Price Analysis

Stellar Price Analysis: Stellar (XLM) Price Is Seen Trading Below The Baseline Today!

Yesterday, Stellar organized an online workshop for Stellar Developers where the audience was invited to join the members of the SDF partnership team. This webinar covered various discussions like applications and protocol of Stellar.

Current Statistics of Stellar:

Stellar price is recently seen trading at $0.07833700 on 7th August 2019. The other essentials are as follows:

  • Return on Investment: 2537.86%
  • Total supply/Circulating Supply: 105,222,940,988 XLM/ 19,618,463,975 XLM
  • 24 Hour Volume: 95,508,911 USD
  • Market Cap: 1,539,943,221 USD
  • 7 Day high/low: 0.085062 USD / 0.077291 USD

XLM to USD Price Comparison:

Stellar Price Prediction
Stellar Price Chart

Initially, the Stellar price was trading at $0.08336 at 10:35 UTC on 2nd August 2019. The value dropped by 2.79% on 4th August at 05:00 UTC trading at $0.08103. The value from then escalated by 4.01% on 5th August at 10:40 UTC with the trading value of $0.084279. The value dropped again by 4.60% yesterday at 02:25 UTC with the trading value of $0.080398. The value slightly increased by 2.11% at 10:05 UTC with the trading value of $0.082093. XLM price by an evening at 22:10 UTC was dropped by 5.95% trading at $0.07721 which is now escalated again.

Stellar Price Prediction and Conclusion:

XLM coin as of now is seen trading in the strong ‘buying’ zone. It seems that traders need to be little more patients for the Stellar price to surge in the right direction. However, the resistance & support levels will help them to prevent any huge losses in the trade:

Resistance Levels:

R1: $0.081499, R2: $0.084786 and R3: $0.08689

Support Levels:

S1: $0.076108, S2: $0.074004 and S3: $0.070717

However, the expectation is rising high now! Traders are really looking forward to Stellar to surge in the bullish zone now! Let’s hope for the same. By the end of 2019, Stellar might trade around $0.2, which might be a delightful return for the traders.

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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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