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Price Analysis

Stellar on the Verge of Recovery as the Price Hovers Around $0.059

Stellar (XLM) was drooling at the low levels. The currency started the month with significant momentum. Today, the uptrend in the currency is quite impressive. There are possibilities that Stellar could reach $0.061 on intraday chart.

XLM to USD Price Chart

XLM price chart
Stellar Price Chart by TradingView

Yesterday, the XLM opened with an uptrend of 0.13% as the price changed from $0.05940 to $0.05947. Later, Stellar price fell from $0.05941 to $0.05855 by 1.46%. The drop continued and took the price to $0.05822 from $0.05890 by 1.15%. The day ended at $0.05860 with an intraday loss of 1.36%. Today, XLM opened with an upsurge. The price moved from $0.05860 to $0.05899 by 0.66%. Later, it fell and took the Stellar price to $0.05832 by 1.10%. Further, XLM again picked up and touched $0.05922 by 1.54%. The coin is currently dealing at $0.05887. We are anticipating a flourishing day in Stellar.

Stellar Price Prediction

XLM is a result-oriented coin and it has also shown a great potential in the past. The recovery is on the go and in no time, we would see Stellar booking huge profits. The market cap of Stellar is at 1,186,281,583 USD. The 24-hour volume is marked as 85,767,954 USD. There are 20,083,653,310 XLM coins circulating in the market. The traders with short-term prospect can pick Stellar as it is likely to give maximum result in this time.

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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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