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Price Analysis

Stellar Price Analysis: Stellar (XLM) Announces Fresh Update Embarks Price Surge in XLM

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Stellar is fuelling the bulls in the crypto market. We have noticed an astounding recovery in the coin since the morning. The said recovery in the coin is assumed to take place the announcement of the new update in the coin.

In the last few days, the coin was lagging on the chart, despite the seamless communication. However, the current upsurge seems to have legs. The investors who have suffered losses in the last couple of days can expect a recovery in the price.

The new upgrade has given hopes to the traders. We are assuming that coin will continue to climb up in the market.

Current Statistics of XLM Price:

The price chart of Stellar is taken from Trading View on 12th July 2019, at 08:08:43 UTC for price analysis.

Stellar price chart - july 12

Looking at the chart of XLM, the coin opened at $0.094. The currency dropped to $0.087 by 6.7%. The coin kept the price tight at $0.089 for a long time in the day. Later, Stellar slipped and closed at $0.087. The intraday loss was of 7.25%. Today, the coin opened at $0.087. The currency jumped to $0.099 from the opening price by 13%.

XLM to USD Summary:

  • The price of the coin is 0.097763 USD.
  • Stellar is the 11th coin in the crypto market.
  • The 24hr volume of XLM is 527,859,319 USD.
  • The circulating supply has 19,425,874,842 XLM.
  • The market cap is at 1,899,122,864 USD.
  • The ROI (Return on Investment) is marked as 3,185%.

Stellar Price Prediction and Conclusion:

The price of XLM will continue the upsurge. The upcoming ventures in Stellar Lumens are indicating towards a bright future. The short term and long term investors can dig in Stellar for huge dividends.

We are anticipating that Stellar would trade around $0.2 to $0.25 by the end of 2019. The coming years after 2019 are also assumed to be positive.

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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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