Stellar (XLM) Price Prediction for April 8
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. The market is coming back to the green zone, according to CoinStats. XLM chart by CoinStatsXLM/USDThe price of Stellar (XLM) has gone up by 3% over the last 24 hours.Image by TradingViewOn 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 TradingViewOn 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 TradingViewFrom 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.