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Price Analysis

Stellar Price Analysis: Stellar (XLM) badly under market pressure; hovers around $0.067

  • Stellar (XLM) price gets bit by a bear.
  • The coin’s tremendous fall scars the traders.

Stellar (XLM) started the month with a downtrend. The time was considered favorable for most of the coins and Bitcoin (BTC) was dealing around USD 12,000. The coin took a week to improve its momentum.

During the last week, the coin started escalating. The traders who got worried in the initial period took a deep sigh of relief. Well, the coin has again started falling. The entire week was a nightmare for many investors. Let’s have a look at the intraday chart.

XLM to USD Price Comparison:

The chart is taken from Trading View on 18th August 2019, at 05:22:31 UTC for price analysis.

XLM Price Chart
XLM Price Chart by TradingView

Yesterday, the coin opened with a slight escalation of 1.42% as the price changed from $0.068 to $0.069. The coin started falling from then. The first drop was of 0.54%. The price changed from $0.0694 to $0.0690. The second fall was of 2.30%. The price changed from $0.069 to $0.067 by 2.30%. The third drop was of 1.06%. The price slipped from $0.067 to $0.066. The coin closed with a loss of 0.90% at $0.067. Today, the coin has again opened with a dropped. The downtrend was of 0.85% from $0.0678 to $0.0672.

Current Statistics of XLM:

Particulars Stellar (XLM)
Price0.067940 USD
ROI2183.16%
Rank11
Circulating Supply19,633,542,414 XLM
Total Supply105,243,009,213 XLM
Market Cap1,333,900,439 USD
24hr Volume47,784,793 USD

Stellar Price Prediction and Conclusion:

Stellar (XLM) has shown an extraordinary run in the last month chart. Our hopes from the coin are high. The current situation of the coin might be a little scary, but the currency has great potential. We are positive that investing in Stellar wouldn’t go futile.

In the coming years, Stellar (XLM) is considered to touch some huge digits on the price chart. The traders should dig in with a long term investment plan to book huge profits in the future.

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Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on world's leading digital currencies. She holds graduate degree in journalism.

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