Stellar Price Analysis: Stellar Resumes to Downward Trends After 2-days of Surge

eToro
  • StellarX mobile wallet may boost price and mass adoption of XLM token
  • Stellar may rise up to $0.100 by the end of this month

Stellar is trying all possible methods to boost the mass adoption of the token and recently launched StellarX mobile wallet for iOS users also. The firm has also released the full picture of the current scenario with respect to this wallet to maintain a good transparent connection with the supporting community. All these methods may boost the mass adoption of this token and may also improve the current market statistics of XLM token.

Stellar Price Statistics:

Since the past 30 days, XLM token has recorded a downtrend of over 36% now declining from $0.133 to its current value at $0.085 as on July 23, 2019, at 06:17:13 UTC. The coin has been consistently moving downwards since the last week of June and after gaining a little momentum on the last Sunday rising up to $0.097, XLM is again falling below.

Stellar price chart July 23
Stellar Price Chart by TradingView
  • The price of XLM token is now $0.085 and $0.00000851 BTC
  • The market cap of the coin has reached $1,695,839,129
  • The 24 h volume is noted to be $141,399,773
  • The circulating supply of the coin has reached 19,605,416,713 XLM
  • The ROI is noted to be 2,809.61%

Stellar closed yesterday at $0.088 and the lowest recorded value yesterday was $0.086. Today, it declined even further but may gain pace now and move up to $0.090 by the end of this day.

Stellar Price Prediction:

Stellar’s 52-weeks high value was noted at $0.3 and the same demands a steep upward momentum by the coin to breach even beyond. The coin has been depicting mix trends since the beginning of the year but has also shown sudden growth movements here and there. It may rise up to $0.2 by the end of this year.

Conclusion:

This is a good time to plan long term investments in the XLM token and save for the future.

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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