Before Stellar Lumens started surging against the USD, it was on a sideways trend, losing most of its gains against the USD even as other altcoins recorded massive gains. Even at its current levels, the price of Stellar Lumens is still down significantly from its monthly high of $0.1617. Investors must have seen the decline in price as the perfect opportunity to buy and hold. Right now, the bulls are in full control of the market confirming an increased interest in XLM investment. Right now, the strongest resistance for the price of Stellar Lumens XLM is at $0.2. It is possible that Stellar Lumens will surge above $0.2 resistance near-term.
If the price of Stellar Lumens is able to surge above the $0.2 level, another surge to $0.4 will be likely but there will be resistance along the way. Stellar could hit $1 before the end of the year but this wouldn’t be without difficulty. There is still a chance that the bears will show up and drive the price down to the $0.10 level. If this happens, another bull run can lead to a 100% surge in price mid-term. Near-term, we should expect the price of XLM to retest the monthly high.
Stellar Lumens Price Prediction 2019
Stellar (XLM) Price Today – XLM / USD
In our previous Stellar Lumens news, we noted that the price of Stellar Lumens XLM will be bullish throughout the year. The Stellar Lumens price prediction 2019 places the price of XLM at $1. The Stellar Lumens price prediction 2020 places the price of Stellar Lumens at $10 while the Stellar Lumens price prediction 2025 places the price of XLM at $45 according to various sources.
According to the Stellar Lumens price prediction 2019 on Cryptopolitain.com, the price of Stellar may test the $0.2 level near-term. There is also a $1 Stellar Lumens price prediction 2020 and a $45 Stellar Lumens Price Prediction 2025 in play.
Stellar Lumens Price Analysis – XLM might soon see $0.9
When the Bitcoin bull run started, altcoins lagged behind for a while. This includes Stellar per our previous Stellar Lumens news. Irrespective of things like the Stellar Coinbase airdrop and other airdrops being sponsored by the Stellar development foundation, the price of Stellar Lumens XLM continued to stall weeks after the bull run began. However, a while ago, altcoins gathered momentum.
Over the last few days, some altcoins have been outperforming Bitcoin and this includes Stellar Lumens XLM. It seems like altcoin season has started and Stellar is one of the leading tokens.
Yesterday, Stellar (XLM) reflected a 3% intraday increase in the price. The charts are indicating that XLM would be soon fighting to go up crossing the current resistance of $0.15.
If we compare the price of Stellar (XLM) from the beginning of the year 2019, the price was $0.112328, and now the price is hiked by 24%.
For a more precise picture, let’s compare the price of Stellar (XLM) from 5th May till now. On 5th May 2019, Stellar (XLM) was at $0.098993, and the current trading price is $0.139332, which demonstrates the 40.74% increase in price.
Its all-time high was $0.9, which was recorded in 2018. Cryptonewsz believes that if the price momentum of Stellar (XLM) continues, then the currency might soon see $0.9 again.
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