Over the last few weeks, the prices of cryptocurrencies have had erratic movements as they follow Bitcoin’s lead surging from $7700 to $8700 within a 2 week period. Short and mid-term investors took full advantage of the situation making quick profits from the market. Stellar Lumens price prediction also did well these past few weeks but it has the potential to better subsequently.
According to the Stellar Lumens price prediction on Today’s Gazette, the price of Stellar Lumens XLM is facing bearish pressure short-term. This bearish trendline originated on the 15th of May and it has remained present since then preventing higher highs.
The price of Stellar Lumens reached a monthly high of $0.161 and has maintained a downward trajectory since then. It found strong support around $0.188 and will most likely move as high as $0.145 by the end of the month. One of the reasons why the price of Stellar has been unable to retest its monthly high is that the daily volumes have been relatively low for some time. Since the first week of May, the XLM trading volume is down by 15%.
Stellar Lumens Price Prediction 2019
At the time of writing, the price of Stellar Lumens XLM was $0.132954. Before the end of this current quarter, the price of Stellar Lumens should be as high as $0.158. There will be hurdles along the way in the last quarter of 2019. Depending on the price action of Bitcoin, Stellar will either keep rising or it will correct lower.
Stellar (XLM) Price Today – XLM / USD
The Stellar Lumens price prediction 2025 places the price of Stellar Lumens XLM around the $45 level if positive developments continue.
If you want to get profit from Stellar, this may be a good time to buy. You can also wait for the price to fall a little lower before you buy the dip. The price of Stellar Lumens will record double-digit gains near-term. Long-term, the profits will be more significant. All the technical indicators are bullish. They prove that the price of Stellar is primed for a bull run.
Stellar Lumens News Today – Stellar Partnerships Will Boost XLM Price
Before you make a cryptocurrency investment, you need to be sure that the token is going to bring returns mid, and long-term. Since the cryptocurrency market is still highly volatile, it may be difficult for you to invest in cryptocurrencies other than Bitcoin, the flagship token.
The truth is that there are many altcoins including Stellar Lumens XLM, that are primed to blow up eventually in an inevitable bull run. According to our previous Stellar Lumens news, the Stellar network has gained a lot of traction recently thanks to the Stellar Lumens airdrop and other promotions by the Stellar Development Foundation. Interest in the long-term price prediction of Stellar like the Stellar Lumens price prediction 2020 and the Stellar Lumens price prediction 2025 have increased significantly.
Stellar (XLM) has been making many recent moves in the market in order to get attention from the new potential users. Time and again, this has been proved to be profitable for any crypto coin. After partnering with Wevest Digital AG, a Berlin-based fintech company, Stellar has gone live on two major exchanges. These exchanges are, namely Coinsquare and CoinDeal exchanges. The listing on these above exchanges will help the coin to make a reach widely. Another payment platform of the U.K. has also introduced stable coins on the Stellar platform. These developments will work as wonders for Stellar. Cryptonewsz predicts the value of each XLM coin to reach as high as 1.2 USD by the end of 2019
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