• About
  • Advertise
  • Contact
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Bitcoin price prediction Bulls buy the dip to push BTCUSD past $50k

    Bitcoin price prediction: Bulls buy the dip to push BTC/USD past $50k

    Bitcoin price

    Bitcoin price could rally up to $50,000

    Chainlink may surpass bitcoin

    Chainlink may surpass Bitcoin, reports

    Cardano decentralization

    Full Cardano decentralization expected in March

    Ethereum price prediction

    Ethereum Price Analysis: ETH set to move lower again after sharply rejecting $1,600 resistance

    LTC price prediction

    LTC Price Prediction: Litecoin price soon to hit the $300 mark

    Grayscale

    Grayscale purchases 80 percent of Litecoin mined in February

    bitcoin mining

    Bitcoin mining: 48,000 new machines ordered by Bitfarms to increase hashrate

    ethbox to Launch Secured Transaction Support for Binance Smart Chain and Polkadot Ecosystems 1

    ethbox to Launch Secured Transaction Support for Binance Smart Chain and Polkadot Ecosystems

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Bitcoin price prediction Bulls buy the dip to push BTCUSD past $50k

    Bitcoin price prediction: Bulls buy the dip to push BTC/USD past $50k

    Bitcoin price

    Bitcoin price could rally up to $50,000

    Chainlink may surpass bitcoin

    Chainlink may surpass Bitcoin, reports

    Cardano decentralization

    Full Cardano decentralization expected in March

    Ethereum price prediction

    Ethereum Price Analysis: ETH set to move lower again after sharply rejecting $1,600 resistance

    LTC price prediction

    LTC Price Prediction: Litecoin price soon to hit the $300 mark

    Grayscale

    Grayscale purchases 80 percent of Litecoin mined in February

    bitcoin mining

    Bitcoin mining: 48,000 new machines ordered by Bitfarms to increase hashrate

    ethbox to Launch Secured Transaction Support for Binance Smart Chain and Polkadot Ecosystems 2

    ethbox to Launch Secured Transaction Support for Binance Smart Chain and Polkadot Ecosystems

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
No Result
View All Result
Home News Altcoin News

Stellar Price Prediction: Is XLM/USD pair set to break above $0.30?

Arnold Kirimi by Arnold Kirimi
January 25, 2021
in Altcoin News
3 min read
Stellar Price
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter
  • XLM/USD remained firm above $0.22 before regaining above $0.26.
  • The pair is struggling to break past $0.285.
  • A crucial contracting triangle pattern is forming with resistance near $0.285 on XLM/USD 4-hour chart.
  • Stellar price could spark a bullish rally if bulls can clear the resistance between $0.285 and $0.30.

Stellar Price Prediction: current price overview

Stellar price has displayed encouraging developments above the $0.25 price level. The XLM/USD pair opened the day with a market price of $0.27139 and a trading volume of $77.339 million. So far, the intra-day highest price is $0.27714 after registering an intra-day low of $0.26800. At the time of writing, Stellar Lumen is trading at a market price of $0.27072. 

The Stellar price dropped by a significant 18 percent within 24 hours on the 21st of January when the entire crypto market collapsed. However, XLM bulls swooped in and bought the dip, driving the Stellar price above a vital resistance point, and recovering within 24 hours. This is a clear indication that the bulls are very much present; but they should set up not many short-term uptrends. 

Stellar Price Prediction: XLM/USD pair 4-hour chart

Stellar Price Prediction:  Is XLM/USD pair set to break above $0.30? 3
Stellar (XLM) 4-hour chart: Trading View

In the above 4-hour chart, the most important resistance is located near $0.285 price level. This price level also coincides with the 50-SMA and 100-SMA. A clear breakout past this resistance would indicate a change in momentum for the buyers pushing the XLM/USD pair towards $0.320 price level. 

RelatedPosts

Weekly Crypto Price Analysis 1st Mar: BTC, ETH, DOT, UNI, SUSHI

Dash Price Prediction: Dash surges past the $300 mark, could hit $600

Binance Coin (BNB) becomes third-largest: Is BSC coming for Ethereum?

