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<ul> 
 <li>Stellar XLM experiences a modest price uptick amid bearish trends, challenging market sentiment.</li> 
 <li>Stellar may find a crucial support zone between $0.05 and $0.07, according to expert analysis.</li> 
 <li>Despite short-term bearish outlooks, long-term prospects hint at a possible rally towards $4.</li> 
</ul> 
<p>Stellar XLM’s price sees a modest but noteworthy 2% rise, trading around $0.118 in the early New York session on Monday. This comes after a bearish last week, but institutional investors like Circle USDC and BlackRock continue to bolster Stellar.</p> 
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
 <div class="wp-block-embed__wrapper"> <iframe title="Stellar XLM: XLM Targets close to $4!" width="640" height="360" src="https://www.youtube.com/embed/uHeh0LwwoF8?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe> 
 </div>
</figure> 
<p>Source: Youtube</p> 
<p>Nick, a renowned digital asset analyst, predicts a complex road ahead for XLM. He anticipates the price might retest the 50 daily moving average before potentially falling below the <a href="https://cryptonewsland.com/bitcoin-accumulation-surges-at-30200/">200</a> DMA.</p> 
<p>Despite short-term volatility, experts see a glimmer of optimism. According to Nick, the bearish sentiment won’t last forever; Stellar’s price could find significant support between $0.05 and $0.07. Long-term projections even indicate a price rally towards the $4 mark, contingent on demand and supply dynamics.</p> 
<p>In the future, Stellar and its native token XLM seem destined for positive undertakings. As decentralized finance gains traction, Stellar’s architectural soundness and institutional support are likely to usher it into a new era of exponential growth.</p> 
<h4 class="wp-block-heading" id="h-read-also">Read also:</h4> 
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/is-stellar-about-to-drop-a-bombshell-heres-what-we-know/">Is Stellar About to Drop a Bombshell? Here’s What We Know</a></li>
 <li><a href="https://cryptonewsland.com/why-you-shouldnt-ignore-stellars-current-price-momentum/">Why You Shouldn’t Ignore Stellar’s Current Price Momentum</a></li>
 <li><a href="https://cryptonewsland.com/why-stellar-could-be-the-next-big-thing-in-crypto-11-5-surge-in-a-volatile-market/">Why Stellar Could Be the Next Big Thing in Crypto, 11.5% Surge in a Volatile Market&nbsp;</a></li>
 <li><a href="https://cryptonewsland.com/why-stellar-lumens-xlm-could-soon-exceed-1-crypto-experts-take/">Why Stellar Lumens (XLM) Could Soon Exceed $1 – Crypto Expert’s Take</a></li>
 <li><a href="https://cryptonewsland.com/why-investors-keep-eyeing-stellar-xlm-despite-bitcoins-slump/">Why Investors Keep Eyeing Stellar XLM Despite Bitcoin’s Slump</a></li>
</ul> 
<p>The post <a rel="nofollow" href="https://cryptonewsland.com/how-stellar-could-defy-the-bearish-trend-and-skyrocket-to-4/">How Stellar Could Defy the Bearish Trend and Skyrocket to $4</a> appeared first on <a rel="nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.</p>

How Stellar Could Defy the Bearish Trend and Skyrocket to $4

Crypto News Land

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