Stellar Lumens news today is about a Stellar Lumens price analysis that anticipated a bullish breakout for Stellar if the golden cross on the price chart is fruitioned. The Stellar price prediction has been bullish since the beginning of the year but the Stellar community became particularly interested in the golden cross right after the Stellar Coinbase listing. The Coinbase Stellar airdrop also contributed to the positive sentiment in the market. The price of Stellar has done well for the past few months but it is nothing compared to what is to come according to the latest Stellar Lumens price analysis.Stellar Lumens News Today – Stellar Lumens Price Analysis – XLM Spike From Stellar Airdrop Was Just The Beginning
According to a Stellar price analysis on Cryptodaily, the price of Stellar will soon trigger a golden cross that is going to pave a way for higher highs mid-term. The technicals reveal that the price of Stellar is rallying towards the 200 day EMA. You’ll recall that it was only when the price of Bitcoin, the flagship cryptocurrency, broke the 200 day EMA that it was able to move above the $5000 level and has been bullish since then. So, the same thing is going to happen to Stellar as long as it crosses the 200 day EMA.
Stellar (XLM) Price Today – XLM / USD
While this is going to happen, there is no guarantee that it would happen anytime soon. However, as long as the price of Stellar continues to consolidate and positive Stellar Lumens news like the Stellar airdrop and other efforts by the Stellar development foundation continue, the chances of crossing this level will keep increasing. Crossing above the 200 day EMA is going to drive Stellar to the spot light. The price of the Stellar Lumens token will rise significantly against the USD.
At the time of writing, Stellar Lumens was trading at $0.116860. This means that it is up by 0.59% against the USD and down by 1.03% against the price of BTC. The trading volume over a 2...