Price Analysis

Stellar (XLM) Records A Downward Journey From $0.108 to $0.084 In 30 Days

  • Stellar’s 22% dip may convert into growth in the coming month
  • XLM price may rise up to $0.090 by the end of this week

It has been quite a month for the XLM coin. From the firm’s perspective, there has been a lot of important announcements made to entice new users on the platform. From the XLM coin’s perspective, it recorded a dip of over 22% since the beginning of the month. The time of bearish trends may be over now as the current market performance moves towards improvement and progression.

Current Statistics of Stellar:

In the last one month, XLM has recorded a downtrend of 22% dipping from $0.108890 to its current value at $0.084059 as on July 31, 2019, at 05:07:58 UTC. The coin first started dropping rigorously in the first half of the month and had a deep fall from $0.102410 to $0.075977, but then it regained some momentum and surged up again. It is not as high as its starting value at the beginning of the month, but it is still decent.

XLM Price Prediction
XLM Price Chart by TradingView
  • XLM coin price is found to be trading at $0.084 and 0.00000867 BTC
  • The market cap of the coin has reached $1,648,265,102
  • The 24-hour volume of the coin is noted to be $96,632,396
  • ROI of the coin stands at 2,722.18%
  • Circulating Supply is noted to be 19,617,690,558 XLM

Stellar’s highest recorded value yesterday was $0.084385, and the coin closed the day trading at $0.08356. There has not been much of movement since then, but it is anticipated that the coin may move towards the upward direction in the next 2 days.

Stellar Price Prediction:

XLM coin has been regarded as one of the high performing assets. Although it may not have shown much of positive movement since the beginning of this year, it may rise up to $0.090 by the end of this week. Stellar price may also cross $0.100 by the next month and start trading above it from then onwards.

Conclusion:

This is a good time to target long-term bulk investments in XLM coin as the rising trends are around the corner, and profits will be profound from this coin.

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Ruti Vora

Ruti has recently joined CryptonewsZ as a writer and has been writing on other cryptocurrency sites as well. Having a background of tech field makes her versatile with a keen interest in literature. You will find her surrounded by books and music when she is not on work. You can also contact her on Linkedin or Facebook.
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