Stellar Lumens price staged a strong breakout, crossing a key resistance level as positive sentiment continued to build in the crypto industry. Stellar (XLM) surged to an intraday high of $0.
As we approach President-elect Donald Trump's inauguration, the cryptocurrency landscape appears to be shifting towards a bullish trend, as seen in major assets. Amid this bullishness, Stellar's XLM experienced a major breakout and gained massive attention from crypto enthusiasts, resulting in a significant price surge.
Hedera (HBAR) joined Stellar (XLM) as a top performer, gaining 7% from Tuesday.
XRP recent price surge has sparked a 9% surge in XLM price, pushing its market cap to $14.16B and a new #12 ranking. Discover why XLM seems to mirror XRP journey.
Stellar (XLM) has risen 13% in the previous 24 hours, coinciding with the appearance of a bullish golden cross formation on the hourly chart, a signal that traders often interpret as a harbinger of further upward momentum.
As of 15 January 2025, the Stellar (XLM) price is up 7% in the last 24 hours and currently trades at $0.4705, with a market cap of $14.55B. This upward movement raises the question about whether XLM can mirror XRP's path, and register similar yet impressive gains?
Cardano, Hedera, and Stellar showcase bullish and bearish setups. ADA eyes a 65% rally, HBAR faces overbought risks, and XLM could drop 20% amid triangle patterns.
XRP and XLM have posted similar gains over the past day.
The altcoins market is showing a strong resurgence today as signaled by the TOTAL3 market cap, which excludes Bitcoin (BTC) and Ethereum (ETH). It approaches the $1 trillion milestone as the market rally today witnessed 12% gain in XRP.
Stellar (XLM) has experienced a notable dip of 7% as the cryptocurrency market continues to face challenges, with the token's price slipping alongside a decline in futures open interest and a fall in transaction volume. The sentiment within the broader crypto space has soured recently, contributing to a difficult environment for Stellar and other altcoins.
The cryptocurrency market has experienced heightened volatility, with several prominent coins such as Stellar (XLM), Solana (SOL), and Ethereum (ETH) showing signs of weakness. These assets have recently faced critical support levels breaking down, raising concerns about their future performance.
Stellar (XLM) has experienced a significant 30% price surge this month, which has reversed a previous month-long downtrend and revitalized market optimism. This rebound indicates strong bullish sentiment from traders, although the asset still faces challenges to sustain its upward momentum.
As it falls below important moving averages, Stellar finds itself in a difficult position: the asset's 50 EMA, a crucial support level during its most recent uptrend, has been broken below. By highlighting mounting bearish pressure, this move calls into question whether the recent price movements are sustainable.
Stellar price continues to struggle to climb above the psychological point at $0.50 as the mood in the crypto industry sours. Bitcoin has plunged to $92,000, while the market cap of all coins has fallen by 3.5% in the last 24 hours to $3.15 trillion.
The prices of XRP and XLM attempted to continue their bullish momentum, but it was short-lived. Now as the downturn progresses the prices are at key pivotal points.
Stellar (XLM) has recently managed to pull itself out of a month-long downtrend, which had created a bearish sentiment among investors.
The Stellar (XLM) price charts provided reveal intriguing short-term and long-term trends that highlight the cryptocurrency's momentum.
XLM's near term price action could depend on a few key factors.
Coins colloquially labeled as “dino coins” have dominated the weekend's crypto gains, with XRP, XLM, and ADA enjoying substantial upticks over the past 24 hours. Leading this resurgence is XRP, boasting an 8.9% increase against the U.S. dollar as of Saturday.
Stellar (XLM) has been consolidating since late November 2024, leading to several lower highs and suggesting profit-taking. However, between December 9 and January 11, the price action formed an inverse head-and-shoulders setup.
After a continuous price decline, the cryptocurrency market seems to be recovering, and Stellar (XLM) appears to be regaining its bullish momentum. In the past three days, XLM has experienced a price decline of over 18% and has also broken through its crucial support level of $0.403.
What is the Banana Zone theory? And how do its dynamics apply in the XRP and XLM rivalry example?
The rates of some coins are bouncing off today, according to CoinStats.
With weekly active addresses rising by 37% to 243,000, XLM has demonstrated impressive growth in its on-chain activity. Alongside this increase, weekly transactions have increased by a noteworthy 37.3%, reaching an impressive 38.
These tokens are once again prices more or less the same on Coinbase and Binance.
