Stellar Lumens [XLM] is on a roll, with the coin rising over 6 percent in the last week alone. Apart from the rising adoption of Stellar Lumens [XLM], broader bullish trends in the market are also supporting positive sentiment.
The crypto initially found support at $0.219 and continued gaining further. The coin breached the current resistance level, which can be traced at $0.232. XLM is currently inching closer to the $0.24 mark.
The 100 EMA line, at the time of writing, showed that the digital currency was in an uptrend. The MACD indicated that the coin was trading in bullish territory. The virtual asset was exhibiting a significant trading range of $0.224-$0.238. As of 2015 GMT, XLM had climbed 7.5 percent against the U.S. dollar to trade at $0.236.
At the time of writing, the coin had gained close to 2 percent against BTC. Currently, one XLM is equivalent to 0.000033 BTC.
Stellar Lumens [XLM] Price Prediction 2018
- Investing Haven has predicted that the coin could be worth $4 this year, as long as there aren’t any major security flaws and the overall sector preforms well.
- According to Monetize.info, the crypto’s price could reach $2-$3 this year. The Economy Forecast Agency, which has a more conservative prediction, has forecast that the virtual currency will drop to $0.15 this year.
Stellar Lumens [XLM] Latest Updates
The coin continues to have a progressive year as Stellar Expert, a blockchain explorer and analytics platform, said that Stellar Lumens has over 1 million accounts on its ledger. As per the data, more than 300,000 accounts were added in the month of August.
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