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

• Bullish Stellar (XLM) price prediction ranges from $1.1837 to $7.5050.
• Analysis suggests that the XLM price might reach above $0.7319.
• The XLM bearish market price prediction for 2024 is $0.0670.

Since its inception in 2014, Stellar (XLM) has consistently drawn the attention of crypto enthusiasts and investors, proving to be more than just a payment protocol. Its journey from a low of $0.001227 in November 2014 to an all-time high of $0.9381 in January 2018 is nothing short of meteoric, showcasing a 76,335% increase at its peak.

Over the years, Stellar has built its reputation as a robust platform for cross-border transactions, but what does the future hold for XLM as we approach 2030? At press time, XLM trades at $0.2323, reflecting a 140.63% surge within the last month, breaking out of a prolonged downtrend. Could this be a signal for a renewed rally?

Past patterns suggest explosive growth is possible, as seen during its 998% rise in 2021. With a strong focus on scalability and financial inclusivity, XLM’s future price trajectory remains thrilling for those willing to dive in.

Stellar (XLM) Price Prediction 2024 Overview

What is Stellar (XLM)?

Stellar (XLM) is an open-source, decentralized payments network designed to enhance, not replace, the global financial system. Launched in 2014 by Jed McCaleb and Joyce Kim, Stellar uses blockchain technology to enable fast and cost-effective transactions across any currency—be it the U.S. dollar, euro, Bitcoin, or even local currencies. Its key advantage? Stellar’s network allows seamless money transfers and asset exchanges, connecting financial institutions, businesses, and individuals around the globe in ways never before possible.

The network’s low transaction fees (as little as 0.00001 XLM) and rapid processing times (under five seconds) make it a game-changer for cross-border payments and financial inclusivity. Beyond payments, Stellar also supports the development of blockchain wallets, apps, NFTs, and smart contracts, significantly broadening its use cases.

XLM Current Market Status

Over the past week, the XLM token has been on an upward trajectory, recording a surge of over 83%. Commencing the week at an opening price of $0.1261, the cryptocurrency peaked at $0.2533 before experiencing a minor retracement, stabilizing around the $0.23 mark. This bullish momentum is reflected on the daily chart, as XLM has predominantly traded in the green, showcasing resilience despite market fluctuations.

Source: CoinMarketCap

At the time of writing, XLM was trading at $0.2323, reflecting a 2.71% gain and a robust market capitalization of $6.96 billion. While the 24-hour trading volume has dipped by 51.26% to $938.42 million, the volume-to-market cap ratio remains healthy at 13.52%, highlighting its resilience and strong investor interest. The token has a circulating supply of 29.95 billion out of a maximum supply of 50 billion.

Stellar (XLM) Price Analysis

Per technical indicators, the current sentiment surrounding Stellar (XLM) is strongly bullish, complemented by the Fear & Greed Index, which sits at an “Extreme Greed” level 83. Stellar has demonstrated a solid performance over the past month, with 18 out of 30 days (60%) closing in the green and experiencing a 34.03% price volatility.

Given this momentum, is now the right time to buy Stellar? In this section, Coin Edition explores the token’s recent price analysis and historical performance to shed light on its potential future trajectory.

Stellar (XLM) Price Analysis – Bollinger Bands

The chart below showcases the Bollinger Bands, a key technical indicator for analyzing Stellar (XLM)’s price volatility and potential future movement. At press time, the XLM  price has surged to breach the upper Bollinger Band at $0.18046, signaling heightened volatility and solid bullish momentum.

The midline is approximately $0.11712, acting as a potential support level. With the lower band at $0.05378, the recent breakout suggests increased buying pressure. Historically, breaches above the upper band often indicate overbought conditions, but with the current bullish sentiment and market momentum, XLM could aim for the Fibonacci resistance levels at $0.57582 and beyond.

