Price Analysis

Stellar Price Analysis: Stellar (XLM) Price Continues to Fall; Coin Hovers Around $0.081

  • Stellar price drop continued the third day in the row.
  • A price recovery in XLM coin is on hold.

Stellar has shown its worthiness during the last month’s price drop. The same helped the coin to win the trust of the traders. The positive efforts of the coin took it to the 10th rank in the crypto market. Thus, the downtrend in the coin would soon be over. We are quite apprehensive about the upsurge in the XLM price. The currency would help the traders earn profit in the future.

XLM to USD Price Analysis:

The chart is taken from TradingView on 04th August 2019 at 10:32:28 UTC.

Stellar price chart - Aug 4
Stellar Chart By TradingView

Yesterday, the coin opened $0.08260. The price escalated from $0.08260 to $0.08300. The progression was of 0.49%. The currency soon rolled down to $0.08187 from $0.08300 by 1.38%. The upsurge of 0.93% took Stellar to $0.08263 from $0.08187. The coin kept dealing at $0.082 and closed at $0.081. The intraday regression was of 0.86%. Today, the coin opened with a heavy drop of 1.08%. The currency dribbled from $0.0819 to $0.0810.

Current Statistics of Stellar:

  • XLM price is trading at 0.08149 USD.
  • ROI is marked at 2641.05%.
  • Circulating Supply has 19,617,692,958 XLM.
  • The market cap is marked as 1,600,119,425 USD.
  • 24-hour volume is noted as 69,482,869 USD.

Stellar Price Prediction:

Stellar Lumens is a profit yielding investment. The current scenario in the XLM coin is a little disturbing, but the clouds would soon get clear, and the coin would shine back again. We are positive about the Stellar and investment attached to the same. We are anticipating that the coin would touch up to $0.2 by the end of 2019. The currency would be good for long term investment. However, we would also recommend diverging the investment in the crypto market to cut short the risk.

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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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