Stellar Price Prediction for Today, September 30 – XLM Technical Analysis

The Stellar price prediction could set a bullish run if the market can attempt to climb back above the resistance level of $0.120.

Stellar Price Prediction Statistics Data:

• Stellar price now – $0.112
• Stellar market cap – $3.1 billion
• Stellar circulating supply – 27.7 billion
• Stellar total supply – 50 billion
• Stellar Coinmarketcap ranking – #23

Key Levels:

Resistance levels: $0.14, $0.15, $0.16

Support levels: $0.09, $0.08, $0.07

According to the daily chart, XLM/USD is running a little retracement move toward the resistance level of $0.110. However, for the fact that the coin is recording a slight loss, the Stellar price may begin to maintain a bullish movement within the channel if the coin crosses above the 21-day moving average.

Stellar Price Prediction: Stellar (XLM) May Spike to the Upside

The Stellar price is hovering at $0.112 but yet to cross above the 21-day MA may push the market price toward the upper boundary of the channel. Meanwhile, traders can expect a bullish continuation, and as the technical indicator, Relative Strength Index (14) reveals, the signal line is seen moving to cross above the 50-level.

However, the possible resistance levels could be located at $0.14, $0.15, and $0.16 if the coin spikes above the channel. At the time of writing, the Stellar price is currently moving sideways in the short term, and any bearish movement toward the lower boundary of the channel may bring the coin to the long-term support levels of $0.09, $0.08, and $0.07 respectively.

XLM/BTC May Head to the North

Against Bitcoin, the Stellar price faces the upside but has yet to cross above the 9-day and 21-day moving averages. Should in case of a trend reversal, there is a need for an increasing volume and resistance to cause an upsurge in the market, if not, the market may move bearishly. Now, Stellar (XLM) is hovering at 431 SAT, traders can expect close support at 345 SAT and below.

However, if the buyers push the Stellar price toward the upper boundary of the channel, it may likely hit the nearest resistance level at 450 SAT. Moreover, crossing above the channel may hit the potential resistance at 320 SAT and above. Meanwhile, the technical indicator Relative Strength Index (14) moves above the 40-level, suggesting bullish signals.

Stellar Alternatives

The Stellar price is exchanging hands around the resistance level of $0.112 after touching the daily high of $0.113 during the European session today. This is a move that could easily pave the way for gains above the 21-day moving average to touch the resistance level of $0.120. Therefore, if the technical indicator Relative Strength Index (14) crosses above the 50-level, the market may show that the bullish grip is getting stronger.

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