Stellar Price Analysis: Stellar (XLM) Shows A Downfall For The Last Three Months!

After an official partnership with eToroX, Stellar has acquired attention around the globe. But the heads of the traders will turn once Stellar hits back in the uptrend and offer some real-time returns for their followers.

Current Statistics of Stellar:

XLM price is seen trading at $0.075362 at 02:24 UTC on 13th August 2019, which seems to be escalated in the upward direction today. The other essentials in the chart are calculated as:

  • Return on Investment: 2429.38%
  • Total supply/Circulating Supply: 105,243,009,213 XLM/ 19,633,172,523 XLM
  • 24 Hour Volume: 58,694,941 USD
  • Market Cap: 1,477,721,323 USD
  • 7 Day high/low: 0.081660 USD / 0.071869 USD

XLM to USD Price Comparison:

Stellar Price Prediction
Stellar Price Chart by TradingView

Considering the price of Stellar from the last three months, the highest was seen trading on 16th May at 05:00 UTC at $0.16174. The value saw a drop of 27.64% on 4th June at 21:00 UTC with the trading value of $0.117038. Then, the XLM price slightly increased by 13.22% on 26th June at 15:00 UTC value trading at $0.132248. Stellar price then dropped again by 42.35% on 17th July at 12:00 UTC with the trading value of $0.076247, which is trading in the same range as of now.

Stellar Price Prediction and Conclusion:

XLM coin is demonstrating no such improvement. This may be only the perfect time for XLM to push forward. Based on Stellar Lumens prediction, the currency might record downtrend for the upcoming days before registering significant recovery. In any case, the resistance and support levels, which may assist the speculators with a safer trade is as per the following:

Resistance Levels:

  • R3: 0.079857
  • R2: 0.07892
  • R1: 0.077167

Support Levels:

  • S1: 0.074477
  • S2: 0.07354
  • S3: 0.071787

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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