(XLM) for 2020 - 2030/KENNY16

By CryptoItachi | Kenny16 | 30 Nov 2020

XLM Price History
To make a prediction on stellar, we have to look at the historical data. Stellar is a high quality project which was created in 2014 and which continues to develop until today.

In 2014, it was hardly possible to predict that the future price of XLM would reach almost a dollar. But let's review the price of the early stages of this cryptocurrency.773c5f46e90b7929e37d231ac64ed7c94e522243cc93671fac418a7ac5e46334.png

Weekly logarithmic graph of stellar (XLM) 2014-2017.

In 2014, when the first coin appeared on the stock exchange, the asset's price was looking for real value. In November 2014, as the currency approached $ 0.0012, investors showed interest and reduced the value of the coin to $ 0.01 in December 2014. This is the first time that the value of stellar lumens (XLM) has been multiplied by ten. After hitting this peak, the price of XLM dropped. It was only in August 2015 that XLM retested the previously established floor and slightly crossed it. From then until April 2017, stellar lumens traded between $ 0.0012 and $ 0.0038.

Daily logarithmic graph of stellar (XLM) 2017-2018.

In April 2017, XLM broke the resistance of $ 0.0038 as the bullish momentum pushed the price to $ 0.073 per coin. It was the second push up, multiplying over 19 times!6d18ea0eed2adfdf0ea7878017ff759619f992b61888c10d0246445848e4b536.jpeg

Just after hitting a new high, the price of XLM was dragged lower by bullish momentum in bitcoin, reaching $ 0.0063 on September 15, 2017. A day later, it rebounded above 0, 01 $. In September 2017, the upward momentum resumed, and on January 4, 2018, the price shot up to nearly $ 1, reaching an all-time high. At this euphoric moment in cryptocurrency history, it was hard to imagine the suffering that awaited XLM in the future.

Weekly logarithmic graph of stellar (XLM) 2018-2020.

XLM technical analysis
XLM weekly chart.

To highlight the importance of the current price movements on XLM, we will be looking at the weekly chart.

From a weekly standpoint, the 12 exponential moving averages crossed the 26 exponential moving averages in May 2020. This is a bullish cross, and it is the first such cross since June 2018. A trend the decline of nearly two years has finally been reversed, a good sign that stellar lumens will go up. The only remaining resistance to assert an uptrend is the 200 moving average. Once the asset price manages to break above the 200 moving average (around $ 0.115), we can expect a strong rally. bullish.50cbe7e3743ee484b6756484eeca38c75f7321e17d4a2bd5a73ca2474b3aa5fb.jpeg

2018 stellar lumens price prediction
In January 2018, stellar lumens (XLM) hit an all-time high. But since the price peaked at $ 1, the cryptocurrency has fallen to $ 0.16 in early April 2018. At the end of the same month, XLM has rebounded to $ 0.46. It came back down $ 0.16 later in July 2018 and fell to $ 0.33 in the same month. Until November 2018, XLM was trading between $ 0.28 and $ 0.17. At the end of the year, stellar broke the support of $ 0.16 and closed in a strong downtrend, trading at $ 0.10 per XLM.42bd327046ab3f8bdc0590bedef481fad2cebf10674c00a16e53a249b5c9cbb8.jpeg

2019 stellar lumens price prediction
In early 2019, stellar continued its downtrend and rebounded from the low of $ 0.07 in February. In May 2019, XLM hit a high of $ 0.16 and resumed its downtrend. The rest of the year has been very bearish for stellar; in December 2019, the price dropped to $ 0.039 per coin.

Stellar Lumens (XLM) Price Prediction for 2020, 2021, 2025, 2030
Finally, we can tackle probable scenarios on stellar lumens (XLM) price prediction for 2020, 2021, 2025 and 2030.

XLM Price Prediction by Trading Beasts for 2020, 2021, 2025, 2030
According to Trading Beasts forecast, the price of XLM will increase in 2020. The current price of XLM is $ 0.100621. At the end of 2020, the average price of stellar is expected to be $ 0.11. For the next several years, the price of $ 0.11 is the floor of XLM. According to their price predictions, lumen coins are expected to reach $ 0.19 by 2023.

XLM Price Prediction by WalletInvestor for 2020, 2021, 2025, 2030
WalletInvestor has proven itself to be the most bearish price prediction service once. They don't expect XLM to go over $ 0.20 this year. According to their forecasts, $ 0.20 could be the cap for years to come. WalletInvestor predicts that in the future, stellar could reach $ 0.002 by 2025.

WalletInvestor's forecast of the price of stellar for 2020 - 2021.128d6223dbf59d1600e42445d5e3ce8a4a784ec379b2e1ee507f67f3ecfb8b32.jpeg

XLM Price Prediction by LongForecast for 2020, 2021, 2025, 2030
The LongForcast forecasting service agrees with the previous stellar coin price prediction that we should not expect a significant increase in the years to come.

How do you rate this article?



Hello - Subsribes. Thanks =)


Space. 👻 Investments. 💲 Cryptocurrency🏹 🔥 Kenny16 - Cryptocurrency in simple language. 🐛 Register on Baybit 👉👉👉

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.