How to buy Stellar Lumen?ĮToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. However, XLM would need the support of the broader crypto market to cross the second major resistance level at $0.120 for the first time in three weeks. If the bulls remain in charge, XLM could surge past the first major resistance level at $0.1169 before the end of the day. The 14-day relative strength index of 56 also shows that XLM is no longer in the oversold regions and could soar higher soon. The MACD line remains below the neutral zone but is slowing moving higher, indicating that the bulls are slowly taking control. The technical indicators show that XLM’s price action is improving. The XLM/USD 4-hour chart is still bearish despite Stellar Lumen performing well over the last 24 hours. However, if the broader cryptocurrency market continues its positive start to the week, XLM could rally toward the $0.120 resistance level before the end of the week. XLM could rally higher over the coming hours despite underperforming against Bitcoin and Ether.Īt press time, XLM is trading at $0.1124. What’s the outlook for the Stellar Lumen price? XLM is not rallying despite the Stellar Development Foundation (SDF) announcing a $5 million Enterprise Fund investment in Wave, an African mobile money app that endeavors to make Africa the first cashless continent. Today, SDF announced a $5 million Enterprise Fund investment in a fast-growing mobile money app introducing simpler, cheaper solutions for users to transact and send money affordably. It is up by more than 2% in the last 24 hours and is underperforming against Bitcoin and Ether, the two leading cryptocurrencies by market cap.īitcoin is up by more than 4% today and is trading above $20k, while Ether has added more than 10% to its value and currently stands at $1,453. XLM has been performing well over the last 24 hours, aligning with that of the broader cryptocurrency market. What is driving Stellar Lumen’s price higher today? However, it has failed to surge past the $0.120 resistance level in recent weeks and could remain there as we head into the last few days of the month. XLM’s performance aligns with that of the broader cryptocurrency market, which is also up by more than 2% in the last 24 hours.
The coin is currently trading at $0.1124 at press time.
XLM, the native coin of the Stellar Lumen blockchain, is up by more than 2% so far today. This means that this asset is suited as a new addition to your portfolio as trading bullish markets is always a lot easier.Stellar Lumen (XLM) is up by more than 2% in the last 24 hours as the broader cryptocurrency market continues its positive start to the week. This means that if you invested $100 now, your current investment may be worth $227.491 on 2024 July 22, Monday. These predictions take several variables into account such as volume changes, price changes, market cycles, similar coins.įuture price of the asset is predicted at $0.35716015903543 ( 127.491% ) after a year according to our prediction system. Our site uses a custom algorithm based on Deep Learning that helps our users to decide if XLM could be a good portfolio addition for the future. Stellar Lumens has been showing a rising tendency so we believe that similar market segments were very popular in the given time frame. 5 year XLM Forecast: 1.483 * About the Stellar Lumens cryptocurrency forecastĪs of 2023 July 22, Saturday current price of XLM is $0.157 and our data indicates that the asset price has been in an uptrend for the past 1 year (or since its inception).
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