Stellar Price Analysis: XLM Price Shoots Up; High Prospect Of Price recovery

Stellar crawled its ways out of the downtrend. The coin has dealt with a lot of pressure in the market lately. The ongoing month wasn’t right for the XLM coin. The downtrend has affected Stellar price at large. The coin lost its spot from the top 10 cryptocurrency list.

Well, the storm is likely to be passed from the coin. We are only expecting an upsurge in the currency. XLM price would soon be seen rising and touching astounding counters.

Current Statistics of Stellar:

  • XLM price is trading at $0.073126.
  • The 24-hour volume of Stellar is marked as $87,477,422.
  • The Market Cap is noted as $1,435,640,191.
  • Circulating Supply is around 19,632,395,208 XLM.

XLM to USD Price Comparison:

Stellar price analysis is done with the help of TradingView chart which taken on 10th August at 03:19:11 UTC.

XLM price Prediction
XLM price chart

Above chart is reflecting a steep fall in Stellar price. However, today, the coin has booked a progression of 2.44% as the price changed from $0.072132 to $0.07389. The day before yesterday, the coin opened with a downtrend of 2.26% from $0.07811 to $0.07701. The coin picked up from $0.7701 to $0.07838 by 1.78%. The intraday loss was of 0.85%. Yesterday, the coin registered a loss of 6.88%. The coin changed from $0.07744 to $0.07213.

Stellar Price Prediction and Conclusion:

XLM coin has taken a surprising turn today and which raised the eyebrows of many traders. It looks like the company’s efforts to help the coin in the market have finally worked. As per our XLM forecast, the coin is anticipated to touch $0.2 by the end of the year. The traders interested in the coin should plan for a long-term investment to earn high profits.

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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