Stellar (XLM) Price Prediction 2024-2030: Will XLM Price Hit $1 Soon?

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  Bullish Stellar price prediction ranges between $1.1837 and $7.5050.
  
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  According to the analysis, the XLM could reach a price of $0.7319 or more.
  
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  The XLM market price prediction for the bearish market is $0.0670.
  

Since its launch in 2014, Stellar has attracted the attention of crypto enthusiasts, investors and has proven to be more than a payment protocol. Its meteoric rise from a low of 0.001227 dollars in November 2014 to a high of $0.9381 dollars in January 2018 was nothing short of spectacular.

Stellar has established itself as a platform that is capable of handling cross-border transactions. But what will the future bring for XLM, as we near 2030? XLM is trading at $0.2323, a 140.63% increase in the last month. This marks a break from a long-term downtrend. Could this be a sign of a new rally?

As seen in its 998% increase in 2021, past patterns suggest explosive growth. XLM’s price trajectory is set to continue rising in the future, with a focus on scalability.

Stellar (XLM) Price Prediction 2024 Overview

Price Prediction for Year	Potential Low	Potential High
2024	$0.0670	$0.7319
2025	$0.4661	$1.1837
2026	$0.2207	$0.4410
2027	$0.3007	$0.7978
2028	$0.5758	$1.8605
2029	$1.3157	$3.0429
2030	$0.9309	$1.5054
2040	$4.5400	$7.5050

What is Stellar (XLM?

Stellar (XLM), an open-source decentralized payment network, is designed to enhance the global financial system, not to replace it. Stellar, launched in 2014 by Jed McCaleb & Joyce Kim, uses blockchain technology to allow fast and cost-effective transaction across any currency, be it the U.S. Dollar, euro, bitcoin, or even local currencies. Its main advantage? Stellar’s network enables seamless money transfers and asset trades, connecting businesses, financial institutions and individuals in ways that have never been possible before.

The network’s low fees (as low as 0.00001XLM) and fast processing times (under 5 seconds) are a game changer for cross-border payment and financial inclusion. Stellar supports not only payments but also the development of blockchain wallets and apps, NFTs and smart contracts. This significantly expands its use cases.

XLM Current market status

Over the last week, XLM has seen a steady rise, with a gain of 83%. The cryptocurrency began the week at a price of $0.1261, but reached a peak of $0.2533. After a minor retracement and stabilization around the $0.23 mark, the cryptocurrency returned to its opening price. This bullish momentum can be seen on the daily chart where XLM has largely traded in green, demonstrating resilience despite market fluctuations.

CoinMarketCap

XLM was trading for $0.2323, a 2.71% increase, and a market capitalization of $6.96 Billion. The 24-hour trading volume is down by 51.26%, to $938.42 Million, but the volume-to market cap ratio remains healthy, at 13.52%. This highlights the token’s resilience and high investor interest. The token’s circulating supply is 29.95 billion, out of a total supply of 50 billion.

Stellar (XLM) Price Analysis

Technical indicators show that the current sentiment around Stellar (XLM), is bullish. This is complemented by the Fear & Greed Index which sits at a “Extreme Greed”, level 83. Stellar has shown a strong performance over the last month. 18 out of 30 (60%) days closed in the green, and the price volatility was 34.03%.

Is it the right time to purchase Stellar given this momentum? This section of Coin Edition examines the token’s historical performance and recent price analysis to shed light on potential future trajectory.

Stellar (XLM) Price Analysis – Bollinger Bands

The chart below shows the Bollinger Bands. This is a key indicator to analyze Stellar’s (XLM) price volatility and future potential movement. At the time of publication, the XLM has risen to break the upper Bollinger Band, at $0.18046. This indicates increased volatility and a solid bullish trend.

The midline is around $0.11712 and acts as a possible support level. The recent breakout of the lower band, which is $0.05378, suggests increased buying pressure. Historically, breaches over the upper band indicate overbought situations. However, with the current bullish sentiment, XLM may aim for the Fibonacci levels of resistance at $0.57582 or beyond.

