Stellar Lumens Price Analysis: Stellar (XLM) Price Surge Attracts Traders

Stellar Lumens price started with a bullish trend in the market. Currently, the coin is maintaining a great pace in the market. The upcoming hours are likely to result in fetching intraday returns to the investors. The market is also showing a positive indication for the rest of the day.

The entire week has been quite adventurous for the traders. The price surge and drop were observed all week long. However, the price drops had no legs, but the intraday traders would have suffered because of the same. For the coming week, we are positive that coin will reflect an upward movement in the chart.

Current Statistics of Stellar Lumens:

The price chart is taken from Trading View on 15th June 2019, at 03:43:34 UTC for price analysis.

Stellar Price Chart -15 June

Summary of Statistics:

  • The current trading price of Stellar is $0.1260.
  • The Return on Investment (ROI) is 4,180.69%.
  • The 24hr volume of XLM is 360,839,826 USD.
  • Out of the total supply of 105,062,532,892 XLM, the circulating supply is 19,408,199,974 XLM.
  • The market capitalization is 2,472,214,862 USD.

Looking at the chart, we can observe that yesterday, the price started with a bearish trend and at around 12:00 UTC the fall was recorded as the significant drop of the day. The price struggled to climb up but till 21:00 UTC, the coin was unable to cross $0.1217434. During the last hour of the day, XLM price recovered at high speed and closed at $0.1253060. Today, the movement in Stellar is utterly opposite than yesterday. The price started moving upwards right from the starting of the day and giving a progression of 1.15%, as the price of stellar jumped from $0.1245932 to $0.1260330. The coin is expected to give good counters the entire day.

Stellar Price Comparison:

If we compare the current XLM price from that of the last month which was $0.1203881, then the progression marked would be around 4.68%. In between the given period, the market suffered from a considerable price drop, so acquiring a profit of 4.68% after the fall is commendable.

Stellar Price prediction and Conclusion:

Many coins in the crypto market couldn’t recover from the recent price drop, but stellar has shown a subsequent recovery. The upcoming days for Stellar are indicating a brighter future.

As per experts’ Stellar Prediction, by the end of 2019, Stellar might touch $0.5. However, the resistance level and support level between $0.128 and $0.120 as of now. The long-term and short-term investors can dig in for huge dividends.

Ruti Vora

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

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