- Stellar (XLM) price takes another deep drop.
- The coin still holds the hope for recovery.
Stellar (XLM) opened the month with a downtrend. The traders were seen worried for a week. After the fall, the coin started escalating from the second week. Well, the market soon started slipping, and again, Stellar (XLM) has to face market pressure.
The coin heroically faced the drop, and on yesterday’s chart, the coin reflected a heavy rise. We are quite sure that coin which is dealing in loss would rise and shine again.
XLM to USD Price Comparison:
The chart is taken from Trading View on 16th August 2019 at 07:43:54 UTC for price analysis.
Yesterday, the coin opened with a downtrend. The price slipped from $0.0697 to $0.0659 by 5.38%. The price started the recovery after the fall. The price switched from $0.065 to $0.069 by 4.90%. The price kept rising and touched $0.071 from $0.067 by 5.24%. The intraday escalation was of 1.39%. Today, the market again opened with a loss. The price slipped from $0.070 to $0.067 by 4.72%.
Current Statistics of Stellar:
|Market Cap||1,336,643,553 USD|
|24hr Volume||84,332,287 USD|
|Circulating Supply||19,633,174,322 XLM|
Stellar Price Prediction and Conclusion:
As per our XLM price prediction, the coin is expected to start price rally from next week onwards. The traders in the coin would be soon seen drawing huge dividends from the market. The coin is recommended for short-term investors. The currency would help them draw the colossal amount of profit in such a short time. The volatility in the coin is expected to take it to $0.2 by the end of 2019. In the coming years, the coin could be seen dealing with a 4% to 5% profit.