Stellar Price Analysis: Stellar trades with the lowest price of the past 7 days

Stellar (XLM) was recently a part of Coinsquare first meet up in Toronto. There were some interesting topics and discussions that might reach lead to a great partnership soon. Let’s hope for some new announcements and partnerships for Stellar.

Great turnout at @Coinsquare's first ever Meetup with SDF in Toronto. Very interesting discussion about @stellarxhq and their #stablecoin plan. Can't wait to collaborate and help host more of these informational/brainstorming events! pic.twitter.com/LSp7OzB4XD

— Stellar (@StellarOrg) July 23, 2019

Price Analysis of Stellar on 24^th July 2019:

XLM is trading at $0.0818 at 04:54 UTC as on 24^th July 2019. The other essential contributions in the market are as follows:

• Market Ranking: 10
• Return of Investment: 2651.39%
• Total supply/ Circulating Supply: 105,182,816,019 XLM/ 19,616,917,313 XLM
• 24 Hour Volume: 144,766,438 USD
• Market Cap Value: 1,606,092,627 USD
• 7 Day high/ low: 0.096845 USD/ 0.075820 USD

XLM to USD Comparison:

In the past 5 days, the coin on 19^th July was trading at $0.0872. It escalated by 11.67% on 20^th July at 16:50 UTC with a trading value of $0.0974. The coin then dropped by 11.49% on 22^nd July at 19:55 UTC with the trading value of $0.08625. However, today, it again dropped by 5.79% at 02:20 UTC trading at $0.0812, which was the lowest in last one week.

Stellar Price Prediction and Conclusion:

Stellar, as we all know, is still trading in the bearish claw but with new announcements hitting soon, we might see some good escalation in the market. After yesterday’s trade, the resistance and support level might help the traders with a better trade decision:

R3: 0.093342

R2: 0.091105

R1: 0.087787

S1: 0.082232

S2: 0.079995

S3: 0.076677

Based on the current price momentum and Stellar forecast, we all are hoping for some great surprises that will escalate the value of Stellar Lumens to trade around $0.2 by the end of 2019.