Will XLM Price retest July month high?
Stellar price prediction is bullish and suggests decent rise is possible in the coming months. XLM price performed well in the previous month and displayed a massive breakout. XLM crypto price succeeded to climb above the 50-day and 200-day EMA. It shows the positional trend has reversed in upward direction. So, any short downfall will be easily absorbed by the buyers. In the mid of July, XLM crypto witnessed a massive spike in buying volume and prices surged 61% in a single day. It triggered the positive sentiment and created a hope for more upward momentum. Later, prices witnessed minor profit booking and retrace 50% of the breakout level. Stellar price took support near $0.1200 and prices again bounced back and tested the previous highs. However, $0.1800 turned out as a strong hurdle and prices seem to be stuck into the wide range consolidation. Presently, XLM price is retracing down and likely to test the EMAs in coming weeks. Stellar price is trading at $0.1410 with an intraday rise of 1.44%. The 24-hour volume to market cap is 3.50%. Will Stellar Price bounce back from EMA support? Stellar price prediction favors the bulls and suggests short-term rise is possible. The overall crypto market is recovering which might