- Bullish XLM price prediction ranges from $0.1700 to $0.6900.
- Analysis suggests that the XLM price might reach $0.900.
- The XLM bearish market price prediction for 2023 is $0.057.
What is Stellar (XLM)?
Stellar is a blockchain project that was launched in July 2014. Its native token is denoted with XLM.
Stellar investors are bullish on the token since it promises a high return on investment (ROI) of over 61 times in the past 5 years. The crypto bubble of late December 2017 and early January 2018, led to the surge in the price of XLM to its present all-time high (ATH) of $0.9381 according to CoinMarketCap which was attained in January 2018. Irrespective of the recent crypto winter, XLM investors are confident that the future of XLM is bullish.
If you are interested in the future of Stellar (XLM) and would like to know the price analysis and price prediction of XLM for 2023, 2024, 2025, 2030, 2040 and 2050 keep reading this Coin Edition article.
Table of contents
- What is Stellar (XLM)?
- Stellar (XLM) Market Overview
- Analysts’ View on Stellar (XLM)
- Stellar (XLM) Current Market Status
- Stellar (XLM) Price Analysis 2023
- Stellar (XLM) Price Prediction 2023-2030 Overview
- Stellar (XLM) Price Prediction 2023
- Stellar (XLM) Price Prediction 2024
- Stellar (XLM) Price Prediction 2025
- Stellar (XLM) Price Prediction 2026
- Stellar (XLM) Price Prediction 2027
- Stellar (XLM) Price Prediction 2028
- Stellar (XLM) Price Prediction 2029
- Stellar (XLM) Price Prediction 2030
- Stellar (XLM) Price Prediction 2040
- Stellar (XLM) Price Prediction 2050
- More Crypto Price Predictions:
Stellar (XLM) Market Overview
|📊 Price Change (1h)||0.70644 %|
|📊 Price Change (24h)||0.43392 %|
|📊 Price Change (7d)||3.8446 %|
|💵 Market Cap||$3455467347|
|📈 All Time High||$0.875563|
|📉 All Time Low||$0.00047612|
|💸 Circulating Supply||28079742483.1 xlm|
|💰 Total Supply||50001787094.2 xlm|
Analysts’ View on Stellar (XLM)
A crypto analyst by the name of Cryptic Poet stated that XLM was on the move considering its exponential rise. Moreover, the chart embedded shows how XLM prices are based above the 50-day and 200-day MA, which gives it a bullish outlook.
Stellar (XLM) Current Market Status
Stellar (XLM) has a circulating supply of 27,269,529,822 XLM coins, while its maximum supply is 50,001,806,812 XLM coins, according to CoinMarketCap. At the time of writing, XLM is trading at $0.164 representing 24 hours increase of 1.32%. The trading volume of XLM in the past 24 hours is $321,762,905 which represents a 3.89% decrease.
Now that you know XLM and its current market status, we shall discuss the price analysis of XLM for 2023.
Stellar (XLM) Price Analysis 2023
Currently, Stellar (XLM) ranks 165 on CoinMarketCap. Will XLM’s most recent improvements, additions, and modifications help its price go up? First, let’s focus on the charts in this article’s XLM price forecast.
Stellar (XLM) Price Analysis – Bollinger Bands
The Bollinger bands were developed by John Bollinger. It consists of three bands, the upper band, the lower band, and the Simple Moving Average (SMA). The upper band gives a top limit and the lower band gives a lower limit for the price to fluctuate while the SMA in the middle is the average price. The Bollinger bands work on the principle of standard deviation and period (time).
When the bands widen, it shows there’s going to be more volatility and when they contract, there is less volatility. When the price reaches the upper band the cryptocurrency is considered overbought, and, oversold when it reaches the lower band. Moreover, when the cryptocurrency reaches either of the bands, it has a 95% chance of retracing and heading in the opposite direction.
The sections highlighted by red rectangles in the chart above show how the bands expand and contract. When the bands widen, we could expect more volatility, and when the bands contract, it denotes less volatility. The green rectangles show how XLM retraced after touching the upper band (oversold).
Currently, the bands are expanding, as such, there seems to be more volatility in the market. The upper band is at $0.1828 while the lower band is at $0.0928. At press time, the price of XLM is at $0.1586. XLM is currently trading between the upper band and SMA.
Since the formation of an inverted candle was spotted at the time of writing, we could expect the price of XLM to rise toward the upper band. Additionally, there is also a chance that XLM could rise while hugging onto the upper band.
