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The Stellar price prediction shows that XLM has been facing strong resistance from a long-term descending trendline since November 2024.
Stellar Prediction Data:
- Stellar price now – $0.297
- Stellar market cap – $9.09 billion
- Stellar circulating supply – 30.67 billion
- Stellar total supply – 50 billion
- Stellar Coinmarketcap ranking – #15
Getting in early on a crypto project can often lead to significant gains, and Stellar (XLM) is a prime example of this. Since its all-time low of just $0.001227 on November 18, 2014, XLM has skyrocketed by an astonishing 23,994.4%, reaching a high of $0.2989 in the last 24 hours. While it remains about 68.48% below its all-time high of $0.9381 from January 4, 2018, its long-term growth highlights the potential rewards of early adoption in the crypto space.
XLM /USD Market
Key Levels:
Resistance levels: $0.40, $0.45, $0.50
Support levels: $0.20, $0.15, $0.10
XLM/USD is testing a crucial support zone between $0.27 and $0.25, which has previously acted as both support and resistance. A significant bounce from this area could signal a bullish reversal, while a breakdown below $0.25 may lead to further downside. Meanwhile, the daily chart highlights how this level has historically influenced price action, reinforcing its importance for upcoming movements.
Stellar Price Prediction: XLM May Create Additional Supports
The XLM/USD daily chart illustrates a persistent downtrend within a descending parallel channel, with the price consistently forming lower highs and lower lows. Currently, the market price is $0.297, hovering near the lower boundary of the channel. The 9-day MA (red line) remains below the 21-day MA (green line), reinforcing the bearish sentiment. Additionally, the price is trading below both moving averages, signaling continued selling pressure. Meanwhile, the key resistance level could be located at $0.35, while major support sits at $$0.20, $0.15, and $0.10. If the price continues to struggle against the MAs and fails to establish a bullish breakout, it may test the lower support region in the coming sessions.
Massive Moonshot Alert For XLM Stellar
However, if the bulls manage to push the price above the moving averages and sustain momentum, a potential upward move toward the $0.40, $0.45, and $0.50 resistance levels could be on the horizon. Breaking out of the descending channel could signal a shift in trend, attracting more buyers into the market. Volume activity remains moderate, suggesting a lack of strong buying interest at this stage. Traders should closely monitor price action around the current level to determine whether a rebound or further decline is likely, as a breakdown below $0.20 could trigger a deeper bearish continuation.
XLM/BTC Could Face the North
The XLM/BTC daily chart is currently exhibiting a bearish trend within a descending parallel channel, as the price remains under the 9-day and 21-day moving averages. The current market price is 338 SAT, which indicates a slight bullish attempt with a +1.50% gain. However, the downward pressure persists as the price struggles to break above the moving averages. Meanwhile, the resistance level at 400 SAT is a crucial hurdle for buyers, while strong support is observed at 280 SAT. Therefore, if the price fails to gain momentum above the moving averages, it could experience another wave of selling pressure, potentially leading to a retest of the support zone.
On the other hand, if the bulls manage to reclaim ground above the 9-day and 21-day MAs, there is a possibility of a trend reversal. A successful breakout above 420 SAT would confirm bullish strength, potentially driving the price toward higher levels. However, a rejection from the current zone could keep XLM in a prolonged downtrend which may locate the support at 250 SAT and below. Traders should monitor the volume levels and potential breakout signals before making decisions, as a surge in buying activity could indicate renewed bullish momentum.
@CW8900 informed their followers on X (formerly Twitter) that $XLM is currently in the buying wall zone, which serves as a strong support level. Notably, the price has not broken the previous low during this decline, indicating potential strength. A rally in $XLM is expected to begin once it breaks the existing pattern, but resistance remains significant, with a thick selling wall up to $0.65.
$XLM is currently in the buying wall zone. The buying wall provides support.
Also, it did not break the previous low in this decline.
The rally in $XLM will start by breaking the pattern. And there is a thick selling wall up to $0.65. pic.twitter.com/hIr37C6Jye
— CW (@CW8900) February 26, 2025
Stellar Alternatives
XLM recently attempted to break out of a descending channel but failed to sustain momentum, facing resistance from both an uptrend line and a broader bearish downtrend. This indicates that bulls are struggling to regain control. Meanwhile, Best Wallet is a promising utility token with a no-KYC feature, enabling seamless swapping, staking, and spending of cryptocurrencies. Staking requires a 7-day lock-up period but offers significant rewards. With over $10.5 million raised in its presale, investor interest remains high. Additionally, Stellar (XLM) can be purchased on Best Wallet, providing users with easy access to this asset.
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