![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
加密貨幣新聞文章
Stellar Lumens (XLM) Price Prediction: Why XLM Is on the Verge of a Strong Surge in January
2024/12/31 12:02
Stellar (XLM) price has been in a strong bearish trend in the past few weeks. The coin dropped to a low of $0.35, which was the lowest level since December 2020. It has erased some of the gains that it made in November when it surged by almost 500%. Still, several catalysts suggest that the Stellar Lumens price is on the verge of a strong surge in January.
Stellar price technical analysis: Falling wedge as a catalyst
The four-hour chart shows that the Stellar price has been forming a bullish falling wedge pattern. The upper side of the wedge connects the highest swings on Dec. 2, 17, and 24.
On the other hand, the lower side of the wedge links the lowest swings on Dec 3, 9, and 20th. These two lines are now about to converge, which will likely lead to a strong bullish breakout in the next few weeks.
If this happens, the initial level to watch will be at the psychological point of $0.500, which is about 50% above the current level.
This rebound will likely happen when the XLM price drops and bottoms at $0.2970, the 61.8% Fibonacci Retracement level. It will reach that point as the Relative Strength Index (RSI) moves to the oversold level at 30.
More catalysts for the XLM price
There are other potential catalysts that will push the XLM price higher in January.
First, as shown below, the token’s futures interest has been in a strong downtrend in the past few weeks. It has fallen from the year-to-date high of $335 million in November to the current $132 million.
In most cases, falling futures open interest is usually a sign that the crowd is losing interest in an asset. This performance usually precedes potential surges. For example, Stellar had a futures interest of less than $40 million before the recent surge.
Second, the Stellar price may surge in the coming weeks because of Ripple. As we covered in this XRP price prediction, the coin is slowly forming a bullish pennant pattern, which may lead to more gains in the coming weeks. This is notable since Stellar tends to correlate closely with Ripple since the two are seen as cousins.
Further, the XLM price may recover because of the seasonality of the crypto industry, where most tokens perform well in the first quarter of the year.
免責聲明:info@kdj.com
所提供的資訊並非交易建議。 kDJ.com對任何基於本文提供的資訊進行的投資不承擔任何責任。加密貨幣波動性較大,建議您充分研究後謹慎投資!
如果您認為本網站使用的內容侵犯了您的版權,請立即聯絡我們(info@kdj.com),我們將及時刪除。
-
-
- 以太坊(ETH)失去了對索拉納,二手鍊和雪崩的統治地位
- 2025-04-02 20:15:12
- 一旦智能合約的無可爭議的領導者和第1層(L1)區塊鏈生態系統,以太坊(ETH)將面臨越來越多的挑戰。
-
-
-
- Doge/USD -7.3%
- 2025-04-02 20:05:12
- 在過去的24小時內,Dogecoin的價格轉移發生了重大變化,一段時間後,買家返回市場。
-
- 代幣預售:通往早期投資機會的門戶
- 2025-04-02 20:05:12
- 代幣預售通常代表了許多區塊鏈企業的關鍵初始階段。他們向那些從一開始就支持他們的人有獨家的機會在向公眾使用之前獲得代幣。
-
-
-
- 儘管市場下跌,但專家們看到了購買加密貨幣的機會
- 2025-04-02 19:55:12
- 在美國總統唐納德·特朗普(Donald Trump)宣布其互惠關稅計劃之後