Price Analysis

Stellar Price Analysis: Stellar (XLM) Resumes To Crawling Trends As The Price Dips To $0.101

Stellar may take longer to come out of $0.105 loop

  • Stellar’s SEP-6 for ease of payments gets implemented on Solar Wallet

Stellar has been taking giant strides to provide ease of transactions to the users, partners, and investors. The firm’s SEP-6 solution enabling withdrawal of stablecoins directly in the bank account has got the global banking companies talking. The Solar Wallet has now implemented the same, and the rest of the companies will follow soon. This is a good moment for the XLM currency holders to sit back and enjoy the phase as the current market statistics may shoot up anytime now.

XLM to USD Price Comparison:

In the last 30 days, XLM coin has dipped from $0.12789 to its current value at $0.1011572 as on July 10, 2019, at 03:17:06 UTC. There has been a downtrend of over 20% in the last 30 days, and the major drop started happening from June 28th onwards when the coin value drastically slumped from $0.132 to $0.102 recording a steep fall. The coin has been moving within $0.105 since then.

XLM Price Prediction
XLM Price Chart by TradingView
  • The XLM price is noted at $0.10115 and 0.00000779 BTC
  • The Market Cap of the XLM has reached $1,963,791,352
  • The 24-hour volume of the coin is noted at $392,929,551
  • The ROI of XLM stands at 3,295.83%
  • The circulating supply has reached 19,425,798,989 XLM

Yesterday, Stellar price reached as high as $0.105, and the lowest recorded value was at $0.101. The coin has been showing crawling trends since past 7 days when the highest recorded value was $0.106.

Stellar Price Prediction:

Stellar may pick up the pace and reach as high as $0.110 by the end of the month considering the slow-moving trends of the coin. In the next 2 months, it may rise as high as $0.140 and may reach up to $0.2 by the end of the year. Long-term gains in Stellar price are assured, but the short-term investment may not be that profitable as the coin is moving slowly.

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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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