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XLM Price Prediction 2022: Market Analysis and Opinions

XLM Price Prediction 2022: Market Analysis and Opinions
© Copyright Image: Coindoo

The Stellar network is living up to its hype faster than investors expected, and these intrigues are shinning shimmering starlight on XLM price prediction 2022. While investors hope to see XLM price shooting for the moon with wild predictions, this XLM price prediction will keep each thesis in check. 

XLM is definitely a solid buy for 2022. The coin has steadily grown in value in 2021 – and astronomically since its humble beginnings in 2014. XLM investors are increasingly looking like a happy lot – perhaps this Stellar Lumen price prediction will only bolster this excitement. 

XLM Price Prediction | Introduction

At the time of writing this Stellar Lumens price prediction, XLM price was trading at $0.2004, according to CoinMarketCap. The market cap at this trading price is over $4.9 billion fully diluted to nearly $10 billion. 

Stellar Lumens was established to leverage blockchain technology to reach out to the unbanked by bringing banking operations to the fingertips of every phone user. The network will allow billions of users to store and move digital currencies across borders. 

The stellar network promises to be an open network where all the world’s financial systems can work together. One early XLM price prediction set 2022 as the target year for the Stellar Lumens network to become operations fully. Let’s consider the merits of each XLM price prediction 2022. 

XLM Price Prediction: Technical Analysis

Before making a Stellar Lumen price prediction, let’s consider the historical trading price of XLM. This analysis will help us to put a prediction into the context of recent price action patterns, thereby separating reliable predictions from the unlikely: 

MonthOpen PriceClosing PriceMonth High
December 2021$0.3357$0.2674$0.3632
November 2021$0.3728$0.3357$0.4403
October 2021$0.279$0.3728$0.4198
September 2021$0.3403$0.279$0.4311
August 2021$0.2847$0.3403$0.4098
July 2021$0.2832$0.2847$0.2841
June 2021$0.4027$0.2832$0.4478

XLM price has seen three major price upswings face blockade around the same hurdle. The recent rally failed to breach this barrier, sending XLM token to a steep correction as it sort-out support. This retracement seems to have found a stable support floor, indicating XLM is ripe for a reversal. 

The XLM price rallied 51% in Q2 of 2021. However, this XLM price move failed to sustain the bullish momentum as the fault line began to appear in bullish investor optimism, thereby leading to a massive correction that climaxes at the current support zone. 

So far, XLM has rallied on three occasions above the resistance barrier at $0.3621 and has retraced below it every single time. This correction from the recent rally is hovering around the weekly support level at $0.275, just below the 50-day moving average. 

A resurgence in buying pressure could be the key to triggering a 19% ascent to $0.32. While there is a good chance this hurdle could cap the upside to XLM price, a breach could see Stellar Lumen token price continue its journey north.

Source: TradingView

 

Short-term XLM Price Prediction: Technical Analysis

The $0.3621 resistance barrier has a slew of buy-stop liquidity resting above it, which is likely to become the objective of market markers pushing for a bullish XLM price prediction 2022. So, investors can anticipate this minor uptrend to extend to $0.3621, bringing the total advance to 30%.

On the other hand, if XLM fails to hold above the $0.275 support level, it will retrace to the daily demand zone, thereby extending from $0.275 to $0.211. Here, the bullish actors have a chance to make another comeback as side-lined buyers become active.

Source: TradingView

 If XLM price produces a daily candlestick close below $0.211, it will create a lower low, invalidating the bullish Stellar Lumen price prediction thesis. This price action could knock XLM down to the $0.11 support level. 

XLM Price Prediction: Market Opinions 

The ultimate Stellar Lumens price prediction will be investor-driven, and the bullish market sentiments will manage the drive at every barrier. This XLM price prediction 2022 has established that investors, influencers, and industry experts have made their own predictions concerning XLM. 

In this section, let’s consider each prediction and analyze it against the backdrop of the technical analysis above. Even though each forecast is based on assumptions, they offer valuable insights into the mentality of buyers going into 2022. 

XLM Price Forecast for January – February

TradingBeast

TradingBeast Stellar Lumens price prediction maps identify headwinds XLM could overcome as it hovers around a high time frame support level. This XLM price forecast for January – February eyes a retest of the resistance barrier, which could signal the start of an impressive run for $0.3365.

