Price Analysis

Stellar (XLM) Slows Down Recovery; Gains 1.93% Overnight

After last day’s enormous growth, Stellar seems to have cooled down its recovery process. Over the last 24 hours, it has gained almost 2% with three major price variations.

Stellar Price Prediction:

XLM coin’s first swing happened in the initial 10 hours and 4 minutes, and this swing of 3.97% cost it 0.003135 USD and pushed the value to 0.075865 USD. It was followed by a hike of 6.91%, and this hike added 0.005246 USD to the value, and it reached 0.081116 USD.

The last swing happened between 20:57 UTC and 22:55 UTC, and in these 2 hours, Stellar faced a bottleneck of 3.16% that pushed it to 0.078553 USD.

Over the last seven days, the price trend of Stellar has been full of fluctuations. The lowest point of yesterday was at 0.076 USD, and the highest being 0.080 USD. The Market Cap of XLM coin has also shown a trend of fluctuations in these days.

As per the current slowdown of recovery, Stellar Lumens may face next support around 0.0772 USD. However, due to price fluctuations, if the currency trade upwards, it may reach around $0.081.

XLM Price Chart
XLM Chart by TradingView

Resistance and Support Levels

R1- $0.081496, R2- $0.083183, R3- $0.085733

S1- $0.077259, S2- $0.074709, S3- $0.073022

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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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