Stellar Lumens price prediction shows that XLM is attempting to break out of the upper boundary of the channel.
Stellar Lumens Forecast Statistics:
Current Stellar Price – $0.101
Stellar Market Cap – $3 billion
Stellar Circulating Supply – 26.93 billion
Stellar Total Supply – 50 billion
Stellar Coinmarketcap Ranking – #27
XLM/USD Market
Key Levels:
Resistance Levels: $0.120, $0.125, $0.130
Support Levels: $0.080, $0.075, $0.070
XLMUSD – Daily Chart
XLM/USD
Today, the XLM/USD pair reached $0.102, and the coin continues to move along the bullish trend within the channel. However, Stellar will have to break through the upper border of the channel to resist the downward pressure, while the closest support is at $0.090, which could be a daily low.
Stellar Lumens Price Prediction: Stellar Lumens May Reach Highs of $0.110
Currently, there is a possibility that Stellar Lumens price will gain additional gains. However, any further bullish move above the upper boundary of the channel could push the coin price towards the $0.120, $0.125, and $0.130 resistance levels. From the downside, if the market drops through the 9-day and 21-day moving averages, it will halt the initial uptrend and create bearish momentum that focuses on taking the market to the corresponding support levels of $0.080, $0.075, and $0.070, respectively.
Currently, the technical indicator Relative Strength Index (14) has crossed the overbought zone, which suggests that the market may continue to rise. Looking at the daily chart, the 9-day moving average is still above the 21-day moving average, which may allow buyers to focus on pushing the market northward.
Compared to Bitcoin, Stellar is hovering above the 9-day and 21-day moving averages and the coin is trying to break out of the upper boundary of the channel. Meanwhile, based on the recent positive signs, the XLM price could decline slightly if the sellers re-enter the market.
XLMBTC – Daily Chart
In this case, if the bears succeed in breaking below the moving averages, the market price may reach the support level of 270 SAT and below. However, any further bullish move above the upper boundary of the channel may reach the resistance level of 370 SAT and above, at which point the technical indicator Relative Strength Index (14) may break above the 60 level, boosting the bullish trend.
Alternatives to Stellar
The Stellar price is currently holding steady inside the channel and the significant recovery from the opening price of $0.092 suggests that buyers may have the upper hand in the price movement and they can easily push the coin price above the upper boundary of the channel.
Meanwhile, Wall Street Memes is a new meme coin that is making a splash in the crypto presale space. This eye-catching new token has generated over $10 million in revenue during its presale phase. Riding on the popularity of various financial and crypto-related memes, this new project is making an impact with a large and growing base of active fans on Twitter and other social media platforms.
learn more:
Ripple Price Prediction: XRP/USD recovers from collapse, targets $0.36 high
New OKX Listing – Wall Street Memes
Rating
Founded in the community of stock and cryptocurrency traders
Featured on Cointelegraph, CoinMarketCap, and Yahoo Finance
Rated as the best cryptocurrency purchase option in the memecoin space
The team behind the OpenSea NFT collection by Wall St Bulls
Elon Musk's reply to the tweet
Visit OKX
Join our Telegram channel to get breaking news coverage as it happens.
English 
Chinese (China) 
Chinese (Hong Kong) 