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Stellar Dropped -3.95% in Last Month and is Predicted to Reach $0.161855 By Oct 19, 2024

Stellar Dropped -3.95% in Last Month and is Predicted to Reach $0.161855 By Oct 19, 2024


Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

  • Stellar is up 3.64% today against the US Dollar
  • XLM/ETH decreased by -3.63% today
  • Stellar is currently trading 42.23% below our prediction on Oct 19, 2024
  • Stellar dropped -3.95% in the last month and is down -12.11% since 1 year ago
Stellar price $ 0.093503
Stellar prediction $ 0.161855 (73.97%)
Sentiment Bearish
Fear & Greed index 48 (Neutral)
Key support levels $ 0.090089, $ 0.089242, $ 0.088127
Key resistance levels $ 0.092052, $ 0.093167, $ 0.094015

XLM price is expected to rise by 73.97% in the next 5 days according to our Stellar price prediction

is trading at $ 0.093503 after gaining 3.64% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 1.54% in the same time period. XLM performed poorly against BTC today and recorded a -1.65% loss against the world’s largest cryptocurrency.

According to our Stellar price prediction, XLM is expected to reach a price of $ 0.161855 by Oct 19, 2024. This would represent a 73.97% price increase for XLM in the next 5 days.

XLM Price Prediction Chart

Buy/Sell Stellar

What has been going on with Stellar in the last 30 days

Stellar has been displaying a negative trend recently, as the coin lost -3.95% in the last 30-days. The medium-term trend for Stellar has been bearish, with XLM dropping by -12.77% in the last 3 months. The long-term picture for Stellar has been negative, as XLM is currently displaying a -12.11% 1-year price change. On this day last year, XLM was trading at $ 0.106387.

Stellar reached its all-time high price on Jan 04, 2018, when the price of XLM peaked at $ 0.930121. The current XLM cycle high is $ 0.796465, while the cycle low is at $ 0.027660. XLM has been displaying low volatility recently – the 1-month volatility of the coin is at 3.39. Stellar recorded 17 green days in the last 30 days.

Stellar technical analysis for today – Oct 15, 2024

The sentiment in the Stellar markets is currently Bearish, and the Fear & Greed index is reading Neutral. The most important support levels to watch are $ 0.090089, $ 0.089242 and $ 0.088127, while $ 0.092052, $ 0.093167 and $ 0.094015 are the key resistance levels.

Bearish sentiment for Stellar

12 indicators are currently signaling a bullish prediction for Stellar, while 20 indicators are showing a bearish forecast. With 62% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Stellar.

Crypto market is currently experiencing Neutral

Currently, the Fear & Greed index is at 48 (Neutral), which signals that investors have a neutral outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Stellar moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Stellar is positioned in the market right now.

Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential
MA3 $ 0.091981 (BUY) $ 0.093779 (SELL)
MA5 $ 0.091593 (BUY) $ 0.094389 (SELL)
MA10 $ 0.092604 (BUY) $ 0.095215 (SELL)
MA21 $ 0.094868 (SELL) $ 0.096219 (SELL) $ 0.021846 (BUY) $ 0.100027 (SELL)
MA50 $ 0.093980 (SELL) $ 0.097376 (SELL) $ 0.090842 (BUY) $ 0.107165 (SELL)
MA100 $ 0.096452 (SELL) $ 0.100373 (SELL) $ 0.095077 (SELL) $ 0.119281 (SELL)
MA200 $ 0.105046 (SELL) $ 0.105783 (SELL) $ 0.128082 (SELL) $ 0.132564 (SELL)
Period Value Action
RSI (14) 41.26 BUY
Stoch RSI (14) 0.00 BUY
Stochastic Fast (14) 15.53 BUY
Commodity Channel Index (20) -66.67 NEUTRAL
Average Directional Index (14) 10.90 NEUTRAL
Awesome Oscillator (5, 34) 0.00 NEUTRAL
Momentum (10) 0.00 NEUTRAL
MACD (12, 26) 0.00 NEUTRAL
Williams Percent Range (14) -84.47 BUY
Ultimate Oscillator (7, 14, 28) 41.72 NEUTRAL
VWMA (10) 0.09 SELL
Hull Moving Average (9) 0.09 BUY
Ichimoku Cloud B/L (9, 26, 52, 26) 0.10 NEUTRAL

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Stellar is at 41.26, suggesting that XLM is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Stellar over the last 50 days. Currently, Stellar is trading above the SMA 50 trendline, which is a bullish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the XLM closing price for the last 200 days. XLM is now trading above the SMA 200, signaling that the market is currently bullish.

The bottom line about this Stellar prediction

After considering the above factors, we can conclude that the current forecast for Stellar price prediction is Bearish. XLM would have to increase by 73.97% to hit our $ 0.161855 target within the next five days. Moving forward, it will be important to monitor the XLM market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Stellar price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.



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