Stellar Lumens Follows a Bullish Bitcoin to New Highs

[Shahinaz]

On March 4, 2019, the price of Stellar lumens reached a low of $0.080. It has been on a gradual uptrend since.

Price increases accelerated on Apr 2. At the time of writing on Apr 3, XLM/USD had reached a daily high of $0.131.

Will prices keep going up or are lumens about to face a tragic correction?


Stellar Lumens (XLM): Highlights and Trends For April 3, 2019
- The price of Stellar lumens has been on an uptrend since Mar 4.
- XLM is trading inside an ascending channel.
- There is bearish divergence developing in the RSI.
- There is support near $0.12.

Ascending Channel
On Mar 4, the price made a low of $0.080. A rapid increase ensued, followed by a gradual decrease. The price made several lower lows.

Tracing these lows gives us an ascending support line:


source: https://beincrypto.com/xlm-stellar-lumens-price-analysis-04-03-2019/

[TanPhan]

I saw the price of Stellar moving up yesterday and I decided to invest some of my money into it, but the resistance still too strong that always stop Stellar to reach higher

[sampoerna]

Every altcoin looks like following the bullish Bitcoin for higher rates. It is also the same with Stellar lumens, the price is increasing along with the rise in BTC price. I think if Bitcoin continues to have higher rates, Stellar lumens will go to the moon soon.

[PackIsAwesome]

Stellar should be viewed as a long-term perspective. First, they still have airdrop, growth will be after it.
Secondly, the coin is relatively fresh.

[Alter]

From the beginning, I have realized that Stellar Lumens will follow the increase very well. Now, everybody can see that Stellar has improved its value quite high. But I think we need to expect more increases. The price of Stellar should be more than its price today.

[masudginanjar]

The effect of Bitcoin is to frighten all altcoins.
I believe until whenever Altcoins will submit to Bitcoin and that's been seen from now on the Binance market.

[coinlurker]

On March 4, 2019, the price of Stellar lumens reached a low of $0.080. It has been on a gradual uptrend since.

Price increases accelerated on Apr 2. At the time of writing on Apr 3, XLM/USD had reached a daily high of $0.131.

Will prices keep going up or are lumens about to face a tragic correction?


Stellar Lumens (XLM): Highlights and Trends For April 3, 2019
- The price of Stellar lumens has been on an uptrend since Mar 4.
- XLM is trading inside an ascending channel.
- There is bearish divergence developing in the RSI.
- There is support near $0.12.

Ascending Channel
On Mar 4, the price made a low of $0.080. A rapid increase ensued, followed by a gradual decrease. The price made several lower lows.

Tracing these lows gives us an ascending support line:


source: https://beincrypto.com/xlm-stellar-lumens-price-analysis-04-03-2019/

Great effort done by you to attach the chart pictures of XLM coins to me i do hope that the rising will continue but that is just our hope as stellar is facing a big resistance here, hope that new volume will be inject into XLM or crypto for a bigger bull move.

[Bobcrypto]

The current bullish stellar price  is wonderful after what look like a collapse few weeks back. I think stellar look very strong and capable of resisting a bear situation, at leats, for the upcoming month.

[Whate]

I think if Bitcoin continues to have a higher level, the Stellar lumen will immediately go to the moon. Every altcoin looks like following Bitcoin which is bullish to get a higher price.  As with Stellar lumens, the price increases as the price of BTC increases.

[IyemRoker]

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Since the beginning of Bitcon's emergence, it was like because the effects of both Bitcoin and ALtcoins could be mutually friendly or hostile in price.
Now I see Bitcoin having the effect of giving Theraphy Sock to all altcoins, include Stellar Lumens .

[trauchot]

Stellar has always shown excellent results and every time pleased with good achievements, so I completely trust this altcoin and I wait when Stellar will grow more and will bring me excellent income.

[mimikri]

Stellar has always shown excellent results and every time pleased with good achievements, so I completely trust this altcoin and I wait when Stellar will grow more and will bring me excellent income.

I would better choose decentralized altcoins like DASH and Monero or just BTC or even ETH. Stellar seems to lose its positions, although everything can be changed.

[zilzylian]

I will look at the amount of coins I want to have when I want to invest, stellar are coins that have been around for a long time since Jed McCaleb made this idea, I think I will invest for a long time, it's just a matter of time when all coins follow BTC prices,the value of coins will always wait for the price of BTC and if we ask why this situation always happens, because cryptocurrency still needs a lot of time to be received by each country and use it for transactions

[kent47400]

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Indeed, the long steps needed for Stellar can be received in various countries because Stellar if BitcoinCash is compared to BitcoinCash first received in various countries such as Venezuela, South Africa and Asia.
It's true that what you say "takes time" to see Stellar will shine brightly.

[jonathancool220]

When talking about the price of Bitcoin that is Bullish then it is very important to pay attention in terms of FUD and NEWS, but if you speak of Stellar price increases it is very difficult to guess also because Bitcoin remains a priest for all altcoins including Stellar.
Stellar is not yet at its highest peak because I'm sure Stellar will also rise again along with the increase in Bitcoin prices.