Stellar (XLM) Price Prediction 2022 – Will XLM Hit $0.5 Soon?
- Bullish XLM price prediction is $0.1562 to $0.3120.
- Stellar (XLM) price might also reach $0.5 soon.
- Bearish XLM price prediction for 2022 is $0.1006.
In Stellar (XLM) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about XLM to analyze the future movement of the cryptocurrency.
Stellar (XLM) Current Market Status
According to CoinGecko, the price of Stellar (XLM) is $0.125481 with a 24-hour trading volume of $734,836,766 at the time of writing. However, XLM has decreased by nearly 0.4% in the last 24 hours.
Moreover, Stellar (XLM) has a circulating supply of 25,233,045,352 XLM. Currently, Stellar (XLM) trades in cryptocurrency exchanges such as Binance, FMFW.io, Upbit, OKX, KuCoin and Coinbase Exchange.
What is Stellar (XLM)?
Stellar (XLM) is the native cryptocurrency of the Stellar network. The token is well-known as Stellar Lumens (XLM). Stellar is a peer-to-peer (P2P) decentralized payment network that was launched in 2014. Stellar Lumens (XLM) is used as the transaction fees on the network. It also serves as the intermediate payment currency across cross-bridgetransactions.
The supply of XLM and the network’s development is supported by Stellar Development Foundation (SDF), Stellar’s native non-profit organization. Stellar network secures its blockchain with Stellar Consensus Protocol (SCP). SCP is a modified consensus mechanism that is based on the Federated Byzantine Agreement (FBA). Hence, nodes are selected based on voting and later verify and validate transactions onto the distributed ledger.
The Stellar network also holds its own decentralized exchange. Stellar network bridges the off-chain financial institutions to the on-chain payment ecosystem. Thus, its prime motto is to accelerate the mission of banking the unbanked.
Stellar (XLM) Price Prediction 2022
Stellar (XLM) holds the 31st position on CoinGecko right now. XLM price prediction 2022 is explained below with a daily time frame.
The above chart of Stellar (XLM) laid out the Horizontal channel pattern. Horizontal channel also known as the sideways trend. In order to indicate how the price is constrained between the upper line of resistance and lower line of support, horizontal channels are trend lines that join changeable price highs and lows.
Currently, Stellar (XLM) is in the range of $0.1283. If the pattern continues, the price of XLM might reach the resistance levels of $0.1304, $0.1628 and $0.1850. If the trend reverses, then the price of XLM may fall to $0.1147 and 0.0998.
Stellar (XLM) Support and Resistance Levels
The chart below shows the support and resistance levels of Stellar (XLM).
From the above daily time frame, we can clearly interpret the following as the resistance and support levels of Stellar (XLM).
| Resistance Level 1 | $0.1562 |
| Resistance Level 2 | $0.2028 |
| Resistance Level 3 | $0.2413 |
| Resistance Level 4 | $0.3120 |
| Support Level 1 | $0.1300 |
| Support Level 2 | $0.1006 |
The charts show that Stellar (XLM) has performed a bullish trend over the past month. If this trend continues, XLM might run along with the bulls overtaking its resistance level at $0.3120.
Accordingly, if the investors turn against crypto, the price of Stellar (XLM) might plummet to almost $0.1006 a bearish signal.
Stellar (XLM) Price Prediction 2022 — RVOL, MA, and RSI
The Relative Volume (RVOL) of Stellar (XLM) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of XLM lies above the cutoff line, indicating strong participants in the current trend.
Also, the Moving Average (MA) of Stellar (XLM) is shown in the chart above. Notably, the Stellar (XLM) price lies above 50 MA (short-term), so it is in an uptrend. Currently, XLM has entered a bullish state. Therefore, there is a possibility of a reversal trend of XLM at any time.
Meanwhile, the relative strength index (RSI) of the XLM is 71.96. This means that Stellar (XLM) is in an overbought state. However, this means a major price reversal of XLM may occur in the upcoming days. So, traders need to trade carefully.
