Stellar Price Analysis: Stellar (XLM) Drowns to $0.085; No Hopes for Upsurge in the Coming Days

  • Stellar (XLM) price gets bit by the bears.
  • The downtrend takes the price to $0.085.

The market is dealing with the bearish sentiments. Most of the coins in the crypto market are falling. Stellar is one of the cryptocurrencies that gets vastly affected due to the downtrend of the space. We are anticipating that the coin will maintain its position at the same level. There is not much expectation from the coin. The currency was seen at a high of $0.091741 and a low at $0.086987 yesterday. The volume marked on 23rd July 2019 was $147,558,601.

Current Statistics of Stellar (XLM): 

The chart is taken from Trading View on 23rd July 2019 at 08:15:42 UTC for price analysis.

Stellar price chart July 23
Stellar Price Chart by TradingView

The coin started falling yesterday. The first drop of 4.33% took the price from $0.094 to $0.090. Further, the coin again fell from $0.093 to $0.088 by 4.44%. The coin took another fall from $0.091 to $0.086 by 6.10%. The coin closed at $0.087 booking a regression of 7.20%. Today, the coin opened with a declining outlook. The coin slipped from $0.087 to $0.084. The regression noted was of 3%.

Particulars  Stellar (XLM)  
Price $0.08520984
Rank 10
ROI 2772.20%
Market Cap $1,675,632,864
24hr Volume $147,359,425
Circulating Supply 19,605,417,013 XLM

XLM Price Prediction and Conclusion:

Stellar is ranked among the top cryptocurrencies. Also, it has never failed to prove itself and its worth up to the level of its investors’ expectations. The coin could be a good option for long-term investment. The coin would lay positive results on short-term traders too. As per our XLM Predictions, the currency might climb to $0.2 by the end of 2019. In the coming years, the coin would be seen touching high price counters. Altogether, the investment in stellar won’t go in vain.

David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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