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Price Analysis

Stellar Lumens Price Analysis: Stellar (XLM) Still Stuck With Equilibrium Position!

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Denelle Dixon, CEO of Stellar Development Foundation, has recently shared her words and vision for the currency. Her vision is to provide a platform for the users where they can transfer the value anywhere without worrying about the nation borders. This is her mission for the future as talked about on the official Stellar website.

Such a presence helps in improving the confidence of the users and increase the loyalty of the currency. Time will tell if it is of any success or not.

Price Analysis of Stellar on 25th June 2019:

At 08:43 UTC, Stellar is trading at $0.1270 as on 25th June 2019. The other important statistics are as below:

Stellar Price Chart - 25 June
Stellar Price Chart
  • Return of Investment: 4180.59%
  • Total supply/Circulating Supply: 105,102,611,976 XLM/ 19,412,681,254 XLM
  • Market Cap Value: 2,472,733,147 USD
  • 24 Hour Volume: 380,000,303 USD
  • 7 Day high/low: 0.134813 USD/ 0.120807 USD
  • Market Ranking: 12

XLM Price Comparison:

Since the start of the month, the highest value until now was seen on 3rd June with a trading value of $0.1395, which is now dropped by 8.9% from then. The lowest, on the other hand, was seen on 9th June with a trading value of $0.1166, which is now increased by 8.9%. Seems like the current trading value is in equilibrium from the highest and lowest of the month. But it is still trending below the baseline concerning the traders who have invested in the coin.

Stellar Price Prediction and Conclusion:

Stellar might be moving towards the bullish trend soon with some new partnerships and announcements. Till then, traders can bid under the safer resistance level and support level of $0.101 and $0.123 respectively. For now, it seems that commenting on the value of Stellar to reach $1 is way far from reality. We can predict or assume that the value might reach up to $0.25 to $0.30 by the end of 2019.

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Ruti Vora

Ruti has recently joined CryptonewsZ as a writer and has been writing on other cryptocurrency sites as well. Having a background of tech field makes her versatile with a keen interest in literature. You will find her surrounded by books and music when she is not on work. You can also contact her on Linkedin or Facebook.
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