Stellar

The post <a rel="nofollow" href="https://coinpedia.org/price-analysis/xlm-price-analysis-stellars-growth-heads-to-0-15/">XLM Price Analysis: Stellar’s Growth Heads To $0.15!</a> appeared first on <a rel="nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a> 
As the market continues to improve with a new week, the altcoins are buzzing to reclaim higher levels. The XLM coin price showcases a similar bullish trend continuation as it retests the $0.119 mark and heads higher.&nbsp; 
In resonance with market-wide recovery, the <a href="https://coinpedia.org/information/stellar-price-prediction/">Stellar price prediction</a> teases a positive end for 2023 for XLM.&nbsp; 
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With a 23% jump in the last 20 days, the XLM price trend gives multiple breakouts and showcases a strong bullish momentum. With a trendline breakout to an inverted head and shoulder breakout, the positive trend for Stellar continues. 
Further, the rising trading volumes and the successful post-retest reversal from $0.119 add credibility to the ongoing bull run. However, the recent bullish candles display a long-wick formation and reflect a potential supply incoming.&nbsp; 
As the XLM price approaches the 38.20% Fibonacci level, the long wick candles tease a potential reversal to $0.119. However, the high speed uptrend with the bullish market conditions teases a breakout rally.&nbsp; 
Currently, the altcoin is trading at $0.1276 with an intraday jump of 1.64% but faces opposition from $0.129.&nbsp;&nbsp; 
Technical pointers: 
MACD indicator: The MACD and signal lines cross into the positive zone with a bullish alignment. Further, the histograms reflect a rise in trend momentum supporting the uptrend possibility.&nbsp; 
EMA: The crucial 50-day takes off to maintain distance from the 200-day EMA and avoid a death cross event. 
<h2 class="wp-block-heading" id="h-what-s-next-for-stellar-xlm-price">What’s Next For Stellar (XLM) Price?</h2> 
With an 80% year-to-date growth in 2023, the XLM price gains momentum with the SEC Vs. XRP coming to a potential conclusion this Monday. Moreover, the improving market conditions and the inverted head and shoulder breakout rally can shortly push XLM market value above $0.13. 
If the Stellar price trend sustains breakout momentum, the bull run can cross the $0.1426 mark, accounting for a 15% jump. On the opposite end, a reversal from $0.129 can retest the $0.1092 mark.&nbsp;
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XLM Price Analysis: Stellar’s Growth Heads To $0.15!

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