Stellar developers recently released a blog talking about the liquidity problems and how they can solve the same. While discussing the trading bots is important, the trust and credibility of Stellar might be at stake because of the constant drop in the chart.
Let’s hope that Stellar community wins the hearts of the traders again!
Price Analysis of Stellar on 21st July 2019
The value of XLM is currently trading at $0.09176 at 08:08 UTC on 21st July 2019. Rest of the contributing factors are as follows:
- Market Ranking: @11
- Return on Investment: 3016.40%
- Total supply/Circulating Supply: 105,162,759,272 XLM / 19,604,574,394 XLM
- 24 Hour Volume: $183,835,123
- Market Cap Value: $1,818,017,044
- 7 Day high/low: $0.096845/ $0.075820
Stellar Price Comparison
In the past 30-day analysis, it was seen that on 22nd June at 13:00 UTC, the value was trading in the green zone at $0.1349. The value on 27th June dropped by -22.06% having its trading value at $0.1052. With July trade, the value went further down. On 11th July, the trading value realized one of the lowest touchdowns by -18.44% at $0.08570. On 17th July, the value dropped again by -11.22% with $0.07609 trading value. However, the value now has increased by 20% since then!
Stellar Price Prediction and Conclusion
Stellar is showing no major improvement in its trading value as it is still trending in the ‘buying’/bearish zone. This might be just the right time for Stellar to move ahead. It’s time to ‘wake up’! But till then, resistance and support levels to refer are as follows:
- R3: 0.102198
- R2: 0.099522
- R1: 0.097316
- Pivot Point: 0.09464
- S1: 0.090434
- S2: 0.089758
- S3: 0.087552
By the end of 2019, Stellar might trade up to upside value of $0.20.