Stellar Price Analysis: Stellar (XLM) Price Hits Market With Bulls

The market is trending upward. The rise seems to have legs this time. There are massive expectations from the coin in the ongoing month. The indications for meeting the expectations are likely to go ticker with the upsurge. The current momentum in Stellar (XLM) is speculated to take the price to an astronomical digit.

The crypto market volatility had not only affected the coin but many other altcoins in the market as well. The trend is anticipated to mark a recovery in the price. Yesterday, Stellar touched a high at $0.105794  and a low at $0.102183. The volume marked on 07th July 2019 is $235,672,563.

Current Statistics of Stellar (XLM):

The chart is taken from Trading View on 08th July 2019, at 04:44:27 UTC for price analysis.

Stellar Price Chart - 08 July

Looking at the last two day’s chart, the coin opened at $0.1010. At 12:15 UTC the coin jumped from $0.1010 to $0.1063. The escalation was marked around 5.27%. Later, the drop in the price took place from $0.01063 to $0.1032. The coin dropped by 2.99%. On 6th July, the coin changed from $0.1010 to $0.1033. Yesterday, the price opened at $0.1033. The coin kept moving upwardS and closed at $0.1060. The intraday movement in price marked 2.66% hike in price. Today, coin opened at $0.106. The first hour took the stellar lumens price down to $0.104. The downfall in price was of 1.15%. The coin has again started with its recovery movement.

Particulars Stellar (XLM)
Price (USD) $0.105777
Rank 12
ROI (Return on Investment) 3454.72%
Market cap $2,054,732,525
Circulating Supply 19,425,058,596 XLM
24hr Volume $227,429,641

Stellar Price Prediction and Conclusion:

The price of Stellar is currently attracting many traders. The investors in Stellar are hopeful for the recovery in price due to the current momentum. We are positive that the coin price (XLM to USD) might go beyond $0.130, by the end of July. According to XLM Prediction, towards the end of the year, the coin is anticipated to touch $0.20 to $0.25.

The long-term investment is likely to yield a better result in the future. The people interested in Stellar should enter the market with the same time frame in mind for drawing huge dividend.

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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