Last month was one of the best months the digital currency market has seen so far this year. While the major crypto bull run for this year started on the 1st of April, the month of June saw almost all coins in the market test new year-to-date highs. The price of Bitcoin (BTC) – the most dominant digital currency in the world – surged significantly and tested a high of almost $14k. Other digital currencies such as Ethereum (ETH), XRP (XRP), Binance Coin (BNB), Litecoin (LTC), and Stellar Lumens also tested year-to-date highs.
The recent bull run last month also saw the price of Stellar Lumens surge to a high of $0.1306. The price of Ethereum (ETH) broke over the $300 mark and traded over the $300 mark. Another digital currency that greatly benefited from the bull run is Litecoin (LTC). The price of surged enormously and it traded close to the $150 mark with ease. However, over the past week, the digital currency market has been somewhat stagnant. The prices of digital currencies have been in a tight range, with Bitcoin (BTC) struggling to break over the $12k level. While the price of Stellar Lumens has plunged significantly from its year-to-date high, the team behind the project has been working to boost the adoption, use, as well as the ecosystem of blockchain.
Stellar Lumens Goes Global to Boos the Ecosystem of Stellar – Cryptocurrency News Today – Stellar Lumens News Today
The team behind the Stellar Lumens project has been working very hard to make sure the digital currency project remains relevant in the crypto space. While the firm has achieved a considerable level of success over the past years, they are still working to achieve more milestones. Recently, Lisa Nestor – the head of partnerships at the Stellar Development Foundation – said that the blockchain project is working in countries across the globe to boost the ecosystem of Stellar Lumens (XLM).
In a recent interview, Lisa Nestor said that most of the successful efforts of the Foundation so far are in Africa and South America. During the interview, she said:
“In Nigeria, Mexico, and Brazil, there are a lot of firms that have the capacity to provide really good, local currency deposit and withdrawal services into the ecosystem of Stellar. Though these firms might not be as big of a brand name as IBM, they are really important and they are playing a major role in getting the network to where it needs to be. That means a lot of methodical, slow, one-by-one discussions, but I think it is critical.”
Stellar Lumens Price Analysis – Stellar Lumens Price Prediction – XLM USD Live Price – Cryptocurrency News Today – Cryptocurrency Market Update
Stellar Lumens (XLM) is currently trading in the green after a recent plunge of more than 6 percent. Stellar Lumens is one of the biggest rivalries of XRP (XRP). The digital currency has seen a great level of adoption since its emergence. Stellar Lumens has great potentials and it has a promising future. At the press time, XLM USD price has found support at the $0.1000 mark. On the upside, the resistance of the coin is at the $0.1100 level.
Stellar (XLM) Price Today – XLM / US
At the time of writing, the price of Stellar Lumens (XLM) is $0.1021 after an increase of about two percent over the past twenty-four hours. The current market cap of the digital currency is $1.98 billion with a trading volume of $321 million over the past day.
Stellar Price Analysis: Stellar (XLM) Price Indicates Escalation; Price Hovers Around $0.068
- Stellar embarks bullish trend.
- Traders should gear up for price rally.
Stellar (XLM) price was seen suffering in the price chart at the beginning of the month. The traders were surprised to see a sudden fall in the price of the coin. The downtrend in the coin continued for quite a long time.
The market started improving from the past couple of days. The same has given a boost to the coin. Today, there are many coins in the market that are falling. However, it seems like Stellar has finally paved its way to the top.
Current Statistics of Stellar:
- The coin is currently dealing at $0.068911.
- The ROI stands at 2215.79%.
- The coin is at the 11th position in the crypto market.
- The market cap is noted as $1,353,139,836.
- The circulating supply is at 19,636,141,841 XLM.
- The 24hr volume is marked as $106,936,497.
XLM to USD Price Comparison:
The chart is taken from Trading View on 24th August 2019, at 06:00:49 UTC for price analysis.
