The Stellar (XLM) price has increased considerably since it reached a low in March 2020. It has been rising at an accelerated rate over the past two months.

Major German real estate group Vonovia has used the Stellar blockchain to transfer the ownership of real estate rights.

Stellar stalled at $0.48 following the dip to $0.3. Sideways price action seems to have taken precedence, but XLM appears to be leaning to the bullish side. The cross-border token is also trading between two key levels that might determine its future. Meanwhile, Stellar is looking toward a 35% technical breakout, aiming for $0.65.

On January 7, XLM price peaked at $0.411 but had a major correction down to $0.21 in the next week. On January 28, the digital asset tried to climb above $0.34 unsuccessfully, closing below there. XLM attempted to crack this resistance level in the following days, again, failing to do so.

Stellar Lumens had neutral momentum in the market over the past two days, and only in the last few hours did the coin see a shift in momentum in favor of the bulls. This shift in sentiment indicated a move to the upside for XLM.

Over the past few trading sessions stellar lumens has seen a massive stride within the price.XLM has gained a new highs after the healthy retracement of the last month.It is currently trading at the value of $0.3008(at the time of writing) with a gain of 5% from the previous trading sessions. Currently it is ranked at 9 with the market capitalization of $6,621,056,665.

XLM price showed a slowdown in bullish momentum after surging approximately 100% since February 1. Now, Stellar awaits for volatility to resume its uptrend.

After forming a base above $0.2600, stellar lumen price started a strong increase against the US Dollar. The XLM/USD pair cleared the $0.3500 resistance level and settled above the 55 simple moving average (4-hours).

Stellar was trading sideways for close to two weeks before the recent sell-off. In previous articles, the potential of a massive breakout or breakdown was discussed as the Bollinger Bands were extremely squeezed.

Big news from Stellar is that they have just released Horizon 2.0. This major release has been years in the making. It permits people to deploy Horizon with fewer resources, under looser constraints, and with far more flexibility than ever before.

The Stellar blockchain has released its Horizon 2.0 platform, which will benefit enterprises, organizations, and developers. “Big news… we’ve just released Horizon 2.0,” Stellar announced on its Twitter handle. According to Stellar, V2.0 comes with “massive architectural and performance benefits.”

Stellar, an open-source network for storing and sending money, is trying to overcome the challenges faced by traditional remittances. Its consensus protocol helps it achieve a lower turnaround time and cost-effectiveness.

XLM has continued to trade sideways since we last reported about it. The digital asset remains locked inside a tightening range which will eventually burst. Let’s analyze some of the most important indicators to understand the most likely scenario.

While the bulk of the conversation about cryptocurrency might focus on famous names like Bitcoin (BTC) and Ethereum (ETH), it’s a good idea to learn about so-called altcoins like Stellar Lumens (XLM). Once you get to know Stellar Lumens, you might find yourself getting hooked on this unusual crypto coin.

After forming a base above $0.2300, stellar lumen price started a steady increase against the US Dollar. The XLM/USD pair cleared the $0.3000 resistance level and settled above the 55 simple moving average (4-hours).

Keep your eye on Stellar Lumens as there may be a similar move to Dogecoin

Stellar Lumens price continues to consolidate around the $0.300 level as XLM markets observe little momentum to a rally on either side. The declining trade volume suggests that XLM may continue to stay at this price level, but we’ll have to take a deeper look into the asset’s price action before making a judgment.

Stellar is up by 80% since its low established on January 27 at $0.23. The digital asset has topped out at $0.4225 on February 7, establishing a potential double top on the 12-hour chart.

Stellar (XLM) surged as much as 33% in just one hour as several technical indicators turned bullish, but quickly lost almost all of it as the day progressed. What’s next in the store for Stellar and should you consider buying XLM?

Stellar appears to have cooled off the rally after breaking above the crucial April 2018 hurdle at $0.465. A multi-year high has recently been established at $0.61, but bulls lost steam. The bulls aim to hold above the resistance turned support at $0.465 and plan for another attack mission to the record highs of $1.05.