Long Forecast

Long Forecast determines XLM could maintain the bullish momentum, but bearish players eye a correction on the resistance barrier of $0.27. The XLM price forecast for January – February shows a bearish intention as it could bounce off to $0.21 on impact at this significant hurdle. 

XLM Price Forecast for the Rest of the Year

WalletInvestor

WalletInvestor eyes a local bottom forming on XLM price chart with significant upside potential to send the token to $0.442. This XLM price forecast for the rest of the year predicts XLM consolidation will produce a trend change on a crucial support level.

DigitalCoin

DigitalCoin forecasts a strong bullish showing as XLM price finds a launchpad in early 2022 in its XLM price prediction. The forecast proposes XLM price is contemplating a direction at crucial support that will trigger an uptrend for an XLM price forecast for the rest of the year at $0.3035.

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XLM Price Forecast for the Next Year

PricePrediction

PricePrediction predicts XLM price will set up a base before rallying to a bullish XLM price prediction. Investors should anticipate a massive run-up once the token starts teetering off its support zone at $0.32 and $0.33, according to this XLM price forecast for the next year, eying $0.40 within a year.

Gov.Capital

Gov.Capital suggests XLM is at an inflection point. XLM is likely to retest $0.5 within a year. XLM price has seen a massive uptick in buying pressure and shows signs this trend could continue, further validating this bullish XLM price forecast for the next year. 

Cryptocurrency Experts and Influencers 

Moe Crypto XLM price prediction proposes Stellar Lumen token price is ready for another massive rally that could test $1.30, with the likelihood to test $2.10 on intense buying pressure. This XLM price target could develop on a higher time frame, suggesting that a bull rally is on its way. 

BLKOPALInvestments XLM price prediction 2022 suggests XLM price is due for an exciting year. The prediction sees a considerable rise within the year and shows the bearish outlook might be nearing its end as soon as XLM finds its footing at the current support zone.  

Latest News and Happenings Concerning XLM

Stellar Lumens ecosystem is continuing its expansion drive as it seeks to become efficient and furnished for cross-border payment and remittance from Europe to Africa and the world. Recently, Stellar announced that Africa’s largest startup is tapping its chain for cross-border payments. 

Flutterwave, a global payments technology company, is launching two new remittance corridors between Europe and Africa on stellar. In collaboration with TEMPO, the startup will leverage stellar for efficient remittance in Africa and bring more liquidity for XLM. 

FAQ:

Can XLM Reach $10?

Yes. XLM will eventually reach $10 within the decade based on this Stellar Lumen price prediction. The timing of this crossover is the question as key fundamental events are set to take place in the next few years, which will likely trigger this massive price surge. 

How Much Is XLM Worth in 2025?

Stellar Lumen price prediction for 2025, according to PricePrediction is $1.22. There are certain factors that could aid XLM token price in this price surge, including greater acceptance of the token in remittance and cross-border payments by businesses. 

Does XLM Coin Have a Future?

Yes. So far, in 2021, the price of XLM has topped $0.80 before falling to the current support level of around $0.20. While the future of Stellar is still very much uncertain, it is on the cusp of mainstream acceptance, which could set the stage for bullish XLM price prediction 2022. 

XLM vs. XRP: Which One Is the Best?

Both are tokens focusing on cross-border transactions with unique successes and failures, differentiating one from the other. While caters more to merchants dealing with banks, XLM targets the unbanked population. One similarity between them is that XRP price prediction and XLM price prediction are looking good.

XLM Price Prediction: Verdict

This XLM price prediction shows that the XLM token has a strong investment-grade rating. Stellar has delivered incredible performance over the year, and the same could continue well into 2022. It is a solid asset to balance out any portfolio. 

Even if other altcoins are more popular, like Dogecoin or Ethereum, XLM is still one of the best, with a forecast that is similar to Polkadot price prediction.

Note: This post was originally published on 18 March 2021 and has been totally updated for the completeness and veracity of the content on 25 January 2022.

The post XLM Price Prediction 2022: Market Analysis and Opinions appeared first on Coindoo.

Read more: https://coindoo.com/xlm-price-prediction/

Text source: Coindoo

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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