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Price Analysis

Stellar Price Upsurge Keep the Hopes Up for Hefty Improvement

  • Stellar (XLM) exhibits synchronized movement with the market.

Stellar’s upward movement has helped the traders to take a sigh of relief. After a long time, the coin is reflecting a stable and consistent movement. The upsurge is speculated to keep intact for some time and take the price to a profitable counter.

The upsurge started yesterday; the coin touched a high at $0.061680 and a low at $0.057361. We anticipated that the coin may reach to an astounding level.

XLM to USD Price Comparison:

The data feed is gathered from Bitfinex on September 01, 2019, at 10:16:38 UTC for price analysis.

Stellar Price
Stellar Chart By TradingView

Yesterday, Stellar opened with a fall; the price slipped from $0.0584 to $0.0568 by 2.75%. Further, it escalated to $0.061 and the progression noted was 9.12%. Towards the end of the day, XLM again jumped and touched $0.062 from $0.060 by 2.07%. The intraday movement escalated the price by 6.31% and close at $0.062. Today, XLM started with a fall of 3.04% and the price counter changed from $0.062 to $0.060.

The traders are gazing at the chart to book an astounding record as the chances of achieving it are quite high. The past has scared the traders enough and now all they are waiting for is an upsurge.

XLM would go best with a short-term investment plan; the same would bring the traders to the expected result.

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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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