Stellar’s Latest Hike Surpasses $0.062 Target

  • Stellar gains 1.52% over the last 24 hours to reach 0.062 USD.
  • The next resistance may fall at 0.064 USD.

Stellar has gained 1.52% over the last 24 hours, and the value has now surpassed 0.062 USD. The three price swings of this period have given a price range between 0.061 USD and 0.065 USD. Stellar’s previous day’s price trend appears to be quite volatile.

Stellar Price Analysis

Stellar’s first price variation happened between 00:35 UTC and 03:34 UTC, and this swing took 2.40% away from the value and placed it at 0.0611 USD, marking the lowest of the day. It was followed by a hike of 6.65%, and it pushed the final value of XLM to 0.0651 USD, the highest of the day. Later, it took another fall of 4.01% where the price of XLM made a swift slope to trade at 0.0625 USD.

The current market cap of XLM is at 1.257 billion USD, and it is a decrement from the market cap of October 09.

Stellar Price
Stellar Chart By TradingView

Stellar’s 50-day average is maintaining a high ground, and its 20-day average is in a constant race with the current trend. As evaluated XLM Coin Price Prediction by expert the coming days may witness an upward movement for Stellar Lumens, and resistance may come at 0.064 USD. The medium-term outlook seems bullish; investors are advised to have a long-term investment perspective in XLM.

Resistance and Support Levels:

R1- $0.064297, R2- $0.065239, R3- $0.066447

S1- $0.062147, S2- $0.060939, S3- $0.059997

Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on the world's leading digital currencies.

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