XLM/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this XLM/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Stellar (XLM) was also in the green in today’s session, after two consecutive days of price declines.
XLM/USD peaked at 0.1154 earlier in the day, which comes less than 24 hours after falling to a low of 0.1122.
As a result of the decline, bulls continued to push the token away from a recent floor at 0.1100, and back on course toward resistance at 0.1320.
Today’s rebound was helped by the RSI reaching a floor of its own at 37.00, and it is now tracking at 39.87.
A ceiling at 44.00 now awaits bulls and could be the main hurdle preventing further gains this weekend.
I have tried to bring the best possible outcome to this chart.
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Xlmbtc
XLM/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this XLM/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- On the other side of the spectrum was stellar (XLM), which dropped by over 8% in today’s session.
XLM/USD bottomed out at 0.1195 on Wednesday, less than 24 hours after residing at a high of 0.1318.
This drop in price saw the token fall for a third consecutive day, falling below a floor of 0.1200 in the process.
It appears that today’s sell-off coincided with the RSI failing to remain above a point of support at 49.00.
Price strength is now tracking at 44.53, with the next visible zone of stability around the 37.00 region.
In the event that this level is reached, XLM will likely be trading under 0.1100.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
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XLM/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this XLM/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Stellar (XLM) rose to a three-day high today, as bulls continued to target a key price ceiling.
XLM/USD hit a high of 0.1271 earlier in the day, less than 24 hours after trading at 0.122.
The move comes as the 10-day (red) moving average approaches an upward crossover with its 25-day (blue) counterpart.
This is the closest that stellar traders have come to taking the price over a resistance zone of 0.1300 since Tuesday.
Today’s surge came as the 14-day RSI broke free of a ceiling at 49.00, moving to a current level of 51.08.
earlier gains have marginally eased, with XLM now trading at $0.1253.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
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XLM/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this XLM/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- XLM was one of the biggest movers, as the cryptocurrency rose by as much as 7% in today’s session.
After trading at a low of 0.1147 on Sunday, XLM/USD moved to an intraday peak of 0.126 earlier in the day.
This surge sees a stellar climb higher for a second consecutive day, following a rebound from a floor of 0.110.
Earlier gains have already begun to ease, which comes due to the relative strength index (RSI) colliding with a ceiling of 49.00.
the index is now tracking at 49.48, with the next point of resistance around 54.00.
Overall, bulls seem to have set their sights on the 0.135 level.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Keep an eye on $XLM/USDTThis chart specifically pertains to a projected extended period of rising prices and positive market sentiment, often referred to as a "bull run." It focuses on forecasting favorable market conditions over a significant time frame.
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XLM/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this XLM/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Stellar (XLM) rose higher on Saturday, following a recent six-day losing streak which pushed the price to a multi-month low.
XLM/USD climbed to an intraday peak at 0.12 earlier in today’s session, which comes following a low of 0.1115 the day prior.
The move comes as Stellar continued to move away from a support point at 0.110, which was hit on Thursday.
This was the first time the price collided with this floor since mid-June and comes as the relative strength index (RSI) hit its own floor at 30.00.
the index has also rebounded and is now tracking at 34.84, which is marginally below a ceiling of 36.00.
Should it push past this point, the next likely price target will be around a ceiling of $0.1340.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
XLM/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this XLM/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Additionally, Stellar (XLM) was another token in the green on Monday, as it continued to move away from a floor of 0.1345.
Following a low at 0.1380 on Sunday, XLM/USD rallied to an intraday high of 0.1431 earlier in the day.
This is the third straight session that Stellar has traded higher and comes despite a recent downward crossover of moving averages (MA).
the 10-day (red) MA moved below its 25-day (blue) counterpart, which is typically a bearish signal.
Even though momentum has shown signs of weakness, XLM bulls will likely continue to target exits at a ceiling of 0.1600.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Stellar (XLM) Rising to the NorthernTrend Bullish Signal
Stop at support
XLM’s price has hiked significantly over the last few years. Back in 2018-2019, it kept falling below its previous ATH of around $0.93 (recorded in early January 2018). It was only in 2021 that its price again rose, hitting a price level of over $0.7 around mid-May. However, as the cryptocurrency market collapsed in the second quarter of 2022, XLM went into a bearish dive.
At press time, XLM was changing hands at $0.088468, with a market cap of $2.1 billion.
