Throughout the year, Stellar lumens has been on a rollercoaster ride. It had to switch from being bullish to being bearish along with the wider altcoin market and, sometimes, independently of the market. Things like the Stellar Coinbase airdrop, which is organized by the Stellar Development Foundation, and the Stellar Lumens Coinbase listing, as well as Stellar partnerships, have put XLM on the headlines. The Stellar Lumens price prediction on CryptoNewz suggests that irrespective of the current price action of Stellar, the next few months would be bright for XLM.
A while ago, IBM announced that it would be using the Stellar blockchain to build an internal settlement system for some of its partner banks. This project is going to give Stellar extra exposure and make more institutions inclined to use it. This, in turn, will reflect on the XLM price prediction.
Stellar Lumens XLM Price Prediction
Stellar Lumens (XLM) Price Today – XLM / USD
Before the end of the year, the price of Stellar may hit $45. By the end of next year, Stellar will have what it takes to hit $100. The Stellar price prediction 2025 places the price of Stellar as high as $500 as long as the developments continue on the blockchain. Source: Smartereum
Stellar Lumens XLM Price Analysis – Stellar Lumens News Today
The Stellar development foundation is working hard to promote the Stellar blockchain and the Stellar Lumens price prediction. Ever since the Stellar blockchain was developed in the year 2014 by Ripple’s co-founder Jed MaCaleb, Stellar has had the goal of reinventing the cross-border payment sector by making international money transfer faster and more efficient primarily for the unbanked members of society.
While Ripple has a similar vision, Stellar aims for the individuals but Ripple aims for the financial institution. The Stellar Lumens Coinbase listing has given the XLM token more visibility as we established in our previous Stellar Lumens news.
According to the latest Stellat Lumens XLM price analysis on Ambcrypto; the one-day chart for XLM showcased resistances at $0.118, $0.134, and $0.166. The supports on the chart were traced at $0.100, $0.083, and $0.074.
Bollinger Bands were moving parallelly after a squeeze earlier this month, restricting price volatility. The moving average line was above the candlesticks, predicting a bearish market.
Parabolic SAR markers had aligned below the candlesticks, indicating a bullish market.
The RSI stood at 43; almost in the middle of the band between the 30-line and 70-line. This indicated an equilibrium between buying and selling pressures.
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