Stellar Lumens Technical Analysis – Stellar (XLM) News Today

Although the crypto-money market as a whole has seen a strong buying interest, Stellar Lumens [XLM] also achieved good gains.

The mine may not have risen to new milestones, but it manages to keep the trend down. In the last seven days, the value of virtual assets has risen to 5.5. percent.

XLM/USD

The coin broke a key support level at $ 0.225, then found support at $ 0.224 to move up again. The crypto rose to $ 0.234 and the winner could continue his run.

In writing, the 100 EMA lines showed that virtual money was on the rise. The MACD showed that the digital presence is trading in the ascending region.

The coin showed a significant trading range of 0.223- $ 0.235. At 2350 GMT, the XLM rose by 3.2 percent to US $ 0.229 against the US dollar.

XLM/BTC

The digital currency, at the time of writing, had edged 1.2 percent higher against BTC. Currently, one XLM is equivalent to around 0.000032 BTC.

Name Price24H (%)
Bitcoin (BTC)
$10,621.00
-0.15%
Stellar (XLM)
$0.092537
-0.41%

Stellar Lumens (XLM) Price Prediction 2018 – 2020

  • ⦁ According to Monetize.info, the coin’s price could reach $2-$3 this year. The Economy Forecast Agency, which has a more conservative forecast, has predicted that the digital currency will drop to $0.15 this year.
  • ⦁ Investing Haven has forecast that the crypto could trade at $4 this year, as long as there aren’t any major security flaws and the overall sector preforms well.

Stellar Lumens (XLM) Latest Updates

  • ⦁ Tempo Money Transfer is currently reaping the benefits of the blockchain in their transfer system, after deciding to use the services of Stellar over Ripple. Anthony Barker, the company’s Chief Technology Officer said in a recent interview that Stellar’s open design made it a “natural fit” for the company.

⦁ Stellar and IBM have been working closely for a breakthrough in the payments technology. IBM recently launched a new project on the Stellar protocol named IBM Blockchain World Wire. The project can simultaneously clear and settle cross-border payments in near real-time.

Disclaimer: The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.