Here’s when Stellar (XLM)price action will turn north
The price of Stellar Lumens (XLM) has dropped since the beginning of April and is in the process of creating its fourth consecutive bearish candlestick. Going by the general trend in the crypto-market right now, we should be prepared for more bearish movement from the token.
At press time, XLM was trading at $0.08848.
On April, Brazil’s central bank launched the pilot for its experimental central bank digital currency (CBDC). The test for Brazilian CBDC, Digital Real, is taking place on the Stellar blockchain network.
Soon thereafter, Pendulum announced the release of the Spacewalk bridge that connects the Polkadot infrastructure to Stellar’s blockchain so Polkadot can access fiat and stablecoin currencies. The Spacewalk bridge will allow Polkadot to access the entire infrastructure created by Stellar, especially that related to cross-border payments.
Stellar is today one of the best platforms for facilitating faster and easier international financial transactions. It is based on a decentralized on-chain protocol. Stellar users trade in Lumens (XLM) which is the platform’s native cryptocurrency.
Another important feature of Stellar is that individuals are more interested in Stellar than organizations, as it is a platform for small-amount payments. It is gaining popularity due to its simple user interface.
Stellar enables real-time transactions to occur anywhere in the world in as little as five seconds. A new smart contracts platform called Soroban has released its second preview. The upgrade intends to increase platform developer friendliness, scalability, and sensibility.
Last year, Ethereum transitioned from the proof-of-work (PoS) to proof-of-stake (PoS) consensus mechanism following the Merge. A major reason for this step was claimed to be the adoption of eco-friendly processes. In this regard, Stellar is very promising, as it has a smaller carbon footprint. Its authentication cycle is also fast, keeping energy use to a minimum.
Acting as a decentralized currency exchange, Stellar helps you track all of your assets with an order book. You can sell, buy and manage all of your assets here, with XLM acting as an intermediate currency for paying transaction fees. The currency is very useful for the users because it helps you reduce transaction costs.
Transactions on the Stellar platform are performed swiftly due to the ease of Lumens. The currency not only makes transactions seamless for the sender and the recipient but also ensures that transactions are secure.
Jed McCaleb, Co-founder, and CTO of Stellar said in an interview with CoinMarketCap that XLM is used in a fundamental way for the network.
XLM is listed on a number of crypto exchanges including Binance, eToro, Huobi Global, CoinTiger, FTX, and OKEx. This shows that the currency is an increasingly accepted choice of investors now.
A total of 100 billion XLMs were issued when the Stellar network was launched in 2015. In 2019, the group announced that it was burning over half of the cryptocurrency’s supply. Stellar mentions on its website that currently, there are around 50 billion XLMs in existence; 20 billion XLMs are in circulation and 30 billion XLMs are retained by the Stellar Development Foundation for project development. Nothing more will be created.
Where Stellar trumps other financial platforms is its low transaction fees, which have drawn a huge number of cryptocurrency users to it. It is one of the few blockchain networks that has been successful in collaborating with large tech corporations, such as Deloitte and IBM. Stellar, in partnership with IBM, launched a project that enables FinTech to engage in financial transactions using assets such as stablecoins.
It must be noted that Stellar is one of the large corporations that are operating in the cryptocurrency market. It is one of the most centralized cryptocurrency networks active on the internet. While the Stellar network uses decentralized nodes, it doesn’t have that many validators. Such an infrastructure gives the group a lot of control over the operations and price movement of XLM.
In 2016, Deloitte announced a partnership with Stellar, along with four other blockchain networks, to provide new technological capabilities to its global financial institution client base.
In June 2018, Fortune reported that New York financial regulators approved Stellar Lumens to trade on the Bit exchange, the first time the state’s authorities have given it the green light.
In October 2021, IBM partnered with Stellar to facilitate cross-border payments by banks. The system uses XLM as a bridge currency for transactions and it has been successful in the South Pacific region.
The same year, Moneygram announced a partnership with Stellar. Its integration with Stellar facilitates the conversion of the USDC stablecoin into cash and vice versa. The facility aims to encourage the liquidity of cryptocurrencies and the integration of traditional and cryptocurrency markets.
In October 2021, Flutterwave, a global payments technology company, also announced two new remittance corridors between Europe and Africa on the Stellar network. The step is a major step in Stellar’s expansion in the global market.
