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AltcoinCryptocurrencyPrice Analysis

Stellar Price Analysis: XLM is Rapidly flowing up with +34.95% Change in 24H

The coin is moving in the upward direction with the strong positive change of 34.95% in 24 hours. It is currently holding the mark of $0.081. The coin is trying to move out from the bearish zone and it seems that the coin will soon be out of the red zone.

Stellar New and Event

A meet-up event of Stellar regarding the Q3 protocol upgrade will be held on 30th Sep 2019:

We will push 3 Protocol upgrades; one each in Q2, Q3, and Q4.

Coin Statistics

  • The market cap of XLM is holding the figure of $1,628,165,074 USD out of the total market cap of cryptocurrency.
  • $379,174,148 USD is the 24 hour volume of the coin.
  • Almost 20,084,644,343 XLM coins are in the circulating supply out of the total supply that is 105,343,407,762 XLM.

XLM Current Price

Currently, the price of a token at the time of writing is standing at $0.081065 USD and 0.00000793 BTC.

Stellar Price Comparison

During the last three-month the coin has constantly been in the bearish trend. The sudden fall of the price started from 26th June 2019 when it was standing at the point of $0.132. The coin slightly recovered itself on 20th July hitting the mark of $0.78. But after that, it plummeted down to its lowest value during these-month at $0.58 on the date of 17th Sep. The price of the coin has decreased down with the percentage of -54.55 during the period of these three-months.

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The three-month comparison chart of XLM is given below:

Image created via Trading View

XLM Price Prediction

The traders and investors of the cryptocurrency have not been satisfied with the performance of the coin as it has mostly remained in the bearish trend and the price has been showing the downward movement with the decrease ratio of -54.55%.

But since 17th Sep, the value of the coin is continuously flowing in the upward direction and it seems that it will enable itself to touch the bullish zone.

Source: TradingView

Conclusion

The coin is showing satisfactory performance from the last few days. And the token is trying to move out from the reddish zone and it is expected that it will soon enter the bullish zone.

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Leah Hutton (Luxembourg)

Leah Hutton has recently joined Tokenhell team as a freelance writer. She has comprehensive knowledge of blockchain and various cryptocurrencies.

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