Stellar (XLM) is currently outperforming Ripple’s XRP cryptocurrency in the last 24 hours, with the former climbing 9% on Wednesday. XRP has remained nearly 9% higher in the past week, but XLM has recently shown an incredible promise. After a start and start until 2025, altcoins like XLM will finally climb, just as the rest of the cryptocurrency has acquired the pace.
Stellar and XRP are always correlated with price movements, both moves are tandem and vice versa. However, recent days show either a small segregation or an asset that outweighs other assets. This allows XLM to be configured to outperform XRP in future periods. Currently, XLM is trading at $0.363 and $0.258 between a moving average of 50-200. A break below either of the moving averages reveals the next move in XLM. If bullish momentum continues, assets may surge and attract even more attention from investors.
Despite this continuous climb, there are still mixed expectations for the stellar XLM in March. Analysts are mixing because they see the market as still weakening. Coin Platform’s forecast Concodex has not climbed much of its assets until the peak Altcoin season in April. “According to current star price forecasts, the star price is expected to rise by 7.80%, reaching $0.319,682 by April 3, 2025,” Cincodex said. “According to our technical indicators, the current emotions are bearish, and the fear and greedy indicators show 20 (extreme fear). Stellar recorded a 14/30 (47%) green day with a price fluctuation of 6.35% over the last 30 days. Based on the predictions of the stars, it’s now a bad time to buy a star.”
CONCODEX also predicts that XLM will not be reaping the bullish benefits of the Altcoin season this spring. In fact, the predictor suggests that the asset will continue to trade at this same price for the next three months. Meanwhile, other analysts say that XLM appears to form a reverse head and shoulder pattern in the daily time frame. The neckline is $0.365. Based on historic price momentum, if assets continue to increase, violate the $0.365 level and close on it, there is a strong possibility that they will surge 40% to reach $0.50 in the next few days.
