Stellar (XLM) Rallies 8% Despite Heavy Market Pressure

  • Stellar price upsurge astounds intraday traders.
  • XLM price recovered voluptuously and touched $0.70.

Stellar price movement has taken the traders by surprise today. The momentum of the XLM coin is amazing and looks like it is planning to set a record. The coin is currently dealing at $0.70, and it looks like in a few hours it would trade above $0.72. The escalation in price was awaited by the traders for a long time.

Yesterday, Stellar price was seen touching a high at $0.065444 and a low at $0.062958. The volume marked was at $279,328,071.

Stellar Price Prediction

Stellar Price
Stellar Price Chart by TradingView

Yesterday, Stellar started dealing at $0.0644, which can be seen from the Stellar price forecast. The price slipped to $0.06241 by 3.15%. Further, the XLM price escalated to $0.06513 by 4.34%. The intraday price movement recorded an escalation of 1.26% as Stellar closed at the same level. Today, XLM coin opened with an astounding momentum. The price escalated from $0.06513 to $0.07200 by 10.55%. Further, the price of Stellar Lumens slipped to $0.06941 by 3.59% drop. However, the coin has recovered and is dealing around $0.070.

The last week has been quite a relief for the traders. On October 25, 2019, the Stellar price was seen hovering around $0.60. The price started improving from next day itself. The upsurge was moderate until today.

For the intraday traders, the day seems to bring a colossal profit. We would recommend the short-term traders to pick XLM coin for 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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