It also succeeded in receiving certification from the Islamic scholars of Bahrain in 2018, aiming to integrate the technology into the field of sharia-compliant financial products, reported Reuters.
“We have been looking to work with companies that facilitate remittances, including in the United Arab Emirates, Saudi Arabia, and Bahrain. It’s a huge market,” said Lisa Nestor, the then-director of partnerships at Stellar. Since the Middle East and South Asian regions are key areas of growth for the group, where a lot of countries are run on a sharia-compliant system, this is a major success for Stellar.
Developing economies are the focus of the Stellar network in the areas of remittances and loans. It primarily aims to target those who are still not part of the traditional banking system.
In June 2022, the global platform for modern money movement, Nium, and Stellar announced a partnership to enable payouts to 190 countries. “This integration truly drives home the value that blockchain-powered cross-border payment solutions bring to the current financial system,” said Denelle Dixon, CEO and Executive Director of the Stellar Development Foundation. “At SDF, we are always working to fill up the map and connect the network to more of the globe. Together with Nium, we are thrilled to expand the reach of the Stellar network so significantly.”
Another prominent feature of Stellar is that it gives power to the community to decide what project(s) the blockchain should focus on.
We will now briefly give an overview of the key performance indicators of XLM, such as price and market capitalization. We will then summarize what the world’s leading crypto-analysts have to say about the future of this currency, along with its Fear & Greed Index.
The market capitalization of the cryptocurrency follows its price trends throughout. In early January 2018, it was nearly $9 billion, and it skyrocketed to as high as $16.5 billion (May 2021) during the crypto-boom of 2021. In fact, it was performing fairly well in 2022 too, until the market crashed during the year’s second quarter.
Stellar has seen many growth spurts over the past few years, such as when Mercado Bitcoin announced its use of the platform. In less than a year, Stellar housed almost 3 million user accounts. Since that time, however, Stellar has built a network of partners that includes Flutterwave and MoneyGram.
The Stellar network is considered a rival to the Ripple network. While Ripple helps banks make fund transfers, Stellar helps individuals outside the banking system make fund transfers. Its simple, swift and economical process has made it very popular among users across several developed countries.
These developments are certain to boost Stellar’s credibility among the users and raise the price of Lumens. Besides, XLM is one of the most eco-friendly cryptocurrencies. Its consensus model is faster than both PoS and PoW, making it the preferred choice of many investors.
The unique features of Stellar such as strategic partnerships and convenience, make XLM one of the most reliable crypto investments. Its growth as a payments network will be the most important factor influencing the future of XLM.
Despite being embroiled in a legal dispute with the Securities and Exchange Commission (SEC), Stellar’s Lumens coin is a major cryptocurrency to wager on.
In June 2022, the system upgraded Protocol 19, building payment channels and key recovery channels. Stellar is also working on the Project Jump Cannon to facilitate a robust execution environment for smart contracts.
In 2022 itself, many crypto exchanges such as WhiteBIT, CoinMe, and Mercado Bitcoin enabled USD-backed stablecoin transactions, increasing the access to USDC on Stellar.
Coinbase Wallet announced in November 2022 that it will no longer support the XLM token, along with BCH, ETC, XRP, effective 5 December. Coinbase cited “low usage” as a reason for delisting the four coins.
The SDF has also established a $100 million fund to encourage developers to create applications for the Soroban smart contract platform. Soroban adds Turing-complete smart contracts to the Stellar blockchain, allowing developers to create new financial services rails on the network.
The Stellar Community Fund (SCF) has announced that 21 projects will receive funds as part of its 11th round. The required funding for the winning projects will be given to them in XLM tokens. The grants total more than 13 million XLM for the entire round.
South Korea’s leading cryptocurrency exchange, Upbit, announced the temporary suspension of deposits and withdrawals of the Stellar network’s native token, XLM, and other assets on the network. Upbit stated that the event was caused by the need for maintenance of the Stellar network and the wallets in it.
In March 2022, Stellar stated in its blog that it will launch Project Jump Cannon, an E&D venture to introduce native smart contracts for its blockchain. The same month, it also introduced the Starbridge project that would create bridges between Stellar and other blockchains, enabling interoperability.
Since December 2022, the Stellar network has been working with the United Nations High Commissioner for Refugees (UNHCR) to provide its blockchain payment solutions to those affected by the war in Ukraine.