Stellar (XLM) Price Prediction 2022 — ADX, RVI
Let us now look at the Average Directional Index (ADX) of Stellar (XLM). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.
The above chart represents the ADX of Stellar (XLM). Currently, the ADX of XLM lies in the range of 26.0120 and thus, it indicates a strong trend.
The above chart also represents the Relative Volatility Index (RVI) of Stellar (XLM). RVI measures the constant deviation of price changes over a period of time. The RVI of XLM lies above 50, indicating high volatility. In fact, the RSI of Stellar (XLM) is at 71.96 thus confirming a potential sell signal.
Comparison of XLM with BTC, ETH
The below chart shows the price comparison between Bitcoin, Ethereum, and Stellar (XLM).
From the above chart, we can interpret that the price action of XLM is dissimilar to BTC and ETH. This indicates that when the price of BTC and ETH increases, the price of XLM decreases. When the price of BTC and ETH decreases, the price of XLM increases.
Stellar (XLM) Price Prediction 2023
If the declining price action completely slows down in momentum and the trend reverses, Stellar (XLM) might probably attain $1 by 2023.
Stellar (XLM) Price Prediction 2024
With several upgrades in the network, Stellar (XLM) might enter a bullish trajectory. If the coin grabs the attention of major investors, XLM might rally to hit $2 by 2024.
Stellar (XLM) Price Prediction 2025
If Stellar (XLM) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 3 years, XLM would rally to hit $3.
Stellar (XLM) Price Prediction 2026
If Stellar (XLM) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, XLM would rally to hit $4.
Stellar (XLM) Price Prediction 2027
If Stellar (XLM) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, XLM would rally to hit $5.
Stellar (XLM) Price Prediction 2028
If Stellar (XLM) holds up a strong stance as a better investment option for the next 6 years, it might witness significant price rallies. Thus, by 2028, XLM would hit $6.
Stellar (XLM) Price Prediction 2029
If investors flock in and continue to place their bets on Stellar (XLM), it would witness major spikes. XLM might hit $7 by 2029.
Stellar (XLM) Price Prediction 2030
With greater advancements in the Stellar ecosystem, the crypto community might continue to invest in Stellar (XLM) for the next 8 years and drive significant price rallies for the token. Hence, Stellar (XLM) might hit $8 by 2030.
Conclusion
With continuous improvements in the Stellar network, we can say that 2022 is a good year for XLM. For this reason, the bullish price prediction of Stellar (XLM) in 2022 is $0.3120. On the other hand, the bearish price prediction of Stellar (XLM) price prediction for 2022 is $0.1006.
Furthermore, with the advancements and upgrades to the Stellar ecosystem, the performance of XLM would help to reach above its current all-time high (ATH) of $0.875563 very soon. But, it might also reach $0.5 if the investors believe that XLM is a good investment in 2022.
FAQ
Stellar (XLM) is the native cryptocurrency of Stellar, a peer-to-peer (P2P) decentralized payment network that was launched in 2014.
Stellar (XLM) has been listed on many crypto exchanges which include Binance, FMFW.io, Upbit, OKX, KuCoin and Coinbase Exchange.
With the ongoing developments and upgrades within the Stellar platform, Stellar (XLM) has a high possibility of reaching its ATH soon.
On January 3, 2018 Stellar (XLM) reached its new all-time high (ATH) of $0.875563.
Stellar (XLM) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Stellar in the past few months, XLM is considered a good investment in 2022.
Stellar (XLM) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then Stellar (XLM) will hit $0.5 soon.
Stellar (XLM) price is expected to reach $1 by 2023.
Stellar (XLM) price is expected to reach $2 by 2024.
Stellar (XLM) price is expected to reach $3 by 2025.
Stellar (XLM) price is expected to reach $4 by 2026.
Disclaimer: The opinion expressed in this chart is solely the author’s. It does not interpret as investment advice. TheNewsCrypto team encourages all to do their own research before investing.
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