Stellar (XLM) is currently trading at $0.2315, reflecting a 2.31% decline over the last 24 hours, but the trading volume increased by 14.87% to $203.68 million.
Analysts predict that a breakout above $0.252 could trigger a long-term bullish trend for Stellar.
Long-term forecasts for Stellar vary, with predictions of reaching approximately $0.51 in early 2025, and a peak of around $0.94 by the end of 2025, depending on market sentiment and crypto adoption.
Investors are closely observing technical levels for Stellar, with a focus on breaking past the $0.252 level to signal renewed optimism and potential price rallies.