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
R1$0.075277
R2$0.078667
R3$0.08103
Support LevelPrice
S1$0.069524
S2$0.067161
S3$0.063771
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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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