The XLM price could suffer a strong bearish reversal if it drops below an important support level, according to one analyst. Such a move would erase some of the gains made in the last 30 days when it jumped by almost 500%.

Stellar price, a popular cryptocurrency started by a Ripple co-founder, jumped by over 450% as the crypto bull run accelerated. XLM however, is now showing signs of exhaustion as its rally to $1 hits a snag.

In an effort to further uplift market sentiment, crypto exchange behemoth Binance issued a vital update on Stellar (XLM), KAIA, The Sandbox (SAND), EOS, and Ethena (ENA) tokens. Notably, the crypto exchange revealed on Tuesday that it is adding new trading pairs and trading bots services for the mentioned tokens.

The crypto market's been on fire lately, right? Since November 5, when Bitcoin kicked off its rally during the US elections, it's been a wild ride. But what's really interesting isn't just Bitcoin—Ripple's XRP, Cardano (ADA), and Stellar (XLM) have been climbing fast, too. The total market cap hit a whopping $3.

Stellar Lumens (XLM) price rally has stalled recently as it took a breather following a near 500% short squeeze. The XLM token was trading at $0.5290 on Tuesday morning, a few points below the year-to-date high of $0.6370. It has surged by 630% from its lowest point this year.

Stellar (XLM) has been one of the more volatile altcoins in the market, and its recent price action has once again fueled speculation about its future trajectory. The cryptocurrency experienced an 8% pullback recently, after a massive 173% rally the previous week.

XLM has significantly outperformed XRP in the past 30 days, despite having a lower market capitalization. XRP Rises on Investor Optimism While XRP has surpassed tether (USDT) to become the third-largest digital asset, its performance over 30 days trailed behind its perceived rival, XLM. According to data from Coingecko, the U.S.

Stellar (XLM) price has skyrocketed 459% in the last 30 days, capturing significant market attention. Despite this rally, the RSI has cooled to 50.5, suggesting neutral momentum after a brief period of overbought conditions in late November.

With the last month of 2024 underway, the crypto market is expected to note some significant volatility. Bitcoin is expected to reach the $100,000 historic mark before the end of the year, and this could trigger rallies in all major and minor altcoins.

Here is how some of your favorite assets concluded the week.

Stellar (XLM) has been one of the standout performers in the cryptocurrency market over the past month, surging an impressive 433% to reach $0.63—its highest price since 2021. The cryptocurrency's meteoric rise has captured the attention of traders and investors alike, drives conversations about whether XLM can continue its upward momentum and potentially hit $0.70.

Grayscale's cryptocurrency holdings have significantly increased during November, as altcoins like Stellar and XRP registered triple-digit gains, reinforcing analyst predictions of an incoming altcoin season. Notably, its cryptocurrency holdings have increased by over 85% in market capitalization during the past month.

Ripple price had its best month on record, helped by numerous catalysts, including the rumored partnership with Swift, recent Trump win, and the upcoming RLUSD stablecoin launch. The XRP token jumped to a high of $1.9697, its highest level since April 2021.

With an exceptional 30-day growth of 474.0%, Stellar has outperformed almost all the top ten cryptocurrencies, including Bitcoin, (34.1%), Ethereum (38.5%), Solana (38.6%), and even XRP (262.3%). The current XLM price of $0.5404 is just 36.102% lower than the 2021 peak of $0.7355. XLM enthusiasts anticipate that the XLM price could hit $1 by December.

Stellar (XLM) eyes a 60% rally by December 2024, backed by a bullish chart pattern and strong correlation with XRP, which has surged amid regulatory optimism.

Stellar (XLM) has had a remarkable run over the past three weeks, high by 608% in just 21 days. This explosive growth has brought attention to the altcoin, now standing as one of the top performers in the crypto market.

This week's crypto calendar is packed with major events and bullish stories, including the potential approval of Ripple's Stablecoin, XRP overthrowing BNB with a $100 billion market cap, XLM's 50% surge following a Grayscale Stellar Lumens Trust filing, and FIFA's new NFT game. Additionally, Binance has delisted eight altcoin trading pairs from its spot market, while MicroStrategy is planning to add more Bitcoin to its portfolio.

Stellar (XLM) price has surged over 400% in the last 30 days, marking one of the most significant rallies in November. After reaching $0.63, its highest price since 2021, XLM now faces potential consolidation as its trend indicators show signs of weakening.

XLM price has risen by more than 100 percent in the last week, but its key fundaments show that there's more to come. How far will it go?

Stellar (XLM) leads the altcoin charge with a staggering 457% monthly surge, fueled by bullish momentum and surging trading volumes. The cryptocurrency, up 81% this week, is now eyeing key resistance levels as traders anticipate further breakouts.

The price of Stellar (XLM) is in the spotlight as the broader cryptocurrency market is back on its feet, with combined capitalization soaring 41.28% to $3.42 trillion. While the majority of altcoins remain rejuvenated, Stellar price is among the most profitable.

Stellar price went parabolic on Friday, Nov. 29, as its DeFi ecosystem boomed and its futures open interest reached a record high. Stellar Lumens (XLM) surged to an intraday high of $0.5510, marking its highest level since Monday.

