Stellar Price Prediction
Stellar
XLM
€0.3567
dropped from the 20-day SMA (USD 0.42) on Monday, indicating that sellers are offloading during rallies.
XLMUSDT
Perp
0.21154
-2.43%
The XLM/USDT pair could fall to the 50-day simple moving average (SMA) (USD 0.34), which is likely to attract buyers. A bounce from the 50-day SMA could keep the pair range-bound between the moving averages for some time.
The next trend movement is expected to begin with a breakout above the 20-day SMA or below the 50-day SMA. A surge above the 20-day simple moving average (SMA) indicates that the correction may have ended, while a drop below the 50-day simple moving average (SMA) could sink the price of XLM to USD 0.29.