Stellar Price Analysis – Relative Strength Index

The chart shows XLM at 65.55 Relative Strength Index, indicating bullish movement but approaching overbought terrain. A Relative Strength Index (RSI) above 70 historically indicates possible overbought situations, while a RSI below 30 indicates oversold. The RSI has risen sharply since its previous reading below the neutral 50 mark. This reflects the intense buying pressure and growing market excitement.

XLM could test Fibonacci resistance at $0.35644 and even $0.54297 if the RSI breaks 70. The RSI indicates that momentum is building, and this is in line with broader market optimism.

Stellar Price Analysis – Moving average convergence divergence

The MACD indicator (Moving average convergence divergence) on the chart below indicates a strong bullish cross-over for Stellar (XLM). This is evident because the MACD line is above the signal lines. The MACD value currently stands at -0.00309, while the signal line is at -0.01306. This crossover indicates a growing positive momentum and suggests the possibility of further price increases.

The histogram also shows expanding green bars that confirm the upward trend. In the past, crossovers like this have been followed by price increases for XLM. If the bullish momentum continues, XLM may target key resistance levels of $0.35644 (38.2% Fibonacci), and $0.54297 (50% Fibonacci), in the coming months.

Stellar (XLM) Price Prediction 2024

The DMI on XLM’s chart shows a strong bullish trend. The +DI is 38.2891 and the -DI is 10.7467. This indicates that buying pressure is dominant over selling. TADX (which measures trend strength) is currently at 34.6952. This is well above the threshold value of 25 and further confirms a strong trend.

If Stellar (XLM), maintains its current momentum the token may continue its upward trajectory. Immediate resistance levels of $0.35644 or $0.54297 could come into play. A breakout above these zones could also set the stage for XLM’s rally towards the $0.7319 area by the end the year. This would be in line with its past price behavior and strong sentiment.

A change in sentiment or an increase in market volatility may lead to a correction phase. In this scenario, XLM could test critical support levels and possibly retreat to the $0.0670 area.

Stellar (XLM) Price Prediction 2025

According to Coin Edition’s predictions, XLM may surpass its previous high and reach $1.1837. This is due to adoption growth and optimism regarding the halving of BTC after 2024. On the downside, market fluctuations could push XLM down to a low $0.4661. This reflects broader market volatility.

Stellar (XLM) Price Prediction 2026

Coin Edition predicts that the diminished BTC halving buzz and market adjustments could drive XLM down to a low $0.2207, reflecting a reduced enthusiasm in crypto. While utility-driven demand is steady, a high of $0.4410 could be possible.

Stellar (XLM) Price Prediction 2027

XLM may reach a peak of $0.7978 as markets rebound in anticipation for the 2028 BTC halving. This is due to renewed investor confidence. In contrast, a bearish phase of the market could lead XLM down to a low price of $0.3007 as a result.

Stellar (XLM) Price Prediction 2028

According to Coin Edition, XLM may reach a high of 1.8605 USD as the BTC halving increases activity on crypto markets. Profit-taking and short term sell-offs may lead to a potential low of $0.5758.

Stellar (XLM) Price Prediction 2029

XLM’s price could reach $3.0429 by 2029 due to increased network adoption and strong community support. Reduced speculative activity could bring the price down to just $1.3157. This would reflect a stabilizing environment.

Stellar (XLM) Price Prediction 2030

According to Coin Edition, economic uncertainty may lead to a phase of consolidation for XLM. The token’s trading range is between $1.5054 and $0.9309, at its high. This is a reflection of the stabilization of the market, as investors adjust to macroeconomics and reduce speculative interests. It highlights a shift towards long-term value rather than short-term volatility.

Stellar (XLM) Price Prediction 2040

Coin Edition predicts XLM could reach a peak of $7.5050 due to massive adoption and maturity in the payment network. Despite this, prolonged bear cycles may push the price down to $4.5400. This is a reflection of cyclic crypto trends.

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