Price Analysis

Stellar Price Analysis: XLM is Bouncing Back After Month-long Bearish Trend

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  • Stellar puts an end to downtrend by trading above $0.087
  • XLM price may rise up to $0.100 in the next week

For those who are getting eager to start trading XLM coin now must hold on to it for few more days as the situation is going to get further better with the coin crossing $0.100 mark. The returns at that time will be far better than now, and the current market performance is a testimony to that.

XLM to USD Price Comparison:

Stellar had recorded 18% downtrend since the beginning of the month of July when XLM was trading at $0.107685. It has now crumbled down to $0.087305 as on July 27, 2019, at 10:16:47 UTC but showing positive recovery signs since the last 5 days by trading between $0.081 and $0.088. Stellar coin, in fact, started today at $0.088 and has dipped only slightly since then and moved around the same value for the most part of the day. This shows progress. 

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Stellar price chart July 27
Stellar Price Chart by TradingView

Current Statistics of Stellar Lumens:

  • XLM price is noted to be $0.087305 and 0.00000865 BTC
  • The market cap of the Stellar is $1,712,648,573
  • 24-hour volume has reached $108,046,688
  • ROI of the coin stands at 2,831.72%
  • The circulating supply of the coin is 19,616,918,513 XLM

Stellar’s highest recorded value yesterday was $0.089249. The coming week may also bring similar surging trends with better bounces from the coin. 

Stellar Price Prediction:

XLM coin may have been moving lower than its starting price at the time of new year, but the coin is definitely showing signs of stability & reliability in the fluctuating market scenarios. This brings investors interest back to the future of Stellar, which looks stronger as the coin may cross up to $0.2 mark by the end of this year.

Conclusion:

This is an ideal time to hold on to the Stellar tightly as the coin is prepping up for bigger benchmarks and may cross then very soon.

Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on world's leading digital currencies. She holds graduate degree in journalism.

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