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Price Analysis

Stellar Price Analysis: Stellar (XLM) to break $0.15 soon

  •    The stellar bullish trend continues.
  •    XLM shows potential to break $0.15.

Stellar recently announced that it is the underlying network of IBM. The same has pushed the coin in the market to catch up with the steady momentum. The currency has started performing better as compared to the last few weeks. There was a price surge in the middle of the month, but it was soon caught up under the selling pressure and dropped. Altogether, with a lot of ups and downs, the graph of XLM is showing an uphill movement.

Yesterday, Stellar (XLM) reflected a 3% intraday increase in the price. The charts are indicating that XLM would be soon fighting to go up crossing the current resistance of $0.15.

Stellar Price Statistics

The chart is taken from Trade View, on 30th May 2019, at 06:58:43 UTC for price analysis is given below:

XLM price chart - may 30

Summary of Statistics:

  •    The coin is marked as the 10th largest currency in the crypto market.
  •    Price (USD) of Stellar (XLM) is $0.139332.
  •    Price (BTC) is 0.00001599.
  •    Out of total 105,022,469,091 XLM, the current circulation is marked at19,300,243,444 XLM.
  •    As on 30th May 2019, at 07:03:17 UTC, the market cap stands at 2,687,858,989 USD.

Taking a look at the Stellar (XLM) chart of the last three months, we can see that the price is showing a steady upward movement. From March 2019 till April 2019, there was a steady growth of 48%. However, there was a period of regression noted between April 2019 and May 2019. The increase again caught up with the momentum of the market in May 2019. The prices are likely to touch $0.15 very soon.

Stellar Price Comparison:

If we compare the price of Stellar (XLM) from the beginning of the year 2019, the price was $0.112328, and now the price is hiked by 24%.

For a more precise picture, let’s compare the price of Stellar (XLM) from 5th May till now. On 5th May 2019, Stellar (XLM) was at $0.098993, and the current trading price is $0.139332, which demonstrates the 40.74% increase in price.

Stellar Lumens Price Prediction:

Stellar (XLM) is presently showing great potential. Its all-time high was $0.9, which was recorded in 2018. We believe that if the price momentum of Stellar (XLM) continues, then the currency might soon see $0.9 morning again.

By the mid of 4th quarter 2019, the price of Stellar (XLM) is likely to touch $0.3.

Conclusion:

Stellar (XLM) is gaining popularity because of the impressive progress. It can be an excellent long-term investment for gaining huge dividends.

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David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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