Stellar Lumens Price Analysis: Stellar (XLM) Saw Quite A Ride In June 2019

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Stellar might be losing on IBM partnership soon! It seems that IBM is more interested in Libra getting into the news, which is surely affecting the price valuation of Stellar in the market. It has been seen from few days and weeks now that Stellar is losing the charm of its game in the chart.

Price Analysis of Stellar on 28th June 2019:

The value of Stellar (XLM) is trading at $0.11186 at 08:54 UTC on 28th June 2019. Following are the other major essentials contributing to the valuation of Stellar:

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Stellar Price Chart - 28 June
Stellar Price Chart
  • Return on Investment: 3576.86%
  • 24 Hour Volume: 596,388,006 USD
  • Market Cap: 2,124,196,614 USD
  • Total supply/Circulating Supply: 105,102,611,976 XLM/ 19,414,691,403 XLM
  • 7 Day high/low: 0.134813 USD / 0.103392 USD

XLM to USD Price Comparison:

Stellar has seen quite a ride in past 30 days. The highest was seen on 30th May with $0.144090 (dropped by 22.3% now). 9th June, the value got dropped to the lowest of $0.11650 (dropped by -3.9% now).  Soon enough on 22nd June, the value saw the second highest valuation at $0.1349, which dropped yesterday to the lowest again at $0.1051, which is now increased by 6.4% now.

Stellar Price Prediction and Conclusion:

Stellar is currently moving in the downtrend where the value is trading below the baseline. For new traders who wish to try their luck in Stellar Portfolio, this might be the right time to buy new coins as the price is on the lower edge.

The calculated resistance and support levels can be considered between $0.132 and $0.0913, respectively. For people to enjoy some profits, they might have to wait in patience for stellar to hop into the uptrend. Till then, good luck with buying new coins! With the trend right now, it is difficult to predict the price by the end of 2019, but it seems that it might float around $0.25 to $0.30.

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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