The market opened with a downtrend today. Just after a few hours, there was a slight improvement in the coins’ prices. We are expecting that by the day’s end, the speculative upsurge would also take place. Stellar (XLM) is on the same path. The currency started with a loss and is reflecting positive signs of turning into profit. The last couple of days have been quite impressive for Stellar. Traders are interested in the coin more than ever.
Stellar Price Analysis
If we look at Stellar price movement since yesterday, it is indicating a slight upsurge. Yesterday, XLM started with a volatile movement. The price slipped from $0.05899 to $0.05832 by 1.13%. There was an immediate recovery in the XLM price. The counters jumped to $0.05922 by 1.53%. Later, the XLM coin price dropped once again and reached from $0.05931 to $0.05806 by 2.10%. Towards the end of the day, the price switched from $0.05836 to $0.05927 with a progression of 1.56%. The day closed with a moderate intraday profit of 0.14% at $0.05868. Today, there was a similar movement as yesterday. First, Stellar price jumped from $0.05868 to $0.05919 by 0.88%. Further, the currency slipped from $0.05919 to $0.05839 by 1.36%. However, XLM has once again started recovering.
The traders are already impressed by the momentum of Stellar. The market cap is at 1,178,942,347 USD. The 24-hour volume of Stellar is 169,319,469 USD. There are 20,084,644,343 XLM coins currently circulating in the market. The ROI stands at 1872.61%.
As per Stellar Predictions by CryptoNewsZ, the future might bring the traders a colossal profit. It is anticipated that XLM might cross $0.073 by the end of the year. The currency seems promising for the long-term traders as it would bring them the expected result.