Stellar (XLM)

Another year has passed, and so many things have happened in the cryptocurrency industry that it’s hard to grasp it all took place within 12 months. With this article, we will take a look at some of the most influential altcoins throughout 2021. This doesn’t aim to summarize solely price performance, although it’s been considered, but the overall impact on the market, as well as potential future implications. It’s also worth noting that it’s questionable if the market would...

Stellar lumen price is attempting a fresh increase from the $0.2500 zone against the US Dollar. XLM price is now trading above $0.2800 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $0.2930 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.3000. Stellar lumen price is trading in a positive zone above $0.2800 against the US Dollar, similar to...

Stellar lumen price is attempting a recovery from the $0.2500 zone against the US Dollar. XLM price is now trading above $0.2650 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.2600 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.2800. Stellar lumen price is trading in a bearish zone below $0.2800 against the US Dollar, similar to...

Stellar lumen price started a fresh decline from the $0.3100 resistance against the US Dollar. XLM price is now trading below $0.3000 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.2720 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.2850. Stellar lumen price is trading in a bearish zone below $0.3000 against the US Dollar,...

Stellar lumen price started a fresh decline from the $0.3600 resistance against the US Dollar. XLM price is now trading below $0.3000 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $0.2900 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.3000. Stellar lumen price is trading in a bearish zone below $0.3000 against the US Dollar, similar to...

Grayscale Investments, the digital asset manager with over $50B in AUM, announced the launch of its 16th investment vehicle – the Grayscale Solana Trust. The company’s press release, dated November 30th, explained that the new Trust will “solely and passively” invest in SOL – the native cryptocurrency of the popular blockchain project, Solana. The product is already available for daily subscriptions by eligible individual and institutional accredited investors. The Grayscale...

Stellar lumen price started a fresh decline from the $0.3500 resistance against the US Dollar. XLM price is now trading just below $0.3300 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3300 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.3300. Stellar lumen price is trading in a bearish zone below $0.3500 against the US Dollar, similar...

Stellar lumen price started a fresh decline from the $0.4000 resistance against the US Dollar. XLM price is now trading just below $0.3500 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3420 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.3200 support zone in the near term. Stellar lumen price is trading in a bearish zone below $0.3550 against the US...

Stellar lumen price is consolidating above $0.3500 against the US Dollar. XLM price is now trading above $0.3600 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.3700 on the 4-hours chart (data feed via Kraken). The pair could start a fresh increase if there is a clear break above the $0.4000 resistance. Stellar lumen price is trading well above $0.3500 against the US Dollar, similar to bitcoin. XLM price must...

Cryptocurrency mining and environmentalism did not usually go hand in hand in conversations about the development of the blockchain industry, but one tweet from Tesla CEO Elon Musk was enough for the crypto community to start worrying about what Bitcoin and Proof-of-work miners are doing to the planet. An investigation by Forexsuggest studied several cryptocurrencies and measured how polluting they are, calculating the estimated carbon emissions and the amount of resources...