The post Stellar (XLM) Price Prediction for April 8 appeared on BitcoinEthereumNews.com.

The market is coming back to the green zone, according to CoinStats. XLM chart by CoinStats XLM/USD The price of Stellar (XLM) has gone up by 3% over the last 24 hours. Image by TradingView On the hourly chart, the rate of XLM is breaking the local resistance of $0.2375. If bulls manage to keep the price above it, growth may continue to the $0.2450 zone tomorrow. Image by TradingView On the bigger time frame, the price of XLM is rising after a false breakout of the support of $0.2231. If the daily bar closes far from that mark and with no long wick, there is a chance to see a test of the $0.25 area shortly. Image by TradingView From the midterm point of view, the picture is similar. However, traders are unlikely to witness a quick reversal as not enough energy has been accumulated yet.  Related If the bar closes around current prices, sideways trading in the area of $0.23-$0.25 is the most likely scenario. XLM is trading at $0.2349 at press time. Source: https://u.today/stellar-xlm-price-prediction-for-april-8

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Filed under: News - @ April 9, 2025 5:20 pm