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Price Analysis

Stellar Price Analysis: Stellar (XLM) Price Indicates Escalation; Price Hovers Around $0.068

  • Stellar embarks bullish trend.
  • Traders should gear up for price rally.

Stellar (XLM) price was seen suffering in the price chart at the beginning of the month. The traders were surprised to see a sudden fall in the price of the coin. The downtrend in the coin continued for quite a long time.

The market started improving from the past couple of days. The same has given a boost to the coin. Today, there are many coins in the market that are falling. However, it seems like Stellar has finally paved its way to the top.

Current Statistics of Stellar:

  • The coin is currently dealing at $0.068911.
  • The ROI stands at 2215.79%.
  • The coin is at the 11th position in the crypto market.
  • The market cap is noted as $1,353,139,836.
  • The circulating supply is at 19,636,141,841 XLM.
  • The 24hr volume is marked as $106,936,497.

XLM to USD Price Comparison:

The chart is taken from Trading View on 24th August 2019, at 06:00:49 UTC for price analysis.

XLM Price Prediction
XLM Price Chart by TradingView

The coin opened with an escalation of 1.78% in yesterday’s chart. The price changed from $0.068 to $0.069. Later, the coin fell from $0.069 to $0.068 by 2.20%. Further, the coin again marked an escalation of 2.56% as the price changed from $0.067 to $0.069. The coin closed at $0.069 with an intraday profit of 2.19%. Today, the coin opened with a fall. The price slipped from $0.0698 to $0.0692. Later, the coin recovered the fall.

Stellar Price Prediction and Conclusion:

Stellar (XLM) has reflected a great potential in the past. We are anticipating a similar movement in the price of the coin would soon start. The traders can dig in as the coin holds a high prospect of an upsurge in the coming years.

The coin is likely to close the year around $0.1. In the coming years, the coin would be seen, making a 4% to 5% profit. We would recommend investing for a long term prospect. The coin is speculated to give the best result in the long term.

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Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on world's leading digital currencies. She holds graduate degree in journalism.

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