Stellar Price Analysis: Stellar (XLM) Price Reflects Slight Recovery; Intraday Traders To Have A Flourishing Day

  • Stellar (XLM) price indicates visible improvement.
  • The intraday traders are expected to close the day with a profit.

Stellar (XLM) had a quite a volatile week. Some days, the coin was climbing with tremendous speed, and the other days, the coin was seen taking a steep fall. Altogether, the traders had power-packed days. The trend is expected to remain the same for some days. Today, the coin is climbing up on the price chart. The day is likely to bring a big change in the coin. Let’s have a look at the intraday chart.

Current Statistics of Stellar:

  • The price of the coin $0.068.
  • The market cap is marked as $1,308,009,994 USD.
  • $114,486,941 USD is the 24hr volume.
  • The return on investment is noted as 2138.55%.
  • 19,636,140,389 XLM is the circulating supply.
  • The coin is at the 11th rank in the market.

XLM to USD Price Comparison:

The chart is taken from Trading View on 23rd August 2019 at UTC for price analysis.

XLM Price Prediction
XLM Price Chart by TradingView

Yesterday, the coin opened at $0.067. The coin dropped to $0.065 by 1.88%. Further, the coin escalated from $0.065 to $0.067 by 2.19%. The coin kept the uptrend intact for the rest of the day. The coin closed at $0.68 with an intraday profit of 2.22%. Today, the coin opened with a drop of 1.04% as the coin dropped from $0.068 to $0.067. The equally recovered and is now dealing at $0.068.

Stellar Price Prediction and Conclusion:

Stellar (XLM) is expected to have a great future, as per XLM Forecast. The coin usually keeps itself away from any market trend. The same has been the reason behind the improvement in the momentum of the coin. However, the recent drop brought a huge change in the dynamics of the coin. In the coming days, the coin is anticipated to break huge counters.

Stellar is expected to end the year around $0.1. Towards the beginning of 2022, the coin might be seen hovering at $0.15. The traders are recommended to dig in for the long term. The specified period would help the traders to draw a colossal profit.

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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