Stellar XLM Price Prediction March 2023

Stellar XLM Price Prediction March 2023

Stellar is still growing more than 200% since the March 12 crash, but has lost a significant share of its market capitalization over the past month from a high of $ 2.43 billion to its current low of $ 1.68 billion.

XLM has drawn a clear parallel channel on the daily chart. The bottom trendline has been defending for seven consecutive days this month. After a massive 15.6% collapse on September 3, the RSI was over-expanded and the price touched the lower trendline. Bulls jumped quickly and bought at the bottom, pushing XLM above the daily 200-MA.

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