Stellar Price Analysis: Dark Clouds Hovers On Stellar As It Depicts Bearish Run

Now when Denelle Dixon, CEO of Stellar (XLM), has also quoted that the major focus of the Stellar community is global financial inclusion and decentralization, traders might be feeling little relieved now. Stellar Lumens is working on some new partners and might surge back in the green zone again. With a new month, traders might see some fresh trades soon!

Stellar Price Analysis on 1st July 2019:

The value of Stellar Lumens is trading at $0.1085 at 09:15 UTC on 1st July 2019. Speaking of other factors, they are as follows:

  • Return of Investment: 3511.34%
  • 24 Hour Volume: 406,291,639 USD
  • Market Cap: 2,086,905,722 USD
  • Total supply/Circulating Supply: 105,102,611,976 XLM/ 19,419,888,003 XLM
  • 7 Day high/low: 0.131851 USD / 0.103392 USD

Stellar Price Comparison:

Stellar Price Chart - 1 July

The last few days of Stellar are the real reason of concern for the traders. 26th June, when the value of XLM to USD was trading at the highest of $0.1326 was suddenly decreased by -21.46% the next day with a trading value of $0.1042. The fluctuation continued in a similar zone for the next two days. On 29th June, the value increased by 13% was an upsurge with a trading value of $0.1178, which is now dropped by 7.9% as of today.

XLM Price Prediction And Conclusion :

Stellar is still showing strong bearish nature in the chart. It might be a good chance for the new traders to join the Stellar network. Considering the bidding, traders might want to bid under the safer resistance and support levels between $0.116 and $0.1051 respectively.

Stellar might be in the bearish zone but is considered to be a good investment for a long-term perspective. Let’s see what Stellar has to bring for the month of July. With recent trades and as per Stellar Price Prediction by experts, it seems that XLM price might reach between $0.20 – $0.25 upside value by the end of 2019.

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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