Stellar Price Analysis: XLM Price Trades Under Selling Pressure

Stellar (XLM) is currently dealing with the bears. The coin is tremendously falling on the chart. The drop started yesterday and continued till today. The same wouldn’t last because the crypto market, along with Bitcoin, is climbing up. Bitcoin acts anchor for Stellar, and thus in some time, Stellar would be pulled to a positive price digit.

We are quite apprehensive about Stellar (XLM) price chart. The coin has recently shown remarkable growth even during the price drop.

Let’s have a look at the price chart. 

Current Statistics of Stellar (XLM): 

The price chart is taken from Trading View on 21st July 2019 at 06:00:45 UTC for price analysis. 

Stellar price chart July 21
Stellar Price Chart by TradingView

Yesterday, the coin opened at $0.093. The coin slipped to $0.092 from $0.093 by 1.53%. Later, the coin escalated from $0.092 to $0.097 by 5.48%. The currency kept its price range around $0.096 and closed at $0.094. The intraday escalation was above 1%. Today, the coin opened with a heavy fall. The price shifted from $0.094 to $0.090 by 4.09%. 

Stellar Lumens Price Statistics: 

Particulars  Stellar (XLM) 
Price  $0.092367 
Rank  11
ROI  3004.06%
Circulating supply  19,604,574,394 XLM
Market cap  $1,810,820,246 
24hr Volume  $181,664,309 

Stellar Price Prediction and Conclusion: 

Stellar (XLM) has a high prospect of price upsurge on the chart. Stellar Lumens is also making the news because of its futuristic business ventures. The same will benefit XLM in climbing up. The traders must have seen the potential behind the coin. The best-suited investment for Stellar (XLM) would be the long-term investment. The short-term investment could also bring dividends, but it would be less as compared to the long-term. As per XLM Forecast, the coin would touch $0.150 by the end of 2019. The years after 2019 would also be flourishing for Stellar traders. 

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.

Related Articles

Back to top button