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Cryptocurrency News Articles
XLM Price Prediction: ChatGPT Predicts Stellar (XLM) Price for May
May 01, 2025 at 02:00 am
Stellar (XLM) has been trading inside a descending channel since late December 2024. After a strong rally toward $0.45 in December, the price began to trend downward
Stellar (XLM) has been trading inside a descending channel since late December 2024. After a strong rally toward $0.45 in December, the price began to trend downward, forming lower highs and lower lows for several months.
This downturn was largely driven by Bitcoin’s performance, as it dropped from highs of around $105,000 to lows of $80,000 during that period. However, recently, Bitcoin has shown signs of recovery, rising back above $94,000. This could be a key factor to watch for Stellar’s recovery as well.
By mid-April 2025, the XLM price dropped to a key support zone between $0.22 and $0.24. That area has held strong multiple times before, including just ahead of the major breakout in November. Once again, it acted as a reliable base, XLM bounced more than 15% from that low and is now trading at around $0.2702 at the time of this post.
After a strong rally toward $0.45 in December 2024, the price of Stellar (XLM) dropped to a key support zone between $0.22 and $0.24 by mid-April 2025. This area, which has been tested several times before, acted as a reliable base for a bounce of more than 15%.
As the price dropped to the support zone, it also tested the lower boundary of a descending channel that had been forming since December. That channel is defined by connecting the peaks and troughs of the price with a downward-sloping line.
The upper boundary of the channel, which lies around $0.28 to $0.29, has acted as resistance several times before. As the price bounced off the lower zone and began to rise again, it encountered resistance at the upper channel boundary.
This resistance is evident in today’s daily candle, which shows a rejection at the top, and a long upper wick in the candle. This indicates that sellers might be stepping in at that level to prevent further gains.
If the price fails to break above $0.29 with good volume, it could be pushed back toward the lower part of the channel again. However, if Bitcoin can continue to show strength, a clean breakout above the channel could set the stage for a bullish shift.
Pessimistic Scenario: $0.22 – $0.24
In a bearish outcome, XLM gets rejected at $0.29 and drops back toward the April low. Weak volume, Bitcoin dipping below $85K, or a lack of meaningful developments in Stellar’s ecosystem, could send the price down to retest the $0.22–$0.24 support. If that zone breaks, $0.20 becomes the next likely target.
Realistic Scenario: $0.30–$0.32
If Stellar (XLM) price manages to break above $0.29 with consistent buying pressure, a slow grind toward $0.30–$0.32 becomes possible. Bitcoin staying stable or gradually climbing, plus increased usage of Stellar’s USDC and green bond tools, could support this move. It’s a range-bound, steady climb unless major momentum kicks in.
Optimistic Scenario: $0.38–$0.42
If Bitcoin heads toward $100K and XLM confirms a breakout above $0.30 with strong volume, the rally could extend much further. Strong headlines around Stellar’s enterprise growth, peer-to-peer energy settlements, or new tokenization pilots could bring renewed demand. In that case, XLM price might spike toward $0.38 or even $0.42, levels not seen since early 2022.
May could be a breakout month for Stellar if it clears the $0.29 wall. But as long as it stays inside the channel, the $0.22–$0.24 support zone remains just as important as the resistance. With Bitcoin in play and adoption headlines stacking up, traders should be watching both levels closely.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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