BTC $38767.44 (2.69%)
ETH $2675.07 (8.18%)
USDT $0.99 (-0.0%)
BCH $532.85 (1.06%)
BSV $137.37 (1.74%)
LTC $138.65 (1.56%)
BNB $328.42 (2.25%)
ADA $1.36 (2.56%)
DOGE $0.19 (1.40%)
BTC $38767.44 (2.69%)
ETH $2675.07 (8.18%)
USDT $0.99 (-0.0%)
BCH $532.85 (1.06%)
BSV $137.37 (1.74%)
LTC $138.65 (1.56%)
BNB $328.42 (2.25%)
ADA $1.36 (2.56%)
DOGE $0.19 (1.40%)

Stellar Lumens (XLM) Price Prediction 2021 – Will XLM Reach $0.5 in 2021?

Stellar Price Prediction
  • Bullish XLM price prediction ranges from $0.3 to $0.47.
  • XLM price might also reach $0.5 soon.
  • XLM bearish market price prediction for 2021 is $0.2.

This Stellar lumen (XLM) Price Prediction 2021 article is based on technical analysis alone. Below, you will see the key metrics that we have taken into consideration upon coming up with our XLM price analysis and prediction.

In the midst of the current crypto bull run, many are asking if the alt season is approaching fast. If so, many altcoins in 2020 which have seen better days may enjoy long rallies in 2021. Among them is XLM, a cryptocurrency that has tremendous potential. In fact, many are asking if XLM is a good investment in 2021. We will find out the answer shortly.

But before we proceed to our Stellar (XLM) price analysis, let us first find out what is Stellar (XLM).

Overview

CryptocurrencyStellar
Ticker SymbolXLM
XLM Price$0.2931
All-Time High$0.875563
All-Time Low$0.00047612
Market Cap$6,111,151,655.04
Trading Volume $403,509,411.05
Circulating Supply23,344,746,588 XLM
Total Supply50,001,802,989 XLM
Max Supply50,001,806,812 XLM

What Is Stellar Lumens (XLM)?

Stellar is a blockchain ecosystem that focuses on finance. Essentially, it is similar to Ethereum, TRON, and EOS in that it allows others to use its blockchain. It also enables developers to create their own tokens. However, Stellar concentrates only on payments and peer-to-peer (P2P) transfers.

Ripple Co-Founder Jed McCaleb founded Stellar.org, the main entity behind the Stellar blockchain. In a way, Stellar is similar to Ripple in that they both focus on finance. However, Stellar aims to minimize transactions to encourage people to use it instead of more traditional means.

Lumens (XLM) is the native token of Stellar. It has a maximum supply of 50 billion XLM. It is also the chief utility asset in the Stellar blockchain. However, Stellar also allows people to create tokens on its blockchain alongside XLM.

Now that we have answered the question “What is Stellar (XLM)?”, let us proceed to our Stellar (XLM) price analysis.

Stellar Lumens (XLM) Current Market Status

As of the time of writing this Stellar price analysis, XLM trades at $0.2449 with a 24-hour trading volume of $297,264,989. The price of XLM has increased by 1.2% in the last 24 hours.

Furthermore, XLM has a current circulating supply of 23.27B XLM. Currently, the top cryptocurrency exchanges for XLM are Binance, ZBG, OKEx, CoinTiger, and Huobi Global

Now, let’s proceed to the next part of this XLM technical analysis for 2021.

Stellar Lumens (XLM) Price Analysis 2021

Currently, Stellar holds 20th place on CoinMarketCap. But will the latest upgrades, development, and changes in the XLM blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this XLM price prediction article.

XLM USDT chart showing Channel Trend pattern
XLM/USDT chart showing Channel Trend pattern (Source: TradingView)

In the chart above, which is set in a daily time frame, we can see the Descending Channel Trend pattern. A descending channel is the price action that takes place in a downward direction through a sloping parallel line. More so, the chart shows the Lower Highs and Lower Lows from this price pattern. Moreover, this pattern represents a short-term bearish.

As shown above, at the beginning of this month, XLM turned from its bear to bull trend. This is the result of the high trade volume that happened in that period.

