Stellar (XLM) Price Prediction - Nov 23, 2024

Stellar is up 80.51% today against the US Dollar. XLM/BTC increased by 80.39% today. XLM/ETH increased by 72.46% today.

Stellar (XLM) price today is trading at $0.530332 after gaining 80.51% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 77.26% in the same time period. XLM performed well against BTC today and recorded a 80.39% gain against the world’s largest cryptocurrency.

According to our Stellar price prediction, XLM is expected to reach a price of $0.552650 by Nov 28, 2024. This would represent a 26.20% price increase for XLM in the next 5 days.

Stellar performed well against ETH today and recorded a 72.46% gain against the world’s second largest cryptocurrency. As for XLM/USD, the coin began the day trading at $0.456605 before reaching a high of $0.558663 and a low of $0.455051.

Stellar price outperformed the cryptocurrency market today as total crypto market cap increased by 77.26%. In the last 24 hours, cryptocurrency market gained $366.86 billion, reaching a total market cap of $828.38 billion.

The sentiment in the Stellar markets is currently Bullish, and the Fear & Greed index is reading Extreme Greed. The most important support levels to watch are $0.290906, $0.241124 and $0.211883, while $0.369928, $0.399169 and $0.448950 are the key resistance levels.

Bullish sentiment for Stellar

28 indicators are currently signaling a bullish prediction for Stellar, while 4 indicators are showing a bearish forecast. With 88% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for Stellar.

Crypto market is currently experiencing Extreme Greed

Currently, the Fear & Greed index is at 93 (Extreme Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Stellar technical analysis for today - Nov 23, 2024

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Stellar is positioned in the market right now.

Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential MA3 $0.211332 (BUY) $0.153371 (BUY) - - MA5 $0.221067 (BUY) $0.133213 (BUY) - - MA10 $0.196474 (BUY) $0.114864 (BUY) - - MA21 $0.148802 (BUY) $0.104189 (BUY) $0.112668 (BUY) $0.107969 (BUY) MA50 $0.116494 (BUY) $0.098914 (BUY) $0.111768 (BUY) $0.108890 (BUY) MA100 $0.105859 (BUY) $0.098512 (BUY) $0.118024 (BUY) $0.118689 (BUY) MA200 $0.106200 (BUY) $0.101986 (BUY) $0.117455 (BUY) $0.131444 (BUY)

Period Value Action RSI (14) 89.61 SELL Stoch RSI (14) 72.17 NEUTRAL Stochastic Fast (14) 97.10 SELL Commodity Channel Index (20) 66.67 NEUTRAL Average Directional Index (14) 65.18 SELL Awesome Oscillator (5, 34) 0.11 NEUTRAL Momentum (10) 0.15 NEUTRAL MACD (12,