Algorithmic stablecoins’ instability threatens their usefulness

On the contrary, if the selling pressure near $0.285 forces a rejection, it would be catastrophic for the bulls as there is inadequate support below $0.300. The most logical support below can be found near the $0.2270 price level. 

Stellar Price Prediction: Is a bullish breakout imminent? 

Stellar Price Prediction:  Is XLM/USD pair set to break above $0.30? 4
Stellar (XLM) price chart: Trading View

After recovering from the latest dip to climb above the $0.25 and $0.26 resistance levels, there was also a break past the 50 percent Fibonacci retracement levels of the drop from a $0.32 swing-high to a $0.226 swing low. The XLM/USD pair is currently facing selling pressure near $0.285 and there is a contracting triangle pattern shaping up on the 4-hour chart with resistance near $0.2835. 

The triangle’s resistance is close to the 61.8 percent Fib retracement levels of the declining trend from the $0.32 swing-high to $0.226 swing-low. If the bulls manage to breakout of this crucial resistance around $0.288, there is a high possibility for further gains. The next crucial sell off point can be found near $0.30, and then $0.32. Breaking past $0.32 could open up way for the XLM/USD pair to surge towards $0.38 and $0.40 price levels. 

On the other hand, if Stellar price drops below the triangle, it would head downwards towards $0.227. As mentioned earlier, there is inadequate support under the $0.30 price level. 


Meanwhile, German housing decacorn, Vonovia, recently revealed its plan to expand the finance department through the use of Stellar XLM altcoin. The firm announced that it  had successfully distributed  a fully digital registered bond worthy $24.2 million through the Stellar Network. The price of Stellar XLM is mainly driven by such partnerships.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Arnold Kirimi

Arnold Kirimi

Arnold is a crypto and blockchain enthusiast. A communications expert with interest in hard-hitting journalism, he is always on the hunt for the latest events in the cryptocurrency world. He is inspired by what Bill Gates said, “Bitcoin is a technological tour de force.”

Related Posts

Weekly Crypto Price Analysis 01-03: BTC, ETH, DOT, UNI, SUSHI
Altcoin News

Weekly Crypto Price Analysis 1st Mar: BTC, ETH, DOT, UNI, SUSHI

March 1, 2021
Dash Price Prediction
Altcoin News

Dash Price Prediction: Dash surges past the $300 mark, could hit $600

February 19, 2021
US exchange, Coinbase files with SEC to go public through direct listing
Altcoin News

Binance Coin (BNB) becomes third-largest: Is BSC coming for Ethereum?

February 19, 2021

Follow Us

  • 40.9k Fans
  • 8.3k Followers

Latest News

Is Ethereum stronger than Bitcoin 5

Is Ethereum stronger than Bitcoin

March 3, 2021
How can one increase their bitcoin capital 6

How can one increase their bitcoin capital

March 3, 2021
Bitcoin price prediction Bulls buy the dip to push BTCUSD past $50k

Bitcoin price prediction: Bulls buy the dip to push BTC/USD past $50k

March 3, 2021
NFT

NFTs are changing the world of art and it is just getting started

March 2, 2021
Bitcoin price

Bitcoin price could rally up to $50,000

March 2, 2021

Signup To The Daily Roundup

Get New Posts By Email:
Privacy Policy

Got a Story tip? Email Contact@Cryptopolitan.com

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Exclusive Partners of

Footer 7

Got a Story tip? Email Contact@Cryptopolitan.com

cryptopolitan 1

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Cryptopolitan brings you quality Blockchain and Cryptocurrency news, ICO reviews, crypto technical analysis, and other unique news insiders. We cover Bitcoin news, altcoins news, blockchain projects news, ICO news, regulatory developments and the confluence of news on the leading blockchain technologies.

© 2021 Cryptopolitan. All rights reserved. Terms | Privacy

No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events

Copyright © 2020 Cryptopolitan.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.