Price Analysis

Stellar Price Analysis: Stellar (XLM) price walks on the recovery path; Price climbs to $0.078

The first seven days have passed, and the overall momentum of the coins is quite impressive. There were few bumps on the road, but overall the time gives indications of a better future. Well, the time was not similar for Stellar. Where many coins reflected recovery, XLM was falling. The momentum of the coin was also dropping at high speed.

Apparently, the storm has passed. The XLM coin has once again started to reflect a positive sign in the crypto market.

XLM to USD Price Comparison:

The chart is taken from TradingView on 08th August 2019 at 05:19:37 UTC.

Stellar Price Prediction
Stellar Price Chart

Looking at the Stellar price chart, we can observe a downtrend and later recovery. Yesterday, the XLM coin opened with an upsurge. The price counters changed from $0.07857 to $0.07924 by 0.86%. There was another escalation which took the price to $0.07948 from $0.07832 by 1.49%. There was a major drop in price, and the coin slipped from $0.07934 to $0.07718 by 2.73%. The coin closed at $0.078 with a fall of 0.46% from the opening price. Today, the coin opened at $0.07820. Later, the coin escalated from $0.07774 to $0.07870 by 1.23%.

Current Statistics of Stellar:

ParticularsStellar (XLM)
Price0.07869 USD
ROI2493.55%
Rank11
Market Cap1,514,076,626 USD
Circulating Supply19,618,464,375 XLM
24-Hour Volume88,282,832 USD

Stellar Price Prediction and Conclusion:

XLM price was at a perfect momentum during the beginning of the month. The same couldn’t stay stable for the rest of the days. However, we were quite hopeful for the coin.

We are quite certain that the future would bring a good result. By the end of 2019, the coin is anticipated to touch USD 0.2. The long-term investment would bring huge returns for the coin.

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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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