{"id":654764,"date":"2024-11-25T06:30:25","date_gmt":"2024-11-25T06:30:25","guid":{"rendered":"https:\/\/uniquehot.com\/?p=654764"},"modified":"2024-11-25T07:09:30","modified_gmt":"2024-11-25T07:09:30","slug":"stellar-shines-xlm-rockets-over-180-in-just-one-week-details","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/stellar-shines-xlm-rockets-over-180-in-just-one-week-details\/","title":{"rendered":"Stellar Shines: XLM Rockets Over 180% In Just One Week – Details"},"content":{"rendered":"

Over the past week, Stellar native cryptocurrency, XLM, has experienced a solid 180% increase<\/a>, causing a stir in the cryptocurrency market. As the token approaches its all-time peak, investors and analysts are abuzz with excitement.<\/p>\n

Related Reading: XRP Below $1? Not Happening, Claims Millionaire Analyst<\/a><\/div>\n

Stellar’s market capitalization has reached $17.3 billion<\/a>, surpassing Shiba Inu and approaching the top 10 cryptocurrencies, following an impressive 480% increase in the last month.<\/p>\n

Many people are wondering if XLM can keep up this impressive performance or if it is about to take a turn for the worse. The path of the token is definitely interesting, even though experts seem to have different opinions.<\/p>\n

\n

#XLM<\/a> price has increased by over 480% in the past 30 days and more than 180% in the past 7 days. Currently, #Stellar<\/a> is trading at $0.566, meaning it is only a few steps away from reaching its previous all-time high. pic.twitter.com\/SrdPgDAoio<\/a><\/p>\n

\u2014 Cryptowizard101 (@realwizard101) November 24, 2024<\/a><\/p><\/blockquote>\n

\"\"<\/p>\n

Stellar: Riding A Wave Of Optimism<\/h2>\n

The significant buying interest and expanding investor confidence that drove XLM’s price increase<\/a> from $0.302 to a peak of $0.6342 are indicative of a robust bullish push. Stellar’s founder, Jed McCaleb, heightened the anticipation by referring to the initiative as “the most underrated and least understood crypto.”<\/p>\n

\n

A lot of new people looking at Stellar so I thought I’d write down some quick thoughts about why Stellar is worth your time.
\nIMHO Stellar is the most underrated and least understood crypto project. A lot of recent attention but people are still sleeping on this network.<\/p>\n

Stellar\u2026<\/p>\n

\u2014 Jed McCaleb (@JedMcCaleb) November 23, 2024<\/a><\/p><\/blockquote>\n

His audacious statement is consistent with the increasing sentiment that Stellar’s potential is finally being acknowledged.<\/p>\n

Historical tendencies support optimism. XLM’s recent rise resembles its November 2017 and 2021 explosions, suggesting a cyclical trend. Analysts say the token is about to break out of a long-term descending triangle pattern, which might lead to a bullish phase if resistance levels are broken.<\/p>\n

\"\"
XLM market cap currently at $15.6 billion. Chart: TradingView.com<\/a><\/figcaption><\/figure>\n

Overbought?<\/h2>\n

In spite of the current surge in interest, technical signs point to caution. The Relative Strength Index for XLM has risen to 92, much above the 70 threshold for an overbought level. This frequently acts as a precursor to a potential price adjustment.<\/p>\n

Similarly, the price of XLM has broken beyond the upper limit of its Bollinger Bands, a measure of volatility. This suggests that the asset may have been overextended.<\/p>\n

Related Reading: Chainlink Rockets 20%: Whale Activity Sparks Break From Bear Trend<\/a><\/div>\n

The Road Ahead For XLM<\/h3>\n

Though there is always chance of short-term challenges, XLM’s long-term future seems bright. In the next three months analysts predict an 81% rise; in the next six months a 48% rise; then in the next year a 41% rise. These figures clearly show the great faith in Stellar’s foundations and the optimistic momentum of the larger market.<\/p>\n

The primary concern is whether Stellar can maintain its growth and reclaim its all-time high as it approaches critical resistance levels. Although caution is necessary, the current rally emphasizes the growing interest in Stellar’s ecosystem, rendering XLM a token that should be closely monitored in the months ahead.<\/p>\n

