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 down -3.96% today against the US Dollar
XLM/BTC decreased by -3.18% today
Stellar is currently trading 42.13% below our prediction on Oct 08, 2024
Stellar dropped -4.21% in the last month and is down -20.92% since 1 year ago
Stellar price $ 0.089664 Stellar prediction $ 0.154940 (73.13%) Sentiment Bearish Fear & Greed index 37 (Fear) Key support levels $ 0.089799, $ 0.088288, $ 0.085622 Key resistance levels $ 0.093976, $ 0.096642, $ 0.098152
XLM price is expected to rise by 73.13% in the next 5 days according to our Stellar price prediction
Stellar price today is trading at $ 0.089664 after losing -3.96% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -4.18% in the same time period. XLM performed poorly against BTC today and recorded a -3.18% loss against the world’s largest cryptocurrency.
According to our Stellar price prediction, XLM is expected to reach a price of $ 0.154940 by Oct 08, 2024. This would represent a 73.13% 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 -4.21% in the last 30-days. The medium-term trend for Stellar has been bullish, with XLM increasing by 14.66% in the last 3 months. The long-term picture for Stellar has been negative, as XLM is currently displaying a -20.92% 1-year price change. On this day last year, XLM was trading at $ 0.113390.
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 3.29. Stellar recorded 18 green days in the last 30 days.
Stellar technical analysis for today - Oct 03, 2024
The sentiment in the Stellar markets is currently Bearish, and the Fear & Greed index is reading Fear. The most important support levels to watch are $ 0.089799, $ 0.088288 and $ 0.085622, while $ 0.093976, $ 0.096642 and $ 0.098152 are the key resistance levels.
Bearish sentiment for Stellar
4 indicators are currently signaling a bullish prediction for Stellar, while 28 indicators are showing a bearish forecast. With 87% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Stellar.
Crypto market is currently experiencing Fear
Currently, the Fear & Greed index is at 37 (Fear), which signals that investors have a negative 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 $ 0.094569 (SELL) $ 0.096402 (SELL) - - MA5 $ 0.097261 (SELL) $ 0.096066 (SELL) - - MA10 $ 0.098472 (SELL) $ 0.096164 (SELL) - - MA21 $ 0.097340 (SELL) $ 0.096756 (SELL) $ 0.043255 (BUY) $ 0.100985 (SELL) MA50 $ 0.095406 (SELL) $ 0.097647 (SELL) $ 0.095585 (SELL) $ 0.107876 (SELL) MA100 $ 0.096311 (SELL) $ 0.100573 (SELL) $ 0.096082 (SELL) $ 0.119903 (SELL) MA200 $ 0.105871 (SELL) $ 0.105943 (SELL) $ 0.132244 (SELL) $ 0.133020 (SELL)
Period Value Action RSI (14) 38.96 NEUTRAL Stoch RSI (14) 0.00 BUY Stochastic Fast (14) 9.36 BUY Commodity Channel Index (20) -66.67 NEUTRAL Average Directional Index (14) 20.80 NEUTRAL Awesome Oscillator (5, 34) 0.00 NEUTRAL Momentum (10) 0.00 SELL MACD (12, 26) 0.00 NEUTRAL Williams Percent Range (14) -90.64 BUY Ultimate Oscillator (7, 14, 28) 41.65 NEUTRAL VWMA (10) 0.10 SELL Hull Moving Average (9) 0.10 SELL Ichimoku Cloud B/L (9, 26, 52, 26) 0.09 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 38.96, 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 73.13% to hit our $ 0.154940 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.
