Stellar Price Analysis: Stellar (XLM) Must Work To Surge Above The Baseline

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Stellar Cluster launched their first ever Stellar Validator node in Switzerland which was recently announced on Zurich Meetup. Stellar Developers have been working seemingly on the decentralization network, and hopefully, it might bring some better valuation Stellar on the chart.

Let’s see what Stellar chart has to depict today.

Price Analysis of Stellar on 2nd July 2019:

The value of XLM is trading at $0.10072 at 08:16 UTC time on 2nd July 2019. Following are the significant calculated factors contributing to the chart of XLM:

stellar Price chart - 2 July
stellar Price chart
  • Return on Investment: 3278.41%
  • 24 Hour Volume: 465,565,540 USD
  • Market Cap: 1,952,387,399 USD
  • Total supply/Circulating Supply: 105,122,657,252 XLM/ 19,420,753,629 XLM
  • 7 Day high/low: 0.131851 USD / 0.100182 USD

Stellar Price Comparison:

The highest in last few days of June was seen on 22nd June with the trading value of $0.1350, which was dropped by 2.85% on 26th June with a trading value of 0.1310. But the lowest was realized on 27th June after a drop of 19.69%; the value was trading at $0.1051. After 2 days, however, the value was increased by 11.54% on 29th June with a trading value of $0.1173. However, the trend is seen to go to downfall. The value after 29th June is now dropped by 14.20%.

Stellar Price Prediction and Conclusion:

The Stellar trend is fluctuating in a bearish zone, which means new traders are most welcome to join the Stellar network. For safer bid, investors might want to trade between the resistance and support levels, which are calculated between $0.112 and $0.0976, respectively. But the major concern that arises here is when will the coin Stellar hop into the bullish zone?

Considering that Stellar has been seen as well as long term investment, traders might have to be a little patient with their selling bid. They might want to increase the number of Stellar coins, which is a good time to do so! By the end of 2019, the value of Stellar might be trading around $0.20 – $0.25.

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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