Price Analysis

Stellar (XLM) Dips By 10% Since Yesterday From $0.087 to $0.078

  • Team Stellar gears up for today’s event with Coinsquare at Toronto
  • Stellar drops from $0.087 to $0.078 within a day

Stellar’s slow trends have been concerning the investors, but the market fluctuations due to tumbling prices of Bitcoin is a stronger reason for the underperformance of the currency. The current speculations around cryptocurrencies may delay the rising trends of all cryptos by a month or so. The market statistics also indicate slow trends ahead.

Stellar Price Statistics:

Stellar has shown a downtrend of over 40% in the past 30 days falling from $0.131 to its current value at $0.078 as on July 17, 2019, at 04:31:30 UTC. The coin had tumbled down by over 10% since yesterday when it was observed to be trading at $0.087. It may continue to trade slowly for a few more days.

XLM Price Prediction
XLM Price Chart
  • The price of XLM token is noted at $0.078 and 0.00000827 BTC
  • The market cap of the coin is now $1,546,334,281
  • The 24h volume has been $372,869,299
  • The ROI of the coin has reached 2,500.06%
  • The circulating supply is now 19,604,572,594 XLM

The highest recorded value of XLM coin yesterday was $0.088, in the last 7 days, it was $0.100, and in the last 30 days, it was $0.134. The coin has been continuously depicting slow trends since the beginning of this month and it may take a little longer for XLM to trade above $0.134.

Stellar Price Prediction:

XLM token has been underperforming since the onset of July 2019 and it may continue till the end of the month given recent scrutiny against most of the cryptocurrencies. However, as the sand settles, XLM may rise at $0.150 by the end of next month and may cross $0.2 by the end of the year. It may start trading between $0.2 and $0.9 if it picks up the good pace by the end of 2019.

Conclusion:

This is the best time to hold on to XLM tokens and wait for the prices to go up to $0.100 to make significant profits from this token. It may take a little longer this time for XLM to hit this value.

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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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