Price Analysis

Stellar (XLM) Records a 4.37% Slump; Support is Likely at $0.059

Stellar Lumens could not be left from the market outrage, and like all other its peers, it has lost 4.37% over the last one day. It has witnessed three price variations, and the price has gone as low as 0.061 USD from 0.063 USD.

Stellar (XLM) Price Analysis:

XLM coin’s first swing happened over the first 9 hours, and it pushed the value to 0.060042 USD from 0.06393 USD by 6.09% price drop. The second variation happened between 09:18 UTC & 15:04 UTC, and in these 5 hours and 46 minutes, Stellar price lost 6.44% to be placed at 0.057081 USD, the lowest for the day. It was followed by a 6.66% hike that added 0.0038 USD and pushed the XLM price to 0.060884 USD by 01:38 UTC.

Stellar Price Chart
XLM Price Chart by TradingView

Stellar Lumens has witnessed a slight increment over the last 24 hours. On November 21, the market cap was 1.237034 billion USD, whereas it has increased to 1.237335 billion USD in one day.

XLM coin’s 50 days MA stands at 0.060855 USD, and it’s 100 days average is now at 0.060785 USD. The current price of Stellar at 0.061137 USD is 0.46% and 0.57% more than the 50 days and 100 days moving averages, respectively.

Stellar (XLM)Resistance and Support Levels
1st Resistance$0.06457
2nd Resistance$0.06746
3rd Resistance$0.06922
1st Support$0.05991
2nd Support$0.05815
3rd Support$0.05526
Tags

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.
Back to top button
Close