Stellar Price Analysis: Stellar (XLM) Continues To Plunge In The Last 30 Days

eToroX recently partnered with Stellar on different trading pairs against many other crypto assets along with stable coins. Stellar might finally slide out of the downtrend.

Current Statistics of Stellar:

  • Return on Investment: 2515.76%
  • Total supply/Circulating Supply: 105,222,940,988 XLM/ 19,632,397,508 XLM
  • 24 Hour Volume: 77,340,638 USD
  • Market Cap: 1,528,124,369 USD
  • 7 Day high/low: 0.084321 USD / 0.071869 USD

XLM to USD Price Comparison:

Stellar Price Prediction
Stellar Price Chart by TradingView

Considering past one-month data, the highest XLM price was seen on 12th July at 23:30 UTC with the trading value of $0.100064. The value dropped by 23.77% on 17th July at 12:00 UTC trading at $0.076275. The value was then escalated by 26.98% on 20th July at 17:00 UTC with the trading value changed to $0.097037.

Stellar price then dropped by 16.12% on 24th July at 02:00 UTC with the trading value of $0.08139 which was slightly increased by 10.45% by 26th July at 19:30 UTC trading at $0.08982. The value was then dropped again by 19.9% on 10th August at 00:00 UTC trading at $0.07195, which is slightly increased by now by 8.93%.

Stellar Price Prediction and Conclusion:

Talking about the XLM coin’s movement, it is as yet fluctuating with a bearish nature. According to our XLM Price Prediction and current price formation, the coin might continue to trade downwards.  However, traders should play a safe game under the resistance and support levels, which are as follows:

Resistance Levels:

  • R3: 0.08657
  • R2: 0.083152
  • R1: 0.080496

Support Levels:

  • S1: 0.074422
  • S2: 0.071004
  • S3: 0.068348

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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