Price Analysis

Stellar (XLM) Escapes from Bearish Trend Amid Extreme Volatility

  • Stellar (XLM) price represents an improvement in the price movement.
  • The intraday trading in XLM might bring flourishing results.

Stellar (XLM) is heading forward with a moderate profit. The last quarter was quite devastating for the entire market. Stellar was seen maintaining itself well in the first few months, but in the last 30-days, XLM was caught by heavy market pressure. The beginning of the month spiked some hope among the traders. The last few days have kept XLM dealing around $0.063. The market cap noted yesterday was at $1,240,065,250. The currency touched a high at $0.062594 and a low at $0.061137.

XLM to USD Price Chart:

The data feed is recorded from Bitfinex on October 9, 2019, at 10:34:48 UTC for analysis.

Stellar Price
XLM Chart By TradingView

Yesterday, Stellar started the day at $0.062. The price escalated to $0.064 by 2.87%. Later, there was a tremendous fall in the price. The counterchanged from $0.064 to $0.060 by 4.98%. The final hours brought the uptrend in its price. The counters jumped from $0.060 to $0.062 by 2%. The intraday movement indicated a loss of 0.30% as it closed at $0.062. Today, the uptrend kept intact and took the price to $0.0626 from $0.0621 by 0.77%. The price fell immediately to $0.061 by 2.17%. Later, the escalation took the price to $0.063 by 2.17%.

Stellar Price Prediction:

The expectations are pretty high from the coin. The past years have shown that Stellar Lumens is the result-oriented currency. The recent market scenario is indicating towards the improvement in the price. The traders can dig-in with a high prospect of profit. We are positive that the traders would gain the desired amount.

As per the statistics, the market cap is $1,254,270,849. The 24hr volume is noted as $230,814,758. The circulating supply stands at 20,023,782,794 XLM. The ROI is at 2005%.

We are anticipating that Stellar (XLM) would close the year on a bullish note. In the coming years, the escalation in XLM would be impressive comparatively.

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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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