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Stellar (XLM)

Stellar Price Prediction: Stellar Bulls Take A Break as XLM Price Drops To $0.101

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XLM price increased slightly on July 9 with other cryptos. It rallied for a while and the bulls appear to have taken a break. Can XLM defeat the bears in the short term?

Stellar’s main objective is to make the transactions conducted by its users faster and easier. The goal has always been to make things easier and better for the network’s partners, and investors. The firm’s recent SEP-6 solution designed to enable the withdrawal of stablecoins directly via their bank accounts has been a revelation for global banking companies.

The network’s latest venture the Solar Wallet has also implemented the same. Now, it appears the remaining companies will follow. This looks good for the network’s native token the XLM. Holders of XLM can now sit back and enjoy this phase as current market data on Lumens may shoot at any moment. What is the current status of Stellar?

Stellar (XLM) Price Today – XLM / USD

NamePrice24H (%)
Bitcoin (BTC)$12,292.00-1.99%
Stellar (XLM)$0.094287-7.30%

Stellar Price Prediction: Stellar Market Performance in the Last 24 Hours

It appears the price of Stellar has dropped by a few points in the last 24 hour. The price of Stellar has lost traction and is currently trading at $0.10115 according to data given by coin market cap. The digital asset also had a total market capitalization of $1,963,791,352 at press time. With a circulating supply of 19,425,798,989 XLM and 24 hour trade volume of $392,929,551. Stellar also had a return on investment of 3,295.83% at press time per coin market cap data.

Despite this slight drop in the price of Stellar, the network’s latest initiatives will likely ensure that prices go higher. Hence, investors and traders can hope for the best.

Comparing the Price of XLM for The Last 30 Days

In the past 30 days, the price of XLM has endured several phases due to the highly volatile nature of the market. XML price reportedly dipped from the $0.12789 position to trade at its current point at $0.1011572 as of July 10. This is comparing prices from 30 days earlier to July 10. Due to volatility, Stellar price has recorded a downtrend of no less than 20% in the past 30 days.

The major price drop for the digital asset reportedly started from June 28 onwards. At the time the coin’s value slumped drastically from $0.132 to $0.102 which was a steep fall. The price of Stellar has been moving just within the $0.105 position since then onwards.

Just yesterday, the price of Stellar managed to reach as high as $0.105. But since that time to now, it hit a low of $0.101 at the opening of trade for July 10. The price of Stellar has been crawling in the last 7 days. In that time frame, the price of XLM got the highest point of $0.106.

Stellar Price Prediction 2019: What Should You Expect From XLM Price

Stellar price has the potential to pick up the pace. It can gather momentum and reach as high as the $0.110 point by the end of this month if you consider the coin’s slow-moving trend. In the coming 2 months, XLM price may rise to as high as the $0.140 position. It may even reach $0.2 by the year-end. Of course, this is purely speculative, but it’s still possible that Stellar price may offer long-term gains. Short-term investment might not be profitable because the price of the coin is moving too slow.

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Stellar Lumens News Today – Headlines

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  • Bitcoin Gives Way to Altcoins, As Its Dominance Drops to 66 Percent
  • Stellar Lumens (XLM) Follows the Footstep of XRP with More than 8 Percent Gain

Stellar Lumens News Today – Bitcoin (BTC) is still trading within a tight range, and this has kept the digital currency slightly over its support level. The stagnation of Bitcoin has resulted in a dip in market share. The dominance of Bitcoin (BTC) is currently reducing as some altcoins have started making bigger moves. Some of the altcoins experiencing huge gains are Stellar Lumens (XLM), XRP (XRP), and Ox.

Bitcoin Gives Way to Altcoins, As Its Dominance Drops to 66 Percent

Over the past day, Bitcoin (BTC) has been trying to break higher. The digital currency has been trying to break over the $8,500 mark. However, $8,400 is the best it has done over the past day. The bearish pressure is still pretty much and the resistance level is proving too strong. On the other side, the price of Bitcoin (BTC) plunged to $8,240. However, it was able to amass some traction and return to the $8,300 mark again.

The recent price action of Bitcoin has been music to the ears of altcoin investors, especially XRP traders. The price of XRP has surged by more than 11 percent since the weekend. Ripple has proven to be one of the best performing digital currencies so far, as it hit $.0298 a few hours ago. So far this month, Ripple’s XRP has surged by about 20 percent.

Nevertheless, the price of XRP is still down by 15 percent since the start of this year, so it has a long way to go. XRP seems to be gaining more traction due to the forthcoming Ripple Swell conference in Singapore early this month. XRP is currently facing a major resistance at the 30 cents mark. However, a break over this level could push the price of the coin significantly higher.

Stellar (XLM) Price Today – XLM / USD

NamePrice
Bitcoin$8,164.41-2.20%
Stellar$0.064-0.89%

Stellar Lumens (XLM) Follows the Footstep of XRP with More than 8 Percent Gain

Whenever XRP moves, Stellar Lumens (XLM) also surges along. Over the past twenty-four hours, the price of