After Stellar Lumens Hit $0.2, Can XLM Reach To $1?

Stellar has always been in the news and sought attention from key market enthusiasts looking for bigger long term investments in the cryptocurrencies. There are many forces which have played an important role for this to happen. Stellar’s crypto Lumens (XLM) has the potential to gain mass adoption in 2019 and become one of the highest traded currencies.

Stellar has a strong backing of many enterprises, and the coin is increasingly gaining mainstream adoption from various merchants. This keeps the traders hooked to Stellar, and cryptonewsz believes that the price of the coin can reach up to $1 by the end of 2019, crossing its all-time high value.

Stellar Lumens News Today – XLM News Today

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 momentumç

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.

Stellar Lumens Price Prediction 2019

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.

Stellar Lumens (XLM) Price Today – XLM / USD

NamePrice
bitcoin
Bitcoin
$9,139.57
stellar
Stellar
$0.067

According to the Stellar Lumens price prediction 2019 on Cryptopolitain, 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.

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.

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Carolyn Coley is a blockchain reporter. She joined Smartereum after graduating from UC Berkeley in 2018.

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