Price Analysis

Stellar Manages to Pull a 2.61% Increment; Marks Intraday Height at $0.062

  • Stellar grows by 2.61% over the last 24 hours to touch 0.062 USD.
  • The next resistance may come at 0.0632 USD.

Stellar has witnessed a 2.61% hike in the value against USD over the last 24 hours. The three price shifts have pushed the value to 0.062 USD, and the price trend has been in the range between 0.0606 USD and 0.0625 USD.

Stellar Price Analysis

Stellar’s first price shift happened between 00:02 UTC and 09:13 UTC, where it added 0.0018 USD, and the value reached 0.062500 USD. It was followed by a swift yet decisive fall of 2.74%, and this swing cost XLM 0.0017 USD when the value was pushed to 0.060789 USD by 20:16 UTC. However, value at such low could not be sustained for long, and it faced a hike of 2.33% in the next 6 hours and 13 minutes to trade at 0.062208 USD.

The market cap also has witnessed strengthening over the last 24 hours. Between October 13 and 14, Stellar’s market cap has come from 1.204 billion USD to 1.218 billion USD.

Stellar Price
XLM Chart By TradingView

Stellar Lumens has maintained a decent growth in the last few weeks despite loads of roadblocks. Its current price trend is way above its both 50-day average and 20-day average. It is expected to find the next resistance at 0.0632 USD in the upcoming days.

Resistance and Support Levels

R1- $0.061679, R2- $0.063222, R3- $0.064496

S1- $0.058862, S2- $0.057588, S3- $0.056045

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Ruti Vora

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