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The Stellar price prediction may cause the coin to create a new upward movement as the technical indicator heads north.

Star price prediction data:

  • Star price now – $0.456
  • Stellar market capitalization – $13.62 billion
  • Stellar Circulating Supply – 30.34 Billion
  • Total supply is excellent – ​​50 billion
  • Stellar Coinmarketcap Ranking – No. 16

Stellar Coin (XLM) exemplifies the benefits of getting into crypto projects early, with an impressive +36,500.93% increase from its all-time low of $0.001227 in November 2014. Over the past 24 hours, XLM has traded between $0.4418 and $0.4842. , reflecting flat activity although still -52.13% below its all-time high $0.9381 as of January 2018. This remarkable long-term growth highlights the potential rewards for early adopters and underscores the value of seizing timely opportunities in the cryptocurrency market.

XLM/USD market

Key levels:

Resistance levels: $0.650, $0.655, $0.660

Support levels: $0.250, $0.245, $0.240

XLMUSD – daily chart

The daily chart for Stellar Coin (XLM/USD) shows that the price is currently trading above the 9-day and 21-day moving averages, indicating a bullish bias in the short to medium term. The price also moved higher within an ascending channel, testing the resistance at $0.486, while support held firmly at $0.446. The increasing volume accompanying the recent price action indicates increased interest and momentum in favor of the bulls.

Star Price Prediction: XLM price may reach $0.500 level

According to the daily chart, Stellar price may continue to create a new uptrend, as the coin is likely to reach the resistance level at $0.600 if the price moves towards the upper border of the channel. Meanwhile, if the bullish momentum continues, the market may retest the upper boundary of the channel near $0.650, which serves as the next important resistance level. A successful break above this level could pave the way for further upside, potentially targeting $0.655 and $0.660 respectively.

On the other hand, rejection at the resistance level could lead to a consolidation phase or a possible pullback towards the lower limit of the channel near $0.400, which coincides with the 21-day SMA acting as dynamic support. However, the current price path favors the bulls as long as the market maintains its position above the moving averages and the center line of the ascending channel. Traders should watch for a break above $0.650 to confirm continued bullish momentum or a break below $0.400 for signs of a bearish reversal that could reach the support levels at $0.250, $0.245, and $0.240.

XLM/BTC may reach the 600 SAT resistance level

Against Bitcoin, the daily chart of Stellar is indicating an uptrend, with the market price currently sitting at 467 SAT, trading above the 9-day and 21-day moving averages (MAs). The price is within an ascending channel, and direct resistance is located at 600 SAT, while strong support is observed at 290 SAT and below. The recent move above the 9-day moving average indicates strengthening bullish momentum.

Star price forecast for today, January 4 - XLM Technical AnalysisStar price forecast for today, January 4 - XLM Technical Analysis
XLMBTC – daily chart

Meanwhile, if the uptrend continues, the market price may aim to test the resistance at 650 SAT and above. A break above this level could pave the way towards the next target near 700 SAT. However, rejection near resistance could see the price bounce back to the 21-day moving average or the center line of the channel around the 400 SAT, where buyers may step in to offer support.

However, @CW8900 shared an analysis with his followers on X (formerly Twitter), highlighting that $XLM is currently testing a key resistance line. If it is successfully broken, the next target is $0.60, with the final price target remaining at $0.82.

Stellar alternatives

Stellar price is hovering around the $0.456 resistance level after touching a daily high of $0.486 during today’s European session. This is a move that could easily pave the way for gains towards the upper border of the channel to touch the $0.600 resistance level. Therefore, if the 9-day EMA crosses above the 21-day EMA, the market may show that the bullish grip is getting stronger. However, Wall Street Baby, a meme coin receiving a lot of attention, is at the forefront of this momentum, having raised more than $41 million in just a few weeks. With rapid pre-sales, betting bonuses, and exclusive alpha trading pool plans, Wall Street Baby has analysts and investors bullish on its potential for massive gains.

Wall Street Baby – All signs point to big gains

$WEPE has already raised $41 million in record time, and has captured the attention of analysts and investors alike, thanks to its promising rewards and exclusive alpha trading pool. The potential for massive price increases, fueled by a rapidly growing community and strategic momentum, makes this token a game-changing token in the cryptocurrency space.. Don’t wait for the market to peak – take this opportunity to invest in Wall Street Pepe now and put yourself at the forefront of what could be one of the most profitable rallies in the history of cryptocurrencies.

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