Stellar price sits in a falling wedge Tuesday. Looks bullish.
Denelle Dixon talks up WisdomTree Prime's ongoing Stellar network integration for stock-tracking digital funds. Progress continues.
Charts hint at a possible rally. Bulls seem to want $0.45.
Stellar (XLM) hovers around $0.37 inside a falling wedge pattern Tuesday. Might break out soon. Denelle Dixon, who runs the Stellar Development Foundation, recently pointed out that WisdomTree Prime keeps using Stellar's network for those digital funds tracking stocks. Pretty significant for XLM's adoption journey. The charts? They're kinda suggesting upward movement with bulls eyeing $0.45.
Stellar's network gaining traction
Denelle Dixon recently confirmed WisdomTree Prime's continued use of Stellar for listing digital stock-tracking funds remains "a huge step in the right direction."
She insisted Stellar has "been ready for this development" and keeps delivering on its tech promises.
This fits with what's happening broadly. Traditional finance is warming up to blockchain. Big forex players for 2025 - IG, Interactive Brokers, Saxo Bank - they're starting to see value in networks like Stellar, especially for their big clients. Better liquidity. Better compliance.
If things keep going this way, Stellar might really benefit. Its tokenized asset setup could mean faster settlements. Regulatory alignment too. Dixon's optimism about WisdomTree isn't just talk - Stellar seems positioned to capitalize on this shift.
Stellar Price Forecast: Bulls want $0.45
Stellar's been stuck in this falling wedge since mid-July. It's now approaching the upper boundary. Break that, and bulls take control.
If XLM pushes above the upper trendline and stays above its 50-day EMA at $0.38, we might see it climb toward $0.45.
The RSI sits at 47, almost at neutral 50. Bearish momentum seems to be fading. For bulls to stay in charge, that RSI needs to cross above 50. The MACD crossed bullishly earlier this week. Buy signals appeared. Momentum looks better now.
XLM/USDT daily chart
A rejection at the upper trendline? XLM could fall back to $0.35 support.
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Stellar Price Forecast: WisdomTree Prime rides Stellar network wave, Dixon points to growth
Stellar (XLM) hovers around $0.37 inside a falling wedge pattern Tuesday. Might break out soon. Denelle Dixon, who runs the Stellar Development Foundation, recently pointed out that WisdomTree Prime keeps using Stellar's network for those digital funds tracking stocks. Pretty significant for XLM's adoption journey. The charts? They're kinda suggesting upward movement with bulls eyeing $0.45.
Stellar's network gaining traction
Denelle Dixon recently confirmed WisdomTree Prime's continued use of Stellar for listing digital stock-tracking funds remains "a huge step in the right direction."
She insisted Stellar has "been ready for this development" and keeps delivering on its tech promises.
This fits with what's happening broadly. Traditional finance is warming up to blockchain. Big forex players for 2025 - IG, Interactive Brokers, Saxo Bank - they're starting to see value in networks like Stellar, especially for their big clients. Better liquidity. Better compliance.
If things keep going this way, Stellar might really benefit. Its tokenized asset setup could mean faster settlements. Regulatory alignment too. Dixon's optimism about WisdomTree isn't just talk - Stellar seems positioned to capitalize on this shift.
Stellar Price Forecast: Bulls want $0.45
Stellar's been stuck in this falling wedge since mid-July. It's now approaching the upper boundary. Break that, and bulls take control.
If XLM pushes above the upper trendline and stays above its 50-day EMA at $0.38, we might see it climb toward $0.45.
The RSI sits at 47, almost at neutral 50. Bearish momentum seems to be fading. For bulls to stay in charge, that RSI needs to cross above 50. The MACD crossed bullishly earlier this week. Buy signals appeared. Momentum looks better now.
XLM/USDT daily chart
A rejection at the upper trendline? XLM could fall back to $0.35 support.