No doubt, the last two weeks have been awesome for the cryptocurrency community. There has been a lot of jubilation as well as gloating on social media thanks to the ongoing cryptocurrency bull run. Stellar hasn’t been left out. In our Stellar Lumens news yesterday, we noted that Stellar has broken even for the year and is now surging against the USD and Bitcoin. Yesterday, the market went through a brief downside correction which was necessary for the bull run to continue. Even today, as another price correction took place, Stellar outperformed Bitcoin and all the other cryptocurrencies on the top 20 list. Why is the Stellar Lumens price rising? How will this surge in price affect the Stellar Lumens price prediction 2025 or even 2019? How high will the price of XLM go and when is the best time to take your profit?
Stellar Lumens News Today – Stellar Lumens Price Analysis – XLM/USD – XLM Price Prediction – Best Time To Take Your Profit
Most people who trade cryptocurrencies do it to make a profit. This fact can’t be disputed. While some are looking for short trades that will allow them to invest and get the RIO within a few days or a week, others, the more patient traders, are willing to buy and hold for months and even years before taking their profits. In fact, cashing out profits is one of the things that contribute to price corrections during a cryptocurrency bull run. So, if you’re among those who invested in Stellar Lumens XLM, you may be wondering when the best time to cash out your profits will be.
Over the last 24 hours, the price of Stellar Lumens XLM is up by more than 30%. It is recording the highest gains among the top tokens within the said period. The largest altcoin in the space, Ethereum is up by 18% and it is followed by Litecoin LTC which is up by 14%. According to a Stellar price analysis on Null TX, the main reason why the price of Stellar is rising is that a lot of institutional money was recently pumped into the project. You can’t beat institutional money.
Stellar (XLM) Price Today – XLM / USD
Now, to the main issue. When is the best time to sell and take your profit? Right now, Stellar is surging while Bitcoin is correcting lower. So, there is a high chance that the price of Stellar Lumens will start correcting lower soon. Ideally, if you took short positions, make sure you monitor the price of Bitcoin to see when it starts surging again and compare it to the price of Stellar before taking your profit. As for traders who took long positions, our Stellar Lumens price prediction 2025 places the price of XLM above $10. So, if you’re patient enough, you’ll benefit more in the next few years.
Stellar Lumens Price Prediction – XLM Price Prediction – Stellar Lumens Current Price
At the time of writing, the price of Stellar Lumens was $0.133663. This means that it is up by 11.13% against the USD and up by 12.96% against the price of BTC. The trading volume over a 24 hour period is $831,523,382 and the market capitalization is $2,564,367,348.
What do you think about the Stellar Lumens price prediction 2025 and current price action of Stellar Lumens in our Stellar Lumens news today? Share your thoughts in the comment section below.