Stellar Lumens Price Analysis: Stellar (XLM) To Escalate Soon From The Shadows Of Grim

Stellar is preparing everyone for the Meridian Conference in November. Followers are expecting huge announcements in this conference which will help in improving the capitalization of Stellar. As of now, the price might not manifest good escalations, but hopefully, the conference will make it worth the entire wait.

We know you love #Stellar events and want to see more. We've had a big one in the works for a while and are excited to finally announce our #StellarMeridian Conference in November!

Check out the blog: https://t.co/oLFy1BokWH

And the Meridian website: https://t.co/lRAGVzWOTl pic.twitter.com/eaIpDWgHQ8

— Stellar (@StellarOrg) June 10, 2019

Price Analysis on Stellar on 4^th July 2019:

XLM is currently trading at $0.10311 at 06:11 UTC as on 4^th July 2019. The other calculations are as follows:

• Return on Investment: 3415.47%
• Market Ranking: 12
• 24 Hour Volume: 405,170,491 USD
• Market Cap Value: 2,032,038,851 USD
• Total supply/ Circulating Supply: 105,122,657,252 XLM/ 19,424,973,096 XLM
• 7 Day high/ low: 116721 USD/ 0.099550 USD

Stellar Price Comparison:

Considering the price data from the start of this month until now, 1^st July had the highest trading value of 0.1099 USD in the said time frame. However, the value was dropped by 8.68% by the next day, reflecting the lowest price 0.137769 USD. By 3^rd July, the value saw an upsurge of 5.14% when the value was trading at 0.1055 USD from that of 0.10042665 USD. The value further increased to $0.1062, which now dropped by 2.9% from then.

Stellar Price Prediction and Conclusion:

Today, it seems to have a similar trend as it had manifested two days back. Stellar is still trending in the bearish zone with calculated resistance level and support level of $0.1091 and $0.1021 respectively. In this zone, the number of supplies can increase as it invites new investors on board.

Investors who have Stellar in their portfolio might be feeling a crunch right now. However, as per our Stellar prediction, the timely move might be to hang in there for Stellar to escalate back in the upward direction.