- Stellar price prediction shows the crypto coin registered a 37 percent price surge during today’s trading session to settle above the $0.61 region.
- On the ascending triangular pattern, the $0.61 region rests on the upper range.
- Increased buying pressure could make Stellar surge by another 30 percent towards the $0.9 mark.
- A price consolidation is likely to occur around Stellar’s current demand region at $0.59 to $0.64.
As we head into the weekend, Stellar is currently enjoying massive buying pressure hence its current bullish momentum. The crypto coin is not the only currency enjoying the ongoing positive outlook as the entire cryptocurrency market and the global financial markets are also basking in the glory. At the time of writing, Stellar is exchanging hands at around $0.66.
Stellar Price Prediction: General price overview
Recently, Stellar has been receiving fundamental developments on its platform, supporting its current bullish posture. For instance, USDC token recently announced their collaboration with the Stellar platform. Additionally, one of the companies associated with USDC, Tala, also announced the ability of their users to access Stellar within their virtual wallets. All these developments are increasing cross-border transactions with Stellar.