Price Analysis

Stellar Price Analysis: Stellar (XLM) Is Continuing To Show The Bearish Nature

Wirex App, which is partnered with Stellar from quite a time now, has also released Stellar Federation Addresses which will transform the platform to be simpler to transfer their capital based at Stellar currency.

Let’s see if at all it has affected the supplies of Stellar on the chart.

Price Analysis of Stellar Lumens on 21st June 2019

At 5:58 UTC, the value of XLM is trading at $0.1237 on 21st June 2019. The remaining essentials are as follows:

  • Return On Investment: 4041.91%
  • Total supply/Circulating Supply: 105,082,570,523 XLM/ 19,408,944,703 XLM
  • Market Cap Value: 2,392,162,089 USD
  • 24 Hour Volume: 292,030,615 USD
  • 7 Day high/low: 0.131890 USD / 0.120807 USD

XLM Price Comparison:

Stellar Price Chart - 21 June
XLM to USD Price Chart

Form past 2 days, the value has been surging in both the directions. The highest has been realized yesterday at 2:47 with trading value at $0.1249. The value now has dropped by 0.8% since then. The lowest, on the other hand, was realized yesterday at 16:31 with trading value at $0.1207. The value now has increased by 2.5% already! In fact, the highest of today was already seen at 01:59 UTC with a trading value of $0.1244.

Stellar Price Prediction and Conclusion:

Stellar for now is showing Bearish trend, which means it might attract new traders to bid on ‘buy’ and include XLM in their investment portfolio. The resistance and support levels can be considered between $0.126 and $0.119, respectively. Till the surge is realized strongly on the bulls’ trend, it is best advised NOT to bid on ‘sell’!

By the end of 2019, it seems that the value XLM might trade around $0.3. But only time will tell if that will happen! Stellar has been in the notice of traders and followers already; it is hoped that it hopes to bullish nature as well!

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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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