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XLM Price Jump Explained: Possible Advance Towards $0.60

Stellar's (XLM) momentum surges due to a bullish trend, as significant accumulation and imminent short position liquidations drive a potential 30% price increase.

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XLM Experiences 15% Price Increase - is a potential $0.60 milestone within reach?
XLM Experiences 15% Price Increase - is a potential $0.60 milestone within reach?

XLM Price Jump Explained: Possible Advance Towards $0.60

Stellar (XLM) Poised for Bullish Run, Approaching $1 in 2025

In a promising development for cryptocurrency investors, Stellar (XLM) is showing signs of a significant bullish trend. The Relative Strength Index (RSI) for XLM currently stands at 63, indicating potential for continued upside momentum without entering overbought territory.

Charts are flashing a 'Supertrend' indicator, a bullish signal, indicating strong buying pressure for XLM. This is further supported by the fact that traders are heavily betting on the bullish side of XLM.

Recent price action and historical patterns suggest that if this momentum continues, the asset could soar by 30% and may reach the $0.60 level. Moreover, within the current pattern, there is a strong possibility of a price surge at least equal to the pole, which suggests a potential 50% rally, reaching the $0.70 level.

XLM has successfully broken out of a bullish flag and pole pattern, a bullish sign that the asset is ready for a significant price increase. Bulls are dominating the XLM market, with a strong possibility that $3.46 million worth of short positions may be liquidated.

Trading volume for XLM has surged 292% compared to the previous day, indicating increased investor interest. Over $2 million worth of XLM tokens have left exchanges in the past 24 hours, suggesting potential accumulation by investors and long-term holders, as shown by on-chain tool CoinGlass.

At the time of writing, XLM surged 15.25% over the past 24 hours and reached the $0.4610 level. At these levels, traders have built $22.27 million worth of long positions and $3.46 million worth of short positions.

While some bold predictions have surfaced on XLM, with some expecting $0.90, others predicting $1, and some even claiming $1.59 is possible, most recent forecasts suggest that a realistic expectation for Stellar (XLM) in 2025 is to reach price levels around $0.70 to $1.00.

According to multiple price predictions, the maximum price around $0.79 in 2025 is suggested by Cryptopolitan, with an average price near $0.66 and potential lows around $0.10, indicating sideways to moderately bullish movement. CoinCodex and DigitalCoinPrice project XLM could hit approximately $0.91 to $1.11 by 2026, which supports the possibility of nearing $1 within the year following 2025.

Coinpedia offers a more bullish 2025 outlook, with XLM potentially reaching $1.29 in 2025, driven by technical upgrades like Protocol 23 that enhance scalability and developer engagement. However, predictions for prices above $1.50 tend to be long-term forecasts (beyond 2029), where some sources expect XLM to reach $2 to $3 or higher.

In summary, considering current bullish sentiment and ongoing technical improvements, Stellar Lumens (XLM) could feasibly approach or slightly surpass $1 within the next year or two but is unlikely to hit $1.59 imminently. Investors should monitor market conditions and protocol developments closely.

[1] Cryptopolitan, (2021). Stellar Lumens Price Prediction 2025: Will XLM Reach $1? https://cryptopolitan.com/stellar-lumens-price-prediction-2025-will-xlm-reach-1/

[2] Coinpedia, (2021). Stellar Lumens Price Prediction 2025: XLM Could Touch $1.29 This Year! https://coinpedia.org/stellar-lumens/stellar-lumens-price-prediction-2025/

[3] DigitalCoinPrice, (2021). Stellar Lumens (XLM) Price Prediction 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050. https://digitalcoinprice.com/price-of/stellar-lumens/

[4] CoinCodex, (2021). Stellar Lumens (XLM) Price Prediction 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050. https://coincodex.com/price-prediction/stellar-lumens/

[5] TradingBeasts, (2021). Stellar Lumens Price Prediction 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050. https://tradingbeasts.com/blog/post/stellar-lumens-price-prediction/

  1. With the positive technical analysis indicators for Stellar (XLM), some investors are considering investing in other emerging crypto tokens, demonstrating the influence of the finance sector on technology-driven markets.
  2. The potential bullish run of XLM has sparked interest in Solana (SOL), another scalable blockchain project, as traders seek out promising projects in the cryptocurrency market.
  3. Some analysts are advising traders to keep a close eye on market sentiment for both XLM and SOL, as their performance may impact the broader crypto exchange landscape.
  4. As a result of the recent bullish trend in XLM, there has been a shift in the focus of financial news outlets from discussing Bitcoin dominance to the potential growth of altcoins like XLM and SOL, indicating a changing landscape in the finance and technology sectors.

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