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Stellar (XLM) Lumen is one of those cryptocurrencies that are popular to use both within blockchain-focused communities and traditional businesses. Stellar provides advanced speed of transactions, is customizable and highly accessible.
The worst year in the XLM price history was 2018 as for almost every coin. The current year does not show a positive trend for the price of Steller’s lumens, as it continues to fall in value from January 1, 2019, the price of XLM decreased from $0.11 to $0.7 USD per coin by 37% in total.
In February of this year, we’ve predicted a serious increase in the price of lumens in mid-2019, which actually happened – at peak values, the XLM price in May 2019 reached ~$0.16 USD when the BTC started its rally.
What is Stellar Lumens About?
Stellar is one of the altcoins that weren’t designed based on the Bitcoin’s source code. The Stellar platform is a provider of foreign exchange transactions that operates in real time via its internal coin – Stellar Lumens (XLM). It was founded by Jed McCaleb and Joyce Kim while they were still working on the Ripple system in the early 2014.
The XLM coin was later re-established as an independent project powered with by Stellar Lumens. Stellar is now developed by the Stellar Development Foundation, an organization founded to support the maintenance and funding of the crypto.
However, Stellar is more than just a cryptocoin. The Stellar project established a number of different services on top of the platform. The project currently offers token issuance, decentralized exchange and a desktop client.
The coin also provides the Horizon API, a solution that offers the usage of the Stellar technologies to build new applications. The wide technological functions of the coin improved both Stellar price predictions and its implementation opportunities.
Read more about Stellar in the corresponding article.
Some of the Stellar use cases are:
- Micropayments within business and between private entities
- Remittances sending
- Mobile reach for financial services
- Improvement of transactions’ security
- Automatic currency exchange
Stellar is already implemented in the business processes of such companies as Deloitte, Parkway Projects and some others. The enterprise-friendliness of the coin is often stated as one of the main reasons behind the positivity of most XLM price predictions.
XLM Lumens Price Analysis Since Launch in 2017
Note: the XLM price history graph presented above is logarithmic, so the real difference in the height of its peaks is more significant than it looks.
Stellar Lumens, the units of digital currency of the project, have a low price per coin. These coins are mostly bought (or invested in) in significant numbers. For almost three years after the platform’s deployment, the price for 1 XLM lumen was around 0.2 cents.
The Stellar price history chart shows that the first significant increase in the XLM’s price happened in May 2017. Its value came close to be a little over 5 cents per coin; the coin price was 25 times its value in the previous years.
Another major jump of its price started in November, 2017. The ascending trend peaked in January 4th, 2018, when the price reached its current record of 85 cents.
Stellar Price Analysis for 2018 & 2019
Since its peak in January, Stellars price is on a downtrend. However, unlike other cryptocurrencies (most of which are also descending in price), XLM’s volatility provided the coin with several significant increases in the price too.
The Stellar price analysis shows that the coin experienced significant growth in April and July. Nevertheless, Stellar price is now ten times lower than it was at the start of the year.
However, since February 2019 Stellar has experienced a price peak of ~$0.16 in May with overall raise in 40% on the positive news about Wirex, UK-based, FCA-regulated borderless payment platform, going to create 26 stablecoins on Stellar’s blockhain for EU citizens.
Technical Analysis of XLM
We’re are not going to pretend that we have technical analysis expertise, but here is the aggregate rating for Stellar Lumens (XLM) from several traders & analysts on TradingView.
XLM Lumens Price Prediction for Q4 2019 & 2020 years
There are several scenarios that seem probable in terms the XLM price prediction for late 2019 and 2020 years.
#1. Beincrypto.com Price Prediction Q3 2019 – 2020
Beincrypto.com relies on an analysis of the XLM chart with a three-day step from January 2015 to March 2018 and makes a price forecast for Stellar’s XLM will range from $0.07 to $0.2 USD in 2019.
And again, they expect the price of XLM to be around $45 (!) in December 2020 by analyzing Stellar’s coin price history.
#2. WalletInvestor on Stellar Price Prediction for late 2019 & 2020
Automatic WalletInvestor’s forecasts based on the current trend and basic technical analysis, predict that the price of XLM can reach $0.137 USD by the end of the 2019 year, but overall will continue to fall and will trade at $0.0165 in the fourth quarter of 2020 in a year.
#3. LongForecast.com Bearish 2019-2020 Predictions
Another automatic cryptocurrency price forecasts service claims that we should not expect anything good from the value of XLM in the coming years. At the end of 2019, they see the price for lumens around of $0.05 per coin and it will continue to fall to the price of $0.028 in the late 2020.
#4. AltPocket.io Bullish XLM price forecast 2020-2025
Despite the obvious current downtrend, AltPocket expert expects to see growth in the long-term, predicting Stellar coin price of $10 in 2020 and $30 in 2025.
#5. Crypto Rating Moderate XLM Price Prediction
Crypto Rating sees the price at $ 0.462117 in a year and $ 0.690293 in 5 years in 2024-2025. The forecast is also automatic, based on price fluctuations over the past 180 days.
Stellar (XLM) Lumens Price Prediction for 2019-2020 & 2025
Our forecast for Stellar Lumens is definitely positive and quite bullish, while maintaining the growth of the entire cryptocurrency market, and it seems to be inevitable.
Why will the price of XLM rise?
- An excellent project team led by one of the Ripple founders – Jed McCaleb.
- A successful working product, integrated or in partnership with companies such as IBM, Microsoft, Wirex, etc.
- The current price looks underestimated compairing it with Bitcoin price growth since the start of the year. Looks like a good time to enter.
Also read the project development plans and see for yourself, they have something to show to current and potential investors in the future.
Speaking of numbers, we expect the XLM to grow at least twice getting back to the price range of $0.10-0.15 per coin at the end of 2019. In the 3-5 years, perspective Stellar’s lumens will grow in value reaching up to 1 dollar at the end of 2020 and up to $3-5 in 2025.
Buy Stellar (XLM) at Best Rate
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. While price analysis is a useful tool, it should not be considered predictive for the future performance of any investment vehicle.
Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment. Website personnel and the author of this article may have holdings in the above-mentioned cryptocurrencies.