Stellar Price At Critical Level, Will XLM Break Above The Resistance Or Fall Below The Support?

stellar lumens

In our previous XLM price prediction, we noted that the price of Stellar is looking for a bottom. After it finds that bottom, Stellar Lumens price prediction 2019, Stellar Lumens price prediction 2020 all the way to Stellar Lumens price prediction 2025 is going to be bullish. Even the short-term Stellar price prediction would be in favor of the bulls. However, from the current price of Stellar, it is obvious that the cryptocurrency is having difficulty surging against the USD. Yesterday, the price of XLM was at a crossroad and was facing either a break above the key resistance or fall below the key support. What is our Stellar Lumens price prediction in the Stellar Lumens news today? Will the price of Stellar fall or rise against the USD?

XLM Price Prediction 2019 – Stellar Lumens Price Prediction 2025 – Will Stellar Rise or Fall Against The USD?

There has been a lot of positive Stellar Lumens news recently and positive cryptocurrency news. However, by the end of trading yesterday, Stellar Lumens price was down by 4%. It had resistances at $0.12, $0.14, and $0.16 while it was supported at $0.09, $0.08, and $0.07. On the 7th of April, the price of Stellar Lumens XLM was bullish against the USD. It successfully moved above $0.14. Since then, Stellar has been unable to retest this level as the bulls lost momentum.

The bears took control of the market forming a bearish reversal candle and forced the price of Stellar to move lower against the USD. In fact, at one point on the 25th of April, the price moved as low as $0.09 against the USD before it started recovering higher. The 12 and 24 day EMAs were interlocked and the price of XLM was steady below the 21 and 50 day EMA. The relative strength index is below the 45 level which shows that the bears are in control of the market but a price consolidation is on the way. The good thing is that instead of falling to the $0.08 level, the bulls were able to gather enough momentum to rise above $0.09.

XLM Lumens Price Prediction – Stellar Lumens News Today – Stellar Lumens Price Prediction 2025 – Current Price Stellar

At the time of writing, XLM price was $0.102499. This means that it is up by 0.95% against the USD and down by 4.95% against the price of Bitcoin. The trading volume over a 24 hour period is $261,053,458 and the market capitalization is $1,958,168,041. Mid-term, the XLM price prediction is bearish. Long-term, Stellar has the fundamentals and technicals to surge against the USD.

Stellar (XLM) Price Today – XLM / USD

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The Stellar Lumens price prediction 2025 places the price of Stellar Lumens extremely bullish against the USD. By the end of the year, the price of Stellar may be as high as $2 and by the end of 2020, analysts have forecasted that Stellar will move even higher to the $10 level. The Stellar Lumens price prediction 2025 places the price of Stellar as high as $45.

What do you think about the Stellar Lumens news today? Will the $45 Stellar Lumens price prediction 2025 happen? Will the price of Stellar move higher short-term? Share your thoughts in the comment section.

Ufuoma Ogono is a cryptocurrency writer with over 3 years experience in the cryptocurrency industry. She dedicates her time to sharing valuable information to members of the cryptocurrency community.


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