Stellar (XLM) has been on an impressive upward trajectory, extending its price rally over the past 30 days with fresh gains.

The price of Stellar (XLM) cryptocurrency has surged over 600% in the past month, marking the biggest performance in the digital asset's history. As a result, the price of XLM reached $0.6374, which, while not an all-time high for the Stellar token, is the highest mark for it since May 2021.

The cryptocurrency market showed mixed yet promising movement today, November 29, 2024, with Bitcoin (BTC) maintaining its position at $96K, signaling continued market confidence. Meanwhile, altcoins saw varied performances, with some recording significant gains and others showing slight declines.

The $0.463 and $0.4 levels are short-term bearish price targets for XLM.

Stellar (XLM) has experienced significant volatility in recent days, dropping by $130 million in open interest (OI) after a massive surge in its price. The altcoin saw a dramatic increase of over 100% in just a week, capturing the market's attention and fueling excitement.

XLM price has been on a steep ascent since mid-November. However, that momentum was briefly interrupted over the weekend as the wider crypto market followed Bitcoin's downward cue.

The altcoin market corrects after a 55% November rally, but XRP, Stellar, and TRON hold bullish setups targeting $2, $0.63, and $0.40, respectively.

Bitcoin traded near $96,000 on Wednesday, rebounding from this week's pullback that briefly disrupted its record-breaking run. The flagship cryptocurrency climbed 3% to $95,766.70, while the broader crypto market, tracked by the CoinDesk 20 index, rose 7%, signaling renewed investor optimism.

Stellar (XLM) has recently experienced a significant price rebound; Over the past 24 hours, XLM has surged by an impressive 16%, marking a notable recovery in its market performance.

Stellar Lumens (XLM) soared 372% this month but faces a 24% correction. Key levels could determine its next big move.

The XLM price staged a strong comeback on Nov. 27, forming a bullish engulfing candlestick pattern. Stellar (XLM), the second-largest payment-focused network after Ripple (XRP) surged to an intraday high of $0.5311.

With crypto continuing to climb higher, three cryptocurrencies from the past are making a lot of the running. Can Ripple ($XRP), Cardano ($ADA), and Stellar ($XLM) continue their wild rides?

Story Highlights The Stellar price has formed a bullish flag pattern in the daily time frame. Technical indicators maintain their bullish flow despite increased price volatility. A potential breakout could result in the XLM price testing its $1 mark. The Stellar price has recorded a strong bullish recovery around its $0.43 mark.

Stellar (XLM) has consistently been a notable player in the cryptocurrency market, with its price remaining a topic of interest among investors. Currently priced at $0.46, the Stellar coin's performance has been a mixture of progress and setbacks.

Stellar (XLM), which surged over 100% in the past week, has now witnessed a sharp decline in Open Interest. This drop in XLM Open Interest indicates waning enthusiasm among derivatives traders, potentially indicating a weakening in the recent rally's momentum.

Grayscale Investments has reopened private placement in its 19 trusts including XRP, Solana (SOL), and Stellar (XLM) for eligible investors. Institutional and individual accredited investors may subscribe to private placements at net asset value (NAV), enabling them to hold for a specific period and sell them at the secondary market.

Jed McCaleb, founder of Stellar Development Foundation, has outlined key distinctions between Stellar and Ripple. This comes as Stellars XLM token hits multi-year highs, supported by its role in Wyomings WYST stablecoin initiative.

Based on data as of Nov. 26, the Altcoin Season Index (ASI) hosted on blockchaincenter.net is picking up steam, with standout performances from stellar (XLM), sui token (SUI), and mantra (OM), all posting impressive triple-digit increases.

Stellar's (XLM) price has been down over 10% in the last 24 hours but has remained up 94.07% in the past week, leading to gains among the top 100 cryptocurrencies. Indicators like the RSI and Ichimoku Cloud suggest weakening bullish momentum as XLM faces growing selling pressure.

Stellar Lumens (XLM) has been making waves in the cryptocurrency world recently, showing impressive performance against Bitcoin (BTC) throughout November. The price of XLM has climbed steadily, pushing its value to levels not seen in months.

Story Highlights The Stellar price has plunged ~15% in 24 hours and retests $0.40. Technical indicators record a mixed price sentiment, highlighting uncertainty this week. Bullish reversal could push the price toward the $0.60 mark.

Stellar Lumens ($XLM), which was on a roll last week after several high-profile endorsements by MasterCard, Franklin Templeton and even the UN, is now undergoing a sharp correction, as Cryptonews predicted yesterday. In the last 24 hours, the price of Stellar Lumens has collapsed by about 15.8% and it now trades at $0.4314.

On November 22, the Bitcoin market was at an all-time high of $98,975.79. Since then, the Bitcoin price has sharply dropped by around 6.16%. Interestingly, during the same period, certain Altcoins, including Ethereum, Sand and XLM, have witnessed growth. Importantly, the Altcoin market cap has slightly climbed by 2.38% during this period.

XLM outperformed Bitcoin in November but indicator signals caution.

Stellar's native cryptocurrency, XLM, has made headlines with one of the most impressive rallies seen in the market this month. After trading near historical lows at the start of November, XLM has defied expectations, climbing dramatically in price and reaching new all-time highs in certain key areas.