The above thesis could be justified by the fact that XLM has just crossed the SMA and could be moving toward the upper band. As such, although in the shorter time-frames, there could be a retracement, XLM may move up in the foreseeable future.
Stellar (XLM) Price Analysis – Relative Strength Index
The Relative Strength Index is an indicator that is used to find out whether the price of a security is overvalued or undervalued. As per its name, RSI indicators help determine how the security is doing at present, relative to its previous price.
Moreover, it has a signal line which is a Simple Moving Average (SMA) that acts as a yardstick or reference to the RSI line. Hence, whenever the RSI line is above the SMA, it is considered bullish; if it’s below the SMA, it is bearish.
Currently, the RSI reads a value of 65.86 and it seems to be heading parallel to the horizontal axis. Moreover, the RSI is overlapping the signal line, as such there is a possibility that the RSI could cross below the signal line. However, as per the longer timeframes, we may see the RSI going further up as XLM has reached the bottom of its price.
However, before the RSI starts to rise there may be a small retracement as the weekly chart RSI value is in the overbought region.
Stellar (XLM) Price Analysis – Moving Average
The Exponential Moving averages are quite similar to the simple moving averages (SMA), except for the fact that it gives more weightage to the present prices.
The 200-day MA is considered to be the long-term moving average while the 50-day MA is considered the short-term moving average in trading. Based on how these two lines behave, the strength of the cryptocurrency or the trend can be determined on average.
In particular, when the short-term moving average (50-day MA) approaches the long-term moving average (200-day MA) from below and crosses it, we call it a Golden Cross.
Contrastingly, when the short-term moving average crosses the long-term moving average from above then, a death cross occurs.
Usually, when a Golden Cross occurs, the prices of the cryptocurrency will shoot up drastically, but when there’s a Death Cross, the prices will crash.
It could be noted that XLM had a Golden cross lately. As such, the prices are going up drastically. Moreover, as the 50-day is and 200-day MA are both pointing upwards we may XLM rising in the short and long term.
Stellar (XLM) Price Prediction 2023-2030 Overview
|Year||Minimum Price||Average Price||Maximum Price|
Stellar (XLM) Price Prediction 2023
When considering the above chart we could see that XLM has been forming the head and shoulders pattern in the longer time frame. Currently, it seems to be forming the right shoulder and it could reach Resistance 1 at $0.2867. And in the event that Resistance 1 is broken, then XLM could reach Resistance 2 at $0.4085. However, if XLM is rejected at Resistance 1, it could seek support from $0.0572.
The above chart shows Stellar fluctuating in a shorter time frame. Since XLM is currently on the rise after being held together by Support 3 ($0.0847). XLM may continue rising in the future. As such, it has the potential to reach Resistance 1 at $0.2372. if XLM manages to break Resistance 1 it may eventually reach Resistance 2 at $0.2867.
However, in the event, XLM falls from where it is as now it may straightway fall to Support 2 at $0.1039. Since Support 1 at $0.1241 is weak the above thesis has been derived. If Support 2 is breached, then, XLM could reach Support 3.
Stellar (XLM) Price Prediction – Resistance and Support Levels
The above chart shows the behavior of XLM since 2018. We could see that XLM was trading between the fib retracement levels of 0.786 and 0.618 from May 2018 to November 2018. However, in mid-November 2018 XLM lost support from the 0.618 level and fell below it reaching for support at the fib retracement 1 level.
From 2018 November to late 2020 XLM has been fluctuating between the 1 and 0.786 fib retracement levels. However, the dawn of 2021 brought the bulls dormant bulls into the market, as XLM started to surge.
XLM rose from as low as $0.0768 to as high as $0.7140 within the span of five months. It may have been the after-effects of BTC halving which took place in 2020. After reaching $0.7140, XLM started sliding down along the 2:1 Gann fan line until 2022. Currently, XLM is moving just under the 8:1 Gann fan line.
If it manages to break the 8:1 Gann line it may be met with resistance by the 3:1 Gann line. However, if the 8:1 Gann line is too strong for the bulls to break, then, we may see XLM rebound off of the 8:1 Gann line and seek support from the 2:1 Gann line.
Stellar (XLM) Price Prediction 2024
There will be Bitcoin halving in 2024, and hence we should expect a positive trend in the market due to user sentiments and the quest by investors to accumulate more of the coin. However, the year of BTC halving didn’t yield the maximum XLM based on the previous halving. Hence, we could expect XLM to trade at a price not below $0.44 by the end of 2024.