Featured image from shutterstock\/Yuriy Mazur, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Over the past week, Stellar native cryptocurrency, XLM, has experienced a solid 180% increase, causing a stir in the cryptocurrency market. As the token approaches its all-time peak, investors and analysts are abuzz with excitement. Related Reading: XRP Below $1? Not Happening, Claims Millionaire Analyst Stellar’s market capitalization has reached $17.3 billion, surpassing Shiba Inu and approaching the top 10 cryptocurrencies, following an impressive 480% increase in the last month. Many people are wondering if XLM can keep up this impressive performance or if it is about to take a turn for the worse. The path of the token is definitely interesting, even though experts seem to have different opinions. #XLM price has increased by over 480% in the past 30 days and more than 180% in the past 7 days. Currently, #Stellar is trading at $0.566, meaning it is only a few steps away from reaching its previous all-time high. pic.twitter.com\/SrdPgDAoio \u2014 Cryptowizard101 (@realwizard101) November 24, 2024 Stellar: Riding A Wave Of Optimism The significant buying interest and expanding investor confidence that drove XLM’s price increase from $0.302 to a peak of $0.6342 are indicative of a robust bullish push. Stellar’s founder, Jed McCaleb, heightened the anticipation by referring to the initiative as “the most underrated and least understood crypto.” A lot of new people looking at Stellar so I thought I’d write down some quick thoughts about why Stellar is worth your time. IMHO Stellar is the most underrated and least understood crypto project. A lot of recent attention but people are still sleeping on this network. Stellar\u2026 \u2014 Jed McCaleb (@JedMcCaleb) November 23, 2024 His audacious statement is consistent with the increasing sentiment that Stellar’s potential is finally being acknowledged. Historical tendencies support optimism. XLM’s recent rise resembles its November 2017 and 2021 explosions, suggesting a cyclical trend. Analysts say the token is about to break out of a long-term descending triangle pattern, which might lead to a bullish phase if resistance levels are broken. Overbought? In spite of the current surge in interest, technical signs point to caution. The Relative Strength Index for XLM has risen to 92, much above the 70 threshold for an overbought level. This frequently acts as a precursor to a potential price adjustment. Similarly, the price of XLM has broken beyond the upper limit of its Bollinger Bands, a measure of volatility. This suggests that the asset may have been overextended. Related Reading: Chainlink Rockets 20%: Whale Activity Sparks Break From Bear Trend The Road Ahead For XLM Though there is always chance of short-term challenges, XLM’s long-term future seems bright. In the next three months analysts predict an 81% rise; in the next six months a 48% rise; then in the next year a 41% rise. These figures clearly show the great faith in Stellar’s foundations and the optimistic momentum of the larger market. The primary concern is whether Stellar can maintain its growth and reclaim its all-time high as it approaches critical resistance levels. Although caution is necessary, the current rally emphasizes the growing interest in Stellar’s ecosystem, rendering XLM a token that should be closely monitored in the months ahead. Featured image from shutterstock\/Yuriy Mazur, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":654769,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[142,6664,3970,12220],"class_list":["post-654764","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoins","tag-crypto","tag-stellar","tag-xlm"],"acf":[],"yoast_head":"\nStellar Shines: XLM Rockets 180% In Just One Week - Details<\/title>\n<meta name=\"description\" content=\"Over the past week, Stellar native cryptocurrency, XLM, has experienced a solid 180% increase, causing a stir in the cryptocurrency market. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/uniquehot.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Stellar Shines: XLM Rockets Over 180% In Just One Week – Details","url":"http:\/\/uniquehot.com\/news\/stellar-shines-xlm-rockets-over-180-in-just-one-week-details\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/stellar-shines-xlm-rockets-over-180-in-just-one-week-details\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/a_df272c.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/a_df272c.jpg?fit=1920%2C1080"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoins","crypto","stellar","xlm"],"dateCreated":"2024-11-25T06:30:25Z","datePublished":"2024-11-25T06:30:25Z","dateModified":"2024-11-25T07:09:30Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Stellar Shines: XLM Rockets Over 180% In Just One Week – Details\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/stellar-shines-xlm-rockets-over-180-in-just-one-week-details\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/stellar-shines-xlm-rockets-over-180-in-just-one-week-details\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/a_df272c.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/a_df272c.jpg?fit=1920%2C1080\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoins\",\"crypto\",\"stellar\",\"xlm\"],\"dateCreated\":\"2024-11-25T06:30:25Z\",\"datePublished\":\"2024-11-25T06:30:25Z\",\"dateModified\":\"2024-11-25T07:09:30Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/a_df272c.jpg?fit=1920%2C1080","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/654764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=654764"}],"version-history":[{"count":4,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/654764\/revisions"}],"predecessor-version":[{"id":654773,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/654764\/revisions\/654773"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/654769"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=654764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=654764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=654764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}