Price Analysis

Stellar Exhibits a Hike of Nearly 3% Today; Will XLM Raise Its Bar?

Stellar price movement has been hasty from the last couple of days. The coin first jumped to an astounding level at $0.085, and then the currency was seen tremendously falling. Today, the XLM coin price is seen slightly recovering. The price of Stellar is at $0.07310.

Stellar Price Prediction

Yesterday, Stellar (XLM) started at $0.074355. The coin escalated to $0.07687 by 3.38%. The XLM price fell in the later hours to $0.07326 by 4.69%. There was a slight recovery spotted in the coin that took the price to $0.074827 by 2.13%. Further, the price again fell to $0.0695 by 7.12%. The last few hours before the closing reflected escalation of 2.42% as the price went to $0.07117. The intraday price movement exhibited an overall regression of 4.27%. Today, Stellar started moving up and has marked an escalation of 2.89%, and currently, it is trading at $0.07310.

Stellar (XLM) Price
XLM Chart By TradingView

Stellar Lumens is speculated to improve in the future. The traders can dig-in with a high prospect of return. For intraday traders, Stellar is indicating a slight upward movement, and it may reach up to its immediate resistance of $0.075. The XLM coin is recommended for short-term investment. However, we would recommend the traders to hold for some time to enter the trade and wait for the market to attain stability.

Resistance LevelPrice
Support LevelPrice

Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on world's leading digital currencies. She holds graduate degree in journalism.

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