The Relative Strength Index (RSI) is at 38.21, which means that XLM is in an oversold state. Hence, this may lead to a price reversal at any given time. 

XLM Relative Strength Index
XLM Relative Strength Index (Source: TradingView)

Therefore, traders must trade crypto carefully and must not be affected by the market hype. Keeping all this in mind, traders can be aware and move away from unexpected losses due to the crypto market’s wild swings.

Let us also look at the Simple Moving Average (SMA) and the Exponential Moving Average (EMA) of XLM.

XLM 30-day SMA and 50-day EMA xrp
XLM 30-day SMA and 50-day EMA (Source: TradingView)

Since the start of 2021, XLM’s price has seen many bullish moves which are higher than the previous one. More so, these are followed by fluctuations, consolidation, and corrections right away. Taking this into consideration, XLM has a competitive market this 2021.

Stellar Lumens (XLM) Price Prediction 2021

The chart below shows that Stellar has performed great over the past few days. If this trend continues, XLM might run along with the bulls, overtaking its $0.39 resistance level and climb higher.

XLM USDT Price Chart
XLM/USDT Price Chart (Source: TradingView)

Conversely, if the investors turn against the crypto, the bears might take over and dethrone XLM from its uptrend position. In simpler terms, the price of XLM might plummet to almost $0.39, a bearish signal.

Meanwhile, our long-term XLM price prediction for 2021 is bullish. It has a high possibility of reaching new heights. However, that will only happen if it breaks many previous psychological resistances.

Stellar Lumens (XLM) Price Prediction 2022

If this bullish trend continues, Stellar will reach $0.5 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $0.55. Then this rise will slow down, but no major falls are expected. With upcoming, partnership, and developments reaching $0.5 is quite optimistic in the price point of view but undoubtedly feasible for the near future.

Stellar Lumens (XLM) Price Prediction 2023

If XLM holds the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $0.6, making it not plummet but play consistently.

Stellar Lumens (XLM) Price Prediction 2024

As per the latest upgrades, developments, XLM price prediction, and new project forecasts of the platform, XLM investors could expect many partnerships and integrations around 2024. Moreover, this might boost the price of XLM in the crypto market, and it will be the best investment as the price can spike and reach around $0.7.

Stellar Lumens (XLM) Price Prediction 2025

In the next four years, XLM’s price could race up to $0.9. However, reaching this level could not be so difficult for XLM as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that XLM has a high possibility of reaching new ATH soon in the next five years as per the prediction.

Conclusion

Stellar has a bright future ahead of it in 2021. With the ongoing developments happening within the XLM ecosystem, as well as in the overall crypto market, we may see XLM reach new heights.

Bullish XLM price prediction 2021 is $0.39. As said above, it may even reach $0.47 if investors have decided that XLM is a good investment in 2021, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is XLM?

Stellar is a blockchain ecosystem that focuses on finance. Essentially, it is similar to Ethereum, TRON, and EOS in that it allows others to use its blockchain.

How to Buy XLM Tokens?

Users can obtain XLM tokens by purchasing them from cryptocurrency exchanges such as Binance, or CoinTiger.

Will XLM Surpass its Current ATH?

XLM is a good investment in 2021. However, XLM has a high possibility of surpassing its current ATH at about $0.93 this year.

Can XLM reach $0.47 soon?

Yes, it’s very much possible that XLM might reach $0.47 in the near future as per the current bullish trend.

What will be the Stellar (XLM) price by 2022?

Stellar (XLM) price is expected to reach $0.5 by 2022.

What will be the Stellar (XLM) price by 2023?

Stellar (XLM) price is expected to reach $0.6 by 2023.

What will be the Stellar (XLM) price by 2024?

Stellar (XLM) price is expected to reach $0.7 by 2024.

What will be the Stellar (XLM) price by 2025?

Stellar (XLM) price is expected to reach $0.9 by 2025.

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

Recommended Articles

Crypto trading has enticed Alyssa Wiselin to write for CoinQuora. She consistently contributes news and feature articles. She has covered several different blockchain and crypto niches, especially altcoins.