Price Analysis

Stellar Price Analysis: Stellar (XLM) Price Plunge Took The Coin To $0.080

Stellar (XLM) price took an astonishing leap in the last month. The coin was ranked at 11th position and at times at 12th. Well, the escalation took the coin to the 10th position. The coin replaced Tron in the global crypto market.

The traders and investors got attracted towards the coin. The market cap escalated and as a result, the coin was among the few coins which exhibited a heart-throbbing performance in the last month price drop. Well, unlike last month, but the coin is currently suffering in the bearish zone.

Let’s have a look at the chart:

Stellar Price Prediction
Stellar Price Chart

At the onset of August, the coin was trading around $0.083. It slipped from $0.083 to $0.082 by 1.50%. Next day, the coin continued to drop. Day 3 didn’t bring much difference. But on day 4, the coin escalated from $0.081 to $0.082 by 1.28%. Although on day 5, the coin again started slipping as the price changed from $0.0829 to $0.0821 by 0.98%. Today, the coin opened with a downtrend of 2.14%. The price counters changed from $0.0821 to $0.0803. The coin has also started to recover the drop. We are expecting the coin to close with a positive sign.

ParticularsStellar (XLM)
Price$0.0808
Rank11
ROI2633.97%
Market Cap$1,596,047,154
24hr Volume$95,451,315
Circulating Supply19,618,463,876 XLM

Stellar Price Prediction and Conclusion:

Stellar Lumens is planning for a significant business venture. The coin is expected to escalate during the same period. The upsurge would change the position of Stellar in the market. We are anticipating that the coin would be seen hovering around $0.2 by the end of 2019. The predictions indicate that long-term investment would be best suited for the coin. The same would bring enormous dividends for the investors.

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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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