Mark Twain’s Take on Stellar (XLM) Price Prediction for July 7

by

Well, well, well, it seems the bulls have got the upper hand over the bears on this fine Monday, according to what they call CoinStats. 🐂🐻

XLM/USD

Now, the price of this here Stellar (XLM) has climbed a good 3.56% over the last 24 hours. That’s what I call a fine day’s work, wouldn’t you say? 🌟

But don’t get too excited, folks. Despite today’s little dance, the price of XLM is taking a tumble after hitting a local resistance of $0.2540. If the daily bar closes below the local support of $0.2485, we might just see a correction heading down to the $0.2460 mark. 📉

On the longer time frame, the price of XLM has made a false breakout of the resistance of $0.2532. If the daily candle closes far from that mark, the bears might just come out of their dens, leading to a correction to the $0.2450 zone. 🐻

From a midterm point of view, it’s a bit too early to start making any grand predictions, seeing as the week has just begun. However, if the bar closes above the previous candle’s high ($0.2519), we might just see some more growth, pushing up to the $0.26-$0.28 range. 📈

At the time of writing, XLM is trading at $0.2490. So, keep your eyes peeled and your wallets ready, folks! 🤑

Read More

2025-07-07 13:59