Stellar Price Prediction for Today, September 15 – XLM Technical Analysis

Stellar Price Prediction

The Stellar price prediction suggests that XLM could face upward, with a break above $0.100 anticipated to keep the coin above the moving averages.

Stellar Prediction Statistics

• Stellar price: $0.097
• Stellar market cap: $2.85 billion
• Stellar circulating supply: 29.6 billion
• Stellar total supply: 50 billion
• Stellar Coinmarketcap ranking: #29

Entering a crypto project early can often yield considerable rewards, and Stellar (XLM) exemplifies the significant gains achievable. Since its all-time low of $0.001227 on November 18, 2014, the token has soared by an impressive 7770.98%, showcasing its remarkable price performance over the past decade.

XLM/USD Market

• Key resistance levels: $0.115, $0.120, $0.125
• Key support levels: $0.080, $0.075, $0.070

XLM/USD has positive technical indicators, indicating potential price growth. The cryptocurrency recently broke out of a falling wedge pattern on its daily time frame chart, suggesting a possible shift from a downtrend to an uptrend. However, XLM faces resistance from a downtrend line since March 29, 2024. Despite attempts to break through, the price is testing the resistance level again.

Stellar Price Prediction: Future Trajectory

The Stellar price is within a channel on the daily chart. A breakout towards the upper boundary could lead to a target of $0.112, marking a substantial price increase. Buyers could have the upper hand, potentially pushing the coin towards resistance levels of $0.115, $0.120, and $0.125.

Conversely, if buying action fails to exceed $0.100, XLM/USD may consolidate. If bears bring the coin below the channel's lower boundary, support levels of $0.080, $0.075, and $0.070 could be reached.

XLM/BTC Outlook

Against Bitcoin, XLM remains within the 9-day and 21-day moving averages, poised to touch the nearest resistance level of 170 SAT. Exceeding this resistance and closing above it could indicate a long-term bullish reversal.

Sliding towards the channel's lower boundary could trigger lows, with possible bearish continuation towards support at 150 SAT and below. Buyers may push the market towards resistance at 185 SAT, with the 9-day MA hovering above the 21-day MA, indicating bullish movement.

Stellar Alternatives

Pepe Unchained, a meme coin, has gained traction, raising nearly $13.4 million in its presale. With its Layer 2 blockchain for fast transactions and seamless bridging, this token has potential for 100x gains.