The coin opened with an escalation of 1.78% in yesterday’s chart. The price changed from $0.068 to $0.069. Later, the coin fell from $0.069 to $0.068 by 2.20%. Further, the coin again marked an escalation of 2.56% as the price changed from $0.067 to $0.069. The coin closed at $0.069 with an intraday profit of 2.19%. Today, the coin opened with a fall. The price slipped from $0.0698 to $0.0692. Later, the coin recovered the fall.
Stellar Price Prediction and Conclusion:
Stellar (XLM) has reflected a great potential in the past. We are anticipating a similar movement in the price of the coin would soon start. The traders can dig in as the coin holds a high prospect of an upsurge in the coming years.
The coin is likely to close the year around $0.1. In the coming years, the coin would be seen, making a 4% to 5% profit. We would recommend investing for a long term prospect. The coin is speculated to give the best result in the long term.
Stellar Price Analysis: Stellar (XLM) Price Bearish Trend About To End; Indicating Price Recovery On The Chart
- Stellar (XLM) price drop indicates a slight recovery.
- The traders can expect a better result from the intraday price movement.
Stellar (XLM) price was seen at an astounding level in the previous month chart. The current month has been quite a disappointment for the traders. The first week was all about the price drop. The second week reflected a slight improvement, but the third week was again disturbing.
The intraday chart started with a drop, but it is now moving up. Let’s have a closer look at the chart.
Stellar Current Statistics:
The chart is taken from Trading View on 22nd August 2019 at 05:29:29 UTC for price analysis.
Yesterday, the coin opened at $0.068. The coin escalated to $0.0689 and later fell to $0.066 by 3.45%. The drop continued, and price changed from $0.067 to $0.065 by 2.38%. The coin reflected a slight recovery by the closing of the day. The coin closed at $0.067 with an intraday loss of 2.42%. Today, the coin fell from $0.067 to $0.065 by 1.92%. The coin has improved on the chart and is currently dealing at $0.066.
|Market Cap||$1,284,371,707 USD|
|Circulating Supply||19,636,140,289 XLM|
|24hr Volume||$108,654,589 USD|
Stellar Price Prediction and Conclusion:
Stellar Lumens, the parent company of Stellar blockchain is trying all techniques to increase the popularity of the coin. The coin is speculated to climb in some time. But, the traders are recommended to hold their investment. The coin could end the year at $0.1. For now, the short term investment looks better for the coin. The investment could give a better result if the coin crosses $0.080 by the end of the month, but the prediction is astronomical.
Stellar Price Analysis: Stellar (XLM) Moving Upwards Finally! Hope To See Some Returns Very Soon!
Stellar has been organizing many webinars and seminars to grow and improve the credibility of XLM coin. Let’s hope for the same to happen soon.
XLM price is seen trading at $0.0722290 at 01:37 UTC on 20th August 2019. The value seems to move upwards. The other important factors of Stellar are as follows:
- Return on Investment: 2313.20%
- Total supply/Circulating Supply: 105,263,081,265 XLM/ 19,634,311,087 XLM
- 24 Hour Volume: 57,994,581 USD
- Market Cap Value: 1,409,925,159 USD
- 7 Day high/low: 0.075302 USD / 0.066479 USD
XLM to USD Price Comparison:
Well, we can see some surging in the right direction for Stellar after a long time. In the last five days, initially, the XLM price was trading below the baseline. On 15th August at 06:50 UTC, the value was trading at $0.06599, which was increased by 7.65% on the same day at 23:00 UTC trading at $0.07104250. Stellar price from then dropped by 5.86% on 17th August at 20:50 UTC with the trading price of $0.06689324. The price of XLM coin as of now is increased from then by 7.99%.
Stellar Price Prediction:
Currently, Stellar coin trading with bearish nature with some peep ups from the last few days, which means it may draw in new traders to offer on ‘purchase’ and incorporate XLM in their portfolio. The resistance and support levels can be considered as:
Till the flood is acknowledged emphatically on the bulls’ pattern, it is best exhorted not to offer on ‘sell’! In the upcoming months, it appears that the Stellar price may cross its 30-Day high value of $0.091. However, the truth will surface eventually, if that will occur!