Outside Source
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Web 3 Journalist
Tim Hakki
Web 3 Journalist
Tim Hakki
The global $2.84 trillion crypto market has fallen 3.8% in the last 24 hours but some analyses suggest that Stellar’s $XLM could have a mini breakout of its own soon.
Leading cryptocurrency Bitcoin ($BTC), which typically sets an erratic pace for the rest of the market to follow, is down 2.4% in the last 24 hours to trade at $83,818. This is still almost 50% off its projected $160,000 price target for 2025.
Stellar posted sharper intraday losses of 3.8% to trade at $0.27. Analysist Nikola Lazic sees in the wave formation, a potentially imminent breakout up to $0.365, where it will face strong resistance.
However, in the mid-to-long term, Stellar $XLM’s price could hit a dollar on the next bull run.
Stellar’s $XLM: Primer and Price Analysis
Launched in 2014, $XLM is one of the oldest cryptocurrencies, built to enable fast, low-cost cross-border payments—similar to Ripple’s $XRP and Bitcoin Cash.
Unlike Bitcoin, Stellar doesn’t use Proof-of-Work. Instead, it relies on the Stellar Consensus Protocol (SCP), which verifies transactions through a network of community-elected, trusted nodes.
Over the past three months, $XLM’s support and resistance levels have declined, mirroring the broader market’s reaction to Bitcoin’s downturn and the new pro-crypto US administration’s controversial trade tariffs.
XLM’s price remains tied to macroeconomic and regulatory developments, with the promise of U.S. crypto regulations likely to spark a global adoption wave.
In the near term, XLM could be due for a bounce. Its relative strength index is 37 and falling, suggesting it may soon be oversold—potentially making now an ideal entry point ahead of the next recovery phase.
But beyond that? The future is uncertain and chart analysis alone can’t predict it accurately. Many are now waiting for the Trump administration to pull its finger out and create some serious guidance for multinational crypto businesses that do business in the US.
This makes now the best time to buy if you believe the industry will be on firmer regulatory footing soon.
Traders sell $XLM to take up positions in BTC Bull, A Meme Coin That Pays Rewards in Bitcoin
While traders do a spot of recent profit-taking from $XLM, it would appear they’re piling into a unique and enchanting new presale for BTC Bull ($BTCBULL).
BTC Bull shakes up the meme coin sector by rewarding holders with Bitcoin, offering a unique blend of entertainment and financial utility.
Each time Bitcoin crosses specific price thresholds, BTC Bull investors receive direct BTC payouts—introducing an innovative way to generate passive income.
Investor enthusiasm has been overwhelming, with the project securing $100,000 within minutes of launch and amassing $3.9 million in funding within its first month.
The presale kicks off at $0.00242, with incremental price increases across funding rounds.
Combined with staking rewards up to 109% APY, BTC Bull presents an attractive portfolio diversifier alongside Stellar’s $XLM for investors seeking substantial potential returns.
Stay updated with BTC Bull on X and Telegram.
This article first appeared at News