Stellar (XLM) Price Prediction 2025
XLM may experience the after-effects of the Bitcoin halving and is expected to trade much higher than its 2024 price. Many trade analysts speculate that BTC halving could create a huge impact on the crypto market. Moreover, similar to many altcoins, XLM will continue to rise in 2025 forming new resistance levels. It is expected that XLM would trade beyond the $0.995 level.
Stellar (XLM) Price Prediction 2026
It is expected that after a long period of bull run, the bears would come into power and start negatively impacting the cryptocurrencies. During this bearish sentiment, XLM could tumble into its support regions. During this period of price correction, XLM could lose momentum and be way below its 2025 price. As such it could be trading at $0.539 by 2026.
Stellar (XLM) Price Prediction 2027
Naturally, traders expect a bullish market sentiment after the crypto industry was affected negatively by the bears’ claw. Moreover, the build-up to the next Bitcoin halving in 2028 could evoke excitement in traders. However, that excitement has not been reciprocated in XLM . As such, we could expect XLM to trade just below its 2026 value at around $0.4758 by the end of 2027.
Stellar (XLM) Price Prediction 2028
As the crypto community’s hope will be re-ignited looking forward to Bitcoin halving like many altcoins, XLM may reciprocate its past behavior during the BTC halving. Hence, XLM would be trading at $0.633 after experiencing a considerable surge by the end of 2028.
Stellar (XLM) Price Prediction 2029
2029 is expected to be another bull run due to the aftermath of the BTC halving. However, traders speculate that the crypto market would gradually become stable by this year. In tandem with the stable market sentiment, XLM could be trading at $1.185 by the end of 2029.
Stellar (XLM) Price Prediction 2030
After witnessing a bullish run in the market, XLM and many altcoins would show signs of consolidation and might trade sideways and move downwards for some time while experiencing minor spikes. Therefore, by the end of 2030, XLM could be trading at $1.017
Stellar (XLM) Price Prediction 2040
The long-term forecast for XLM indicates that this altcoin could reach a new all-time high(ATH). This would be one of the key moments as HODLERS may expect to sell some of their tokens at the ATH point.
If they start selling then XLM could fall in value. It is expected that the average price of XLM could reach $1.77 by 2040.
Stellar (XLM) Price Prediction 2050
The community believes that there will be widespread adoption of cryptocurrencies, which could maintain gradual bullish gains. By the end of 2050, if the bullish momentum is maintained, XLM could hit $2.520
If investors continue showing their interest in XLM and add these tokens to their portfolio, it could continue to rise. XLM’s bullish price prediction shows that it could reach the $0.3 level.
Stellar (XLM) is a peer-to-peer (P2P) decentralized network created in 2014 by The Stellar Development Foundation or Stellar.org. The network was officially launched in 2015 in an attempt to connect the world’s financial systems and ensure a protocol for payment providers and financial institutions.
Like other cryptocurrencies, Stellar (XLM) can be traded in cryptocurrency exchanges like Binance, Huobi Global, Kucoin, Gate.io, Kraken, and others.
Stellar has a possibility of surpassing its present all-time high (ATH) price of $0.9381 in 2025.
XLM is one of the rising tokens and if it manages to break above the Resistance level 2 zone it has the potential to hit $10.
Since XLM provides investors with several opportunities to form their crypto holdings, it grooms to be a good investment in 2023, especially with a recent golden cross.
The lowest price of XLM is $0.001227
XLM was launched in 2014.
XLM was founded by established Wall Street and Silicon Valley entrepreneurs.
XLM can be stored in a hot wallet, cold wallet, or exchange wallet.
XLM is expected to reach $0.2867 by 2023.
XLM is expected to reach $0.4400 by 2024.
XLM is expected to reach $0.9956 by 2025.
XLM is expected to reach $0.5395 by 2026.
XLM is expected to reach $0.4758 by 2027.
XLM is expected to reach $0.6333 by 2028.
XLM is expected to reach $1.1856 by 2029.
XLM is expected to reach $1.0171 by 2030.
XLM is expected to reach $1.7791 by 2040.
XLM is expected to reach $2.5209 by 2050.
Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.
More Crypto Price Predictions:
- Arweave (AR) Price Prediction 2023-2030
- Cardano (ADA) Price Prediction 2023-2030
- Bone ShibaSwap Price Prediction 2023-2030
- Curve DAO (CRV) Token Price Prediction 2023-2030
- Smooth Love Potion (SLP) Price Prediction 2023-2030
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.