Stellar (XLM) Price Analysis – Relative Strength Index

The chart shows XLM with a Relative Strength Index at 65.55, indicating bullish momentum but approaching overbought territory. An RSI above 70 historically suggests possible overbought conditions, while below 30 indicates oversold. With the RSI rising sharply from its previous level below the neutral 50 mark, the current reading reflects intense buying pressure and growing market enthusiasm.

However, if the RSI breaches 70, traders might anticipate a short-term pullback, but sustained bullish sentiment could push XLM to test key Fibonacci resistance levels at $0.35644 or even $0.54297. The RSI suggests momentum is building and aligning with broader market optimism.

Stellar (XLM) Price Analysis – Moving Average Convergence Divergence

The MACD (Moving Average Convergence Divergence) indicator on the chart below signals a strong bullish crossover for Stellar (XLM). This is evident as the MACD line has moved above the signal line, with the current MACD value at -0.00309 and the signal line at -0.01306. This crossover indicates growing positive momentum, suggesting the possibility for further price increases.

Additionally, the histogram shows expanding green bars, confirming the upward trend. Historically, such crossovers have preceded rallies in XLM’s price. If the bullish momentum sustains, XLM could target key resistance levels at $0.35644 (38.2% Fibonacci) and $0.54297 (50% Fibonacci) in the coming months.

Stellar (XLM) Price Prediction 2024

The DMI on the chart highlights a robust bullish trend for XLM. The +DI stands at 38.2891, higher than the -DI at 10.7467, signaling dominant buying pressure over selling. TADX, measuring trend strength, is currently at 34.6952, well above the threshold of 25, further cementing a robust and strengthening trend.

If Stellar (XLM) maintains its current momentum, the token could continue its upward trajectory, with immediate resistance levels at $0.35644 and $0.54297 possibly coming into play. Furthermore, a breakout above these zones might set the stage for XLM to rally toward the $0.7319 region by the end of the year, aligning with its historical price behavior and strong market sentiment.

However, a reversal in sentiment or increased market volatility could lead to a corrective phase. In such a scenario, XLM may test critical support levels, possibly retreating to the $0.0670 range.

Stellar (XLM) Price Prediction 2025

Per Coin Edition’s projections, XLM could surpass its all-time high and peak at $1.1837, fueled by adoption growth and optimism about the post-2024 BTC halving. On the downside, market corrections could pull XLM to a low of $0.4661, reflecting broader market volatility.

Stellar (XLM) Price Prediction 2026

Coin Edition predicts diminished BTC halving hype and market adjustments may drive XLM to a low of $0.2207, reflecting reduced enthusiasm in the crypto space. Meanwhile, steady utility-driven demand supports a possible high of $0.4410.

Stellar (XLM) Price Prediction 2027

As markets rebound in anticipation of the 2028 BTC halving, XLM could peak at $0.7978, supported by renewed investor confidence. Conversely, a bearish market phase may lead XLM to a low of $0.3007, reflecting cautious market sentiment.

Stellar (XLM) Price Prediction 2028

According to Coin Edition’s forecast, XLM could hit a high of $1.8605 as the BTC halving drives increased activity across crypto markets. A potential low of $0.5758 may arise due to profit-taking and short-term sell-offs.

Stellar (XLM) Price Prediction 2029

XLM could soar to $3.0429 in 2029, buoyed by strong community support and increased network adoption. On the other hand, reduced speculative interest might pull the price down to $1.3157, reflecting a stabilizing market environment.

Stellar (XLM) Price Prediction 2030

According to Coin Edition’s forecast, economic uncertainties may lead to a consolidation phase for XLM, with the token trading within a range of $1.5054 at its peak and $0.9309 at its low. This reflects stabilization in the market as investors adjust to macroeconomic factors and reduce speculative interest, highlighting a shift toward long-term value accumulation rather than short-term volatility.

Stellar (XLM) Price Prediction 2040

Coin Edition predicts XLM may peak at $7.5050, driven by massive adoption and maturity as a payment network. Still, extended bear cycles could press the price to a low of $4.5400, reflecting cyclic crypto trends.

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