Stellar Lumens Price Prediction – Will XLM Price Hit $0.5 Soon?

Stellar Lumens (XLM) is one of the more generally known crypto projects, so it's stressing to see that XLM's value has not completely recuperated after the 2021 summer droop.

This Stellar lumen (XLM) Price Prediction article is based on technical analysis alone. Hence, no information in this article should be considered investment advice.

Stellar Lumens (XLM) Current Market Status

As of writing this article, XLM sells at $0.3414. The 24-hour trading volume hit $487,923,845. However, the price has decreased by 2.28% during the last 24 hours.

Moreover, the current supply of Stellar Lumens stays at 24.30B XLM.

Stellar Lumens (XLM) Price Prediction 2021

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

If this pattern continues, stellar (XLM) price will result in a bullish trend overtaking its $0.39 resistance level and climbing higher.

On the other hand, our analysis has proven that XLM bearish price can hit $0.2.

Stellar Lumens (XLM) Price Prediction 2022

If this bullish trend continues, stellar (XLM) price can 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, partnerships, and developments reaching $0.5 is quite optimistic in the price point of view but undoubtedly feasible for the near future.

Conclusion

Stellar Lumens (XLM) has a bright future. With the ongoing developments, we can expect XLM will reach its peak soon.