Price Analysis

Stellar Price Analysis: Stellar Takes Giant Strides to Encourage XLM Mass Adoption and Lead to a Potential Price Rise

  • StellarX mobile wallet is now available for iOS also
  • Stellar becomes a new collateral option for NEXO’s instant credit lines

All is well that ends well, and that has come true for the Stellar token. After sluggish weeklong trends, Stellar is wrapping up the week on a comparatively high note with major announcements to keep the interest of traders and investors alive in this futuristic cryptocurrency. The firm has made major announcements to close the week on a promising note and start the weekend celebrations early. This includes StellarX wallet being now available for iOS users and NEXO credit lines making Stellar as the newest collateral option for instant credits. These strategic moves will definitely show good results in the future and have already started impacting the market performance of the coin positively.

 

Stellar Price Statistics:

As on July 19, 2019, at 05:04:46 UTC, the price of XLM (XLM to USD) token is noted to be $0.089, and it is moving upwards. The coin has spent the last five days dropping from its starting value at $0.083 to as low as $0.076 and now seen to be gaining some upward movement since yesterday. In the past 30 days, there has been a downtrend of over 33% dipping from $0.133 to its current value at $0.089, and it may reduce in the days to come.

Stellar price chart - july 19

  • The current trading price of XLM is noted to be $0.089 and 0.00000841 BTC
  • The market cap of the coin is $1,753,732,536
  • The 24 h volume is now $364,385,985
  • The ROI of the coin is 2,910.42%
  • The circulating supply has been 19,604,573,894 XLM

Stellar recorded the highest value yesterday at $0.090 and may move upwards to trade between $0.090 and $0.095 by the end of this day. The coin’s lowest value was slightly below and was recorded at $0.079 yesterday. This may change to a value between $0.080 and $0.085 today.

XLM Price Prediction:

Stellar Lumens is currently at the perfect time to attract investments from across the globe and now that the crypto is available for iOS users as well, this further increases the prospects for mass adoption. Hence, the price of XLM may rise up to $0.110 in the coming days and may reach $0.133 again by the end of the next week. XLM may close the week trading between $0.100 and $0.140.

Conclusion:

These are good times to invest energy and resources in crypto like XLM as the currency is progressing towards a stable and profitable future with each passing day.

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Ruti Vora

Ruti has recently joined CryptonewsZ as a writer and has been writing on other cryptocurrency sites as well. Having a background of tech field makes her versatile with a keen interest in literature. You will find her surrounded by books and music when she is not on work. You can also contact her on Linkedin or Facebook.
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