Machine learning algorithm sets Stellar (XLM) price for January 31, 2023

With the beginning of the new year, the cryptocurrency market has already started to demonstrate some careful optimism and recovery from the troubles that plagued it in the previous months, and that includes Stellar (XLM), which is recording solid gains on its weekly charts.

Meanwhile, the algorithms based on machine learning technology over at the cryptocurrency tracking website PricePredictions have set the price of Stellar at $0.082476 on January 31, 2023, as per the platform’s latest data retrieved by Finbold on January 11.

According to the algorithm, which draws insights from technical analysis (TA) indicators such as the moving average (MA), moving average convergence divergence (MACD), relative strength index (RSI), Bollinger Bands (BB), and others, this result would represent a 2.91% increase to the price of Stellar at press time.

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