Stellar Price Analysis: Stellar (XLM) Experiences A Continual Price Drop Since Yesterday

Stellar observes 2 extremities in past 24 hours. The first half remains bullish but the second rush with a bearish crossover. The gradual fall since yesterday is expected to be experienced throughout the day. But XLM lovers are also hoping for some new announcements and partnerships that will build better credibility and loyalty for the investors. Till the time we hear some new announcements, let’s see what we can analyze with Stellar the Stellar price momentum.

Price Analysis of Stellar on 5th July 2019:

Stellar is currently trading at $0.99331 at 07:57 UTC as on 5th July 2019. The other essentials are as below:

Stellar Price Chart - 5 July
Stellar Price Chart
  • Return on Investment: 3247.17%
  • Market Ranking: 12
  • 24 Hour Volume: 367,109,824 USD
  • Market Cap Value: 1,934,760,952 USD
  • Total supply/ Circulating Supply: 105,122,657,252 XLM/ 19,425,015,896 XLM
  • 7 Day high/ low: 0.116721 USD/ 0.099219 USD

Stellar Price Comparison:

Just when we thought that Stellar might continue moving in the upward direction, the value started experiencing a drop since yesterday. On 3rd July, the lowest of the value $0.10220000 in the said timeframe was seen at 16:03 UTC. The value then increased by 3.94% on 4th July at 02:28 UTC. But yesterday, there was a constant drop in the value leading to the lowest at $0.09901 at 00:05 UTC as on 5th July, which is now slightly increased by 0.32%.

The question lies is will stellar escalate soon?

Stellar Price Prediction and Conclusion:

The value of Stellar is still fluctuating in the Bearish zone, which means traders might have to wait for a little more time to enjoy some profits by going short with their investments. This is the correct time to buy new coins and build a profitable portfolio for the future.

As per Stellar Price Forecast and market analysis, It is expected that the coin may trade around $0.20 to $0.25 by the end of 2019.

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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