Technical Analysis

Stellar Price Analysis: Stellar (XLM) Trading In Bullish Zone But With A Bearish Nature

The stellar community seems to clear many queries at the users end in the Crypto valley Conference held on 26th June 2019. The transcripts of Lisa Nector is available online for the users to understand the vision of Stellar clearly. Let’s hope that Stellar Lumens gains more credibility and trust from their followers.

https://twitter.com/StellarOrg/status/1147553920006250496

Stellar Price Analysis:

The XLM price is trading at $0.1050 at 08:01 UTC on 8th July 2019. The other essentials are as follows:

  • Return of Investment: 3400.49%
  • 24 Hour Volume: 223,535,938 USD
  • Market Cap: 2,023,386,129 USD
  • Total supply/Circulating Supply: 105,122,657,252 XLM/ 19,425,057,996 XLM
  • 7 Day high/low: 0.108315 USD / 0.099219 USD

XLM to USD Price Comparison:

Comparing the data from the past few days, the higher value was fluctuating initially on 3rd July at 23:05 UTC with $0.01061745. The value then dropped by 7.09% on 4th July at 23:35 UTC with a trading value of $0.009867.

After achieving the lowest in past few days, the value is only trading in an upward direction. After 4th July, the value was escalated by 7.86% on 6th July with a trading value of $0.1064226. The value now has dropped by 1.31% from then.

Stellar Price Prediction and Conclusion:

Stellar seems to be considerate with bear’s trend! We are just hoping that traders do not lose their credibility in the coin. It seems like high time for the community to raise their bars in the escalation motion. However, it might surprise us very soon!

With the trend we can observe now, by the end of 2019, we might see the valuation of Stellar touching down at $0.2. Fingers crossed!

Shaun Goforth

Shaun Goforth is a finance analyst and excels in data interpretation. He also writes contents related to finance. He guides people regarding finance via conduction seminars.

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