A few days ago, U.Today wrote about the possibility of Stellar token XLM outperforming its main sector rival, XRP. The gist of the prediction was that XLM would see its price conquer the 200-day moving average against XRP at 0.2 XRP for 1 XLM.
Stellar Lumens (XLM) has been a notable player in the cryptocurrency market recently, showing significant price action and generating strong interest among traders. In early January, the digital asset saw an impressive 45% increase, only to pull back slightly, creating an exciting opportunity for those looking to capitalize on a potential rebound.
Liquidation heatmap showed that a strong recovery could push XLM towards $0.50.
Stellar (XLM) is in the spotlight as over 2.9 billion tokens have been exchanged by participants on the cryptocurrency market. This comes after its price slipped below a critical support level of $0.4550.
In recent developments, Stellar (XLM) has surpassed Shiba Inu (SHIB) in the cryptocurrency market rankings. Stellar is ranked 15th among the top cryptocurrencies by market capitalization, with a market value of $13.15 billion, while Shiba Inu has dropped to 16th, with a current market valuation of $12.69 billion.
XLM price followed a contrarian trajectory on Wednesday, rising when the wider crypto market was down by over six percent. Will it hold?
Stellar [XLM] rallies 34%, but weakening indicators signal potential challenges to its bullish trend.
In a noteworthy development for Stellar (XLM), major crypto exchange Binance has announced the listing of new JPY trading pairs, including XLM/JPY. This move is expected to increase Stellar's exposure in the Japanese market, providing a boost to its trading volumes and overall market presence.
Stellar (XLM) has maintained an upside trajectory within the last seven days. Bitcoin's latest jump past $100,000 triggered significant gains for altcoins, extending XLM's weekly gains by over 40%. Stellar gained around 3% on its daily chart and looks ready for further uptrends.
Dogecoin has emerged from a recent period of consolidation and achieved a noteworthy price breakout, reaching $0.38. Although there are a few subtleties that could dampen the excitement surrounding this development, this move above the 50-day EMA suggests a possible change in momentum.
Stellar Lumens price continued rising on Monday, as Bitcoin crossed the resistance at $101,000 and as the crypto fear and greed index moved to the greed zone. Stellar (XLM) rose to $0.
The price of Stellar has risen by 3% today, with XLM's move to $0.4538 coming as its indicators flash strong buy signals. The post Stellar's XLM Price Jumps as Buying Momentum Builds – Could a ‘Golden Cross' Be Next? appeared first on Cryptonews.
Stellar (XLM) price has surged 34% over the past seven days, demonstrating strong bullish momentum. The coin is trading between critical levels, with resistance at $0.47 and support at $0.41, as investors await its next move.
Stellar (XLM) is rapidly closing in on Shiba Inu (SHIB) in the crypto market rankings after an impressive 35% price surge. The recent rally has propelled Stellar to 16th place with a market value of $13.65 billion, just behind Shiba Inu's $14.22 billion valuation.
Stellar (XLM) price has surged 35% over the past week, reflecting broader crypto market trends. Currently trading at $0.451, XLM recorded a 3% increase in the last 24 hours.
The new year has brought a fresh wave of optimism to the cryptocurrency market, with Stellar Lumens (XLM) making headlines by regaining 30% of its value. As the market continues to show signs of recovery, Bitcoin (BTC) faces challenges, and Shiba Inu (SHIB) breaks key technical resistance levels but struggles with upside potential.
SUI's recent market performances have placed it in an interesting position right now.
The year has begun well for Stellar Lumens as evidenced by the remarkable 30% price recovery. This spike occurs as XLM crosses the 50 EMA, a key sign of possible trend reversals and fresh market bullishness.
Stellar (XLM) is on a roll, with the price recently surging above $0.45, marking an impressive 32% rally so far this week. As of Friday, XLM continues to trade higher, suggesting that the momentum is not slowing down anytime soon.
XLM, the native token of Stellar, has experienced a significant 40% surge in the past three days of January 2025. This remarkable price increase within such a short period has drawn the attention of prominent investors and traders in the crypto space.
Buyers keep their pressure as most of the coins remain in the green zone, according to CoinMarketCap.
Stellar Lumens (XLM) experienced an impressive 270.11% move to the upside throughout the course of 2024. The cryptocurrency reached a yearly high of $0.5592 on December 2 — however, it saw a pullback earlier than most cryptocurrencies did — dropping to $0.3312 by the close of the year.