Cryptocurrency Price PredictionInformation

Stellar (XLM) Price Prediction: Will The Price Surge To $1 In 2022?

Written by: Elena R

Written by right arrow

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

  • author twitter

Apr 14, 2022

news-image

Stellar has been one of the most promising cryptocurrencies in the market. Developed by the Stellar Development Foundation, the currency ‘Lumen’ under the symbol XLM is traded on various exchanges. Who could predict that XLM price would increase more than 300 times in 2017? It was an excellent year for Stellar.

Investors and traders are waiting for one similar run. Will Stellar boast any such run in the near future? Dive in, as we bring to you the feasible price forecasts for XLM price for 2022 and the years to come.

Overview

CryptocurrencyStellar
TokenXLM
Price$ 0.1192
Market cap$ 2,975,365,008.0000
Circulating Supply$ 24,888,770,233.5129
Trading Volume $ 182,931,202.0000
All time high$ 0.8756 Jan 3, 2018
All time low$ 0.0005 Mar 5, 2015

Stellar (XLM) Price Prediction For 2022

Potential LowAverage PricePotential High
$0.440$0.742.$0.975

  XLM price had made its way to the year 2022, in a downtrend, with its price at $0.261. The price had swung from $0.2921 to $0.240 until the 10th of January. Which escalated to reach $0.293 by the 14th of January. But facing the ground, the wick brushed $0.1702 by the 22nd of January. 

The altcoin was seen trading along its support at $0.196 until the 4th of February. When it initiated a leg-up to reach $0.256 by the 8th of February. The spike was short-lived as turmoil in the business dragged the price down to its quarterly bottom at $0.1626

While XLM price did pose a rebound to its resistance levels, it faced $0.169, by the first week of March. Thereafter XLM price was seen trading in an up-trend and managed to close its trade for the quarter at $0.243.

Stellar’s (XLM) Price Prediction For Q2 

Seeking bullish impetus from its support levels at $0.1956. The digital asset will have to generate consecutive highs to validate an uptrend. With soaring volumes, the price could claim its potential high for the quarter at $0.3449. Whilst an equilibrium in buying and selling pressures could settle the price at $0.293. A drag down by the bears could land the price at $0.2425

XLM’s Forecast For Q3 

XLM price would need a push from the network’s growing userbase, newer collaborations, and adoptions. As the catalysts will be imperative in establishing grounds at $0.397. Escalating from this could bring the maximum price target to $0.512. In contrast, a possible dump in the market could clutch the price down to $0.294. That said, regular trade practices could settle the price at $0.4294

XLM Prediction For Q4

If the network achieves the targets in its roadmap, that includes interoperability, inclusion, increased stability, and innovation. The price of XLM could skyrocket to $0.975, by the end of the year. On the flip side, the protocol failing to adhere to its expectations would result in the altcoin taking a dip to $0.440. Collectively, factoring in the bullish and bearish targets, XLM could settle with its price at $0.742.

Stellar Price Forecast For 2023 

Stellar could possibly make the most out of 2023, with newer adoptions, collaborations, and developments. Moreover, the developments from 2022 could bear fruitful results, which could reflect on XLM’s price. That said, the crypto asset could hit a maximum of $1.835 by the end of 2023. Conversely, negative criticism and a possible market dump could land the price at $1.018

Price Prediction For The Next 5 Years 

Considering the latest performance of XLM and its established growth. We can predict based on calculations that XLM might go up to $6.87 by the next five years. However, few enthusiasts believe that XLM will get above this value. Skyrocketing with the increased use of Stellar as one of the fastest currencies in the crypto market. 

On the contrary, the price may witness a bear market after touching the highs, which could suppress the price down to $3.97. 

YearPotential LowPotential High
2023$1.018$1.835
Next 5 Years$3.97$6.87

What Does The Market Say?

Digital Coin Price

Digital Coin Price predicts the price to hit a maximum of $0.28 by the end of 2022. The analysts from the firm pin minimum and average price targets at $0.24 and $0.27 respectively. The forecast anticipates XLM’s price to claim a maximum of $0.32 by the end of 2023. And eventually maintain a continuous uptrend, surpassing $0.41 by the end of 2025.

Wallet Investor

Using the latest technical analysis, Wallet Investor updates prices and predictions. It predicts that the XLM price can go up to a maximum of $0.407 by 2022. The prediction update from Wallet Investor highlights the maximum year-end targets for 2023 and 2025 at $0.514 and $0.798.

Trading Beasts

According to the prediction of Trading Beasts, XLM price could hit an average price of $0.254 by the end of 2022. The prediction sets the minimum and maximum price targets for the year at $0.216 and $0.318. The analysts from Trading Beasts expect the price to hit its potential high of $0.431 by the end of 2025.

Primexbt.com

Primexbt expects the XLM price to range between $1.20 and $2.50, between 2022 and 2023. The analysis firm anticipates the digital coin to range between $1.75 and $7.75, from 2024 to 2025.

Click here to read our price prediction of Elrond (EGLD)!

What is Stellar (XLM)?

Stellar is an open network that facilitates storing and moving of money. The platform’s aim was to encourage financial inclusion by helping out the world’s unbanked people. However, later its priorities shifted to reaching out to the financial institution’s bridge with one another via blockchain technology.

The network has its own native token Lumens (XLM) that acts as a bridge. That makes the platform cost-efficient to trade tokens across the globe. This solves the existing problems associated with payment providers who often charge huge fees for similar kinds of services.

The ecosystem allows users to build, send and trade all forms of digital representations of money. It is created to make sure that all the financial systems across the world could work together on a single network. 

Fundamental Analysis

Stellar was founded in early 2014 by Jed McCaleb and Joyce Kim. The project was born as a branch of the Ripple cryptocurrency with a total supply of 100 billion. However, the tokens were burnt and currently, the supply is reduced to $50 billion. Stellar (XLM) was built on and worked on the Ripple network early on in its growth. However, in November 2015, The Stellar team launched its network on its own protocol.

The primary focus of the platform is to provide remittances and bank loans in developing economies that are unbanked. Stellar aims to reduce the transaction costs, by significantly reducing the time lags. Stellar Lumen is an altcoin that trades under the XLM symbol.

Our Prediction For Stellar

According to Coinpedia’s formulated price prediction for Stellar’s XLM. With developmental upgrades catering to interoperability, scalability, and innovation in place. The price of XLM could soar to a maximum of $1 by the end of 2022. Contrastingly, the updates not yielding the desired results could turn bearish for the price, which could fall to $0.4

Historical Market Sentiments

2014 – 2016

XLM was priced at $0.003 on Sept. 15, 2014, shortly after its initial coin offering (ICO). A few months later in November, XLM dipped to its all-time low of $0.001227 XLM fluctuated between $0.001 and $0.003 over the coming years.

2017

2017 initiated with a similar price movements unit in May of 2017, before retracing to $0.01, XLM briefly reached an all-time high of $0.05. Then subsequently the price of XLM was steady for some period.

By December, Bitcoin broke $10,000 for the first time, and altcoins followed the upward trajectory, like XLM, which added more than 50% overnight at one point. The price initiated an uptrend by the end of November 2017 being at the foot of the hill. 

2018

Soon at the beginning of the year 2018, XLM hit its all-time high of $0.938144 on Jan 4, 2018. And woefully entered into a bearish divergence. Sliding downwards including a couple of spikes, the XLM price reached $0.11 by the end of 2018.

2019

2019 has been a frustrating year for this crypto. XLM saw a steady decline over the year, beginning the year at $0.1 cent. In comparison, Stellar’s burning of 50 percent of XLM coins further limited the development of the coin. Thus it is probable that Stellar will lose more value against Bitcoin. 

2020

XLM at the beginning of 2020 was at $0.0451 and spent the early part of the year fluctuating between $0.05 and $0.06. Then there was the beginning of an upward trend in July. The coin finally hit $0.118987 in mid-August, before settling in early September at about $0.08. The coin continued to trade at the price range between $0.08 and $0.10 until the mid of November. 

The price dramatically increased to $0.22 and further plunged to $0.15. By the end of November, Stellar was trading at $0.20. The Stellar price had been to the moon and back since November. But the bears dragged the prices down to $0.14 in early December.  Stellar settled at a trading price of $0.16 in the mid of December. At the end of 2020 stellar was trading at $0.12.

2021

 The year 2021 was started with a trading value of $0.133.The digital asset has spiked an astonishing 224% in the first week of January, taking the price to $0.432. After a pullback to $0.240, the month was put to an end at $0.240. February was initiated on a positive note, which escalated the price to $0.602 by the 13th of February. 

Thereafter, the altcoin took a downswing and traded sideways until the 5th of April, when it initiated a leg-up. Which propelled the price to hit $0.689, by the 14th of April. The XLM price rose to hit the $0.791 mark on the 17th of May. Post which the digital asset had been on a downtrend, and hit its support at $0.202 on the 22nd of June. It was on the 6th of September when the price brushed the $0.424.

After a bearish trend from the third quarter, the fourth quarter was initiated on a bullish note. The uptrend took the price to $0.44, on the 10th of November. Which was followed by a downtrend, that resulted in the annual closure at $0.259.

To read our price prediction of Monero (XMR) click here!

FAQ

Q: Is Stellar Lumens (XLM) a good investment?

A: Yes, Stellar is a good investment option for the long term, as its stout fundamentals will eventually drive the price. Moreover, it is one of the most favoured cryptocurrencies.

Q: Is XLM an ERC-20 token?

A: No, XLM serves the Stellar blockchain, it is not correlated with Ethereum.

Q: Does Stellar Lumen have a future?

A: Stellar’s vision holds numerous milestones and updates, considering which, the future does seem to be bright.

Q: What will be the maximum trading price of XLM by the end of 2022?

A: The digital asset is expected to hit a maximum of $0.975 by the end of 2022.

Q: Where can I buy XLM?

A: XLM is available for trade across prominent cryptocurrency exchange platforms such as Coinbase, Kraken, Binance, Huobi, and Upbit, amongst others.

Show More

Was this writing helpful?

dislikeimage No myImage Yes

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

Related Articles

Back to top button