Stellar Price Prediction for Today, June 19 – XLM Technical Analysis

The below article is sponsored, meaning Insidebitcoins may receive a commission for affiliate links in the content. Cryptocurrencies are high-risk investments, and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest.

Stellar Price Prediction for Today, June 19 - XLM Technical Analysis
Stellar Price Prediction for Today, June 19 - XLM Technical Analysis

Join Our Telegram channel to stay up to date on breaking news coverage

The Stellar price prediction reveals a cautious market environment as the price consolidates near a critical support zone within a rising channel pattern, with bearish signals emerging from key moving averages.

Stellar Prediction Data:

  • Stellar price now – $0.247
  • Stellar market cap – $7.73 billion
  • Stellar circulating supply – 31.21 billion
  • Stellar total supply – 50 billion
  • Stellar Coinmarketcap ranking – #16

Getting in early on promising crypto projects can often lead to the most significant gains, and Stellar (XLM) is a striking example of that potential. Since hitting its all-time low of just $0.001227 on November 18, 2014, XLM has skyrocketed by an astonishing +20,087.33%, showing how early adopters were rewarded for their foresight. While the token is currently trading between $0.2474 and $0.2529 in the past 24 hours, this massive growth from its lowest point highlights the importance of timing in the world of crypto.

XLM /USD Market

Key Levels:

Resistance levels: $0.30, $0.32, $0.34

Support levels: $0.20, $0.18, $0.16

Stellar Price Prediction for Today, June 19 - XLM Technical Analysis
XLMUSD – Daily Chart

The Stellar (XLM) daily chart reveals continued pressure as the price hovers just above the lower boundary of an ascending channel pattern. The price is trading at $0.2476, slipping below both the 9-day and 21-day moving averages, which reinforces a near-term bearish bias. With the 9-day MA crossing below the 21-day MA, downside risks appear to be increasing. This technical alignment signals that bearish momentum may persist unless strong buying interest emerges around this zone. Importantly, the chart indicates the price is at a key decision level, as support around $0.25 is being tested.

Stellar Price Prediction: XLM Price Action Faces Bearish Pressure

However, if XLM breaks below the immediate support level of $0.24, the market could trend lower toward $0.20, which marks the channel’s lower boundary and a critical support zone. Any sustained drop beneath this level may open the door for further losses toward $0.18 and $0.16. On the other hand, maintaining support at this range could lead to a short-term rebound, especially if buyers react quickly to defend the trendline. However, momentum remains weak, and the descending slope of the moving averages suggests any upward attempts may face strong resistance near $0.26 and above.

XLM Stellar Lumens Is About To Break All Records

To shift sentiment back to bullish, XLM must first reclaim the 9-day and 21-day MAs with a decisive move, potentially pushing toward the upper channel resistance near $0.30. A breakout beyond this region could attract buyers and pave the way for retests of the $0.32 and $0.34 resistance levels. Volume remains relatively light, indicating hesitation among traders. For now, the direction hinges on whether XLM can hold its ground above the channel support or if a breakdown will trigger a deeper sell-off.

XLM/BTC – Bearish Continuation Looms as Sellers Retain Control

The XLM/BTC daily chart reflects sustained bearish momentum as the pair continues to trade within a descending channel. At the time of analysis, XLM is priced at 0239 SAT, hovering just above the lower boundary of the falling channel. Both the 9-day and 21-day moving averages are trending downward, with the 9-day MA below the 21-day MA, indicating a strong bearish structure. Sellers remain in control, and unless a bullish reaction emerges soon, XLM could break beneath the current support zone around 0210 SAT. Such a breakdown would likely expose the pair to further losses, targeting the 0200 SAT and possibly 0190 SAT levels.

Stellar Price Prediction for Today, June 19 - XLM Technical Analysis
XLMBTC – Daily Chart

On the upside, for any recovery to materialize, bulls must first reclaim the 0245–0250 SAT region and then push above the upper channel resistance at 0270 SAT. However, with continued low volume and failed attempts to break the trendline over the past weeks, a significant upside appears unlikely in the short term. If bulls manage to stage a breakout above 0270 SAT, XLM could eye 0280 SAT or higher, but until then, the path of least resistance remains to the downside. Traders should watch closely for any signs of bullish divergence or a strong reversal candlestick near support, which might hint at a temporary bottom.

Meanwhile, the crypto analyst shared with his followers on X (formerly Twitter) that $XLM has reached its May target and believes there could be one more test of the $0.22–$0.23 range before a higher time frame (HTF) wave 3 can begin.

Stellar Alternatives

Stellar (XLM) is currently facing sustained bearish pressure, trading below key moving averages with signs of increasing downside momentum on the daily chart. While buyers may defend the current support level within the ascending channel, weak momentum and a bearish crossover hint that any rebound could face resistance unless XLM reclaims those moving averages. Despite the market conditions, XLM can still be purchased via the Best Wallet platform, a rising star in the crypto space that has already raised over $13.4 million in its presale. Best Wallet stands out for its real utility, offering reduced fees, staking rewards, governance participation, and early access to promising new projects, making it an attractive ecosystem for crypto investors.

Best Presale Right Now

Moreover, unlike many speculative launches, Best Wallet has a vested interest in the token’s long-term performance, supported by its existing revenue model and strong user base. With an intuitive purchase process and growing community, it presents a compelling opportunity for early investors as market sentiment improves.

Visit Best Wallet Token

Related News

Best Wallet - Diversify Your Crypto Portfolio

Our Rating

Best Wallet
  • Easy to Use, Feature-Driven Crypto Wallet
  • Get Early Access to Upcoming Token ICOs
  • Multi-Chain, Multi-Wallet, Non-Custodial
  • Now On App Store, Google Play
  • 250,000+ Monthly Active Users
Best Wallet

Join Our Telegram channel to stay up to date on breaking news coverage

Read next

OSZAR »