In January 2023, Stellar (XLM) announced its decision to join the U.S. Commodity Futures Trading Commission (CFTC) Global Markets Advisory Committee (GMAC). It is important to note that the committee is composed of a diverse group of members with backgrounds in both traditional finance and cryptocurrency. As a result, Stellar’s (XLM) unique perspective on Layer 1 protocols may not carry the same weight as that of more established players in the space.
If Stellar continues to adopt more of such innovations and succeeds in building a larger community, it can prove to be a significant player in the crypto market.
The latest Fear & Greed Index projects a ‘fear’ market sentiment for XLM.
Stellar Lumens XLM formed a Gartley for another price reversalHi dear friends, hope you are well and welcome to the new trade setup of XLM with US Dollar pair.
Previously I shared a long-term trade setup for XLM, which is still in play:
Now On a 4-hr time frame, XLM has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Buy Opportunity in XLM/BTCLooking at the Bitcoin quoted chart on the left side, we have a bullish divergence on volume, as per the Stochastic Momentum Index (SMI) of Money Flow Index (MFI) indicator.
On the chart quoted in Dollars, a divergence was signaled beforehand in the ROC (Rate of Change), allowing an entry at the breakout of the 0.91 value.
XLM Swing Long SetupIt is a perfect time for all of us to zoom out, and get into long position and most of alts for second leg of this mini bull run.
My price entry is based on weekly chart and its price entry on first leg.
Also, I see a LL on BTC pair+Its making a double bottom.
I am expecting a god candle after reaching my entry point, so its better to make a stop limit order.
Lets see
XLM SHORT SETUPHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the XLM symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
✳️ Stella 2.2 Years Long Bottom BoomBack in December 2020 Stellar hit bottom at 359 satoshis or 0.00000359 BTC. That's the XLMBTC pair.
This exact same level, 359 sats was hit last month and we get a 2.2 years long bottom.
The last time this bottom was hit this pair grew by 348%.
If you consider the massive Bitcoin rise in the same period...
Now, the potential is similar to late 2020.
✔️ What happens if we get another drop?
✔️ What happens if everything crashes out of the blue?
Think long-term.
Buy and hold, long-term.
It is easy to buy and hold, think long-term at the bottom.
It is hard to do it at the top.
All of us as beginner thought long-term at the top and waited for years, we went through a bear market the wrong way not knowing better.
Now we know... Think long-term at the bottom.
When prices peak/hit a new All-Time High, think short-term and secure profits, buy back in again after years of correction, at the bottom and the cycle repeats.
Very simple... Buy and hold.
Namaste.
Disclaimer: The information shared here should not be construed as financial advice. The author is sharing his opinion and experience for entertainment and learning purposes only.
XLMUSDT.P ARE YOU RDY For Pump🧨🧨🧨Be prepared for a cryptocurrency that lags behind the market.
4 targets that you will see soon. 4 golden targets for a cryptocurrency that has always grown in the dark and has given good profits to its shareholders.
I can say that Noshjun is the person who deserves to make a profit.
The analysis is done cleanly, only the targets are shared for you.
it's not exciting, but it is consitent I am looking where we are based on previous cycles, if the XRP lawsuit ended we can diffidently go higher. But even if we only hit previous highs its a 10x which good.
The biggest factor is the price at the BTC halving.
The price of XLM at the last havling (May 8. 2020) the price of XLM was $0.076 then one year later the price of XLM is right under $0.80 that's roughly a 10x
If the price of XLM is 0.50 my March 2024 (next BTC halving) XLM can at least 8x and hit $4
If the price of XLM is 0.25 by March 2024 (next BTC halving) XLM can at least 8x and hit $2
Everything is dependent on the pricing at the time of the halving.
The chart shows time frame only not actual pricing, it is to early to tell but we are.
Based on the lengths of the charts, last time we were in the cycle at this point which was (Oct 2019) the price ranged between $0.05-0.07
XLM digital hryvnia (CBDC) is being developed on the Stellar bloUkraine is speeding up the Digital Hryvnia project and plans to launch it this year.
Initially the launch was planned for 2024, but now the government wants to launch it this year
The first blockchain transactions with the digital hryvnia have already been conducted
The digital hryvnia (CBDC) is being developed on the Stellar blockchain
We are carrying out these reforms during the war," said Ukraine's Minister of Digital Transformation, Mikhail Fedorov.
I recommend to take a closer look at the coin) + on TA very good look)