AI predicts XLM price for July 31 after 85% spike
Stellar (XLM) is breaking out alongside the broader cryptocurrency market, with an artificial intelligence (AI) model forecasting a potential push past the $0.50 resistance level by the end of July. As of press time, XLM was trading at $0.46, up 20% in the past 24 hours and 86% over the last week. XLM one-week price chart. Source: Finbold Amid the rally, Finbold consulted OpenAI’s ChatGPT model, which outlined several possible price scenarios for the cross-border payment token. In a bullish case, driven by continued market strength or positive project developments, XLM could climb to between $0.55 and $0.62. A neutral scenario might see the price consolidate between $0.42 and $0.48, potentially retesting the support level. However, ChatGPT noted that if momentum fades due to a Bitcoin (BTC) cooldown or profit-taking, XLM could retreat to the $0.35 and $0.40 range. The AI model’s base case assumes Bitcoin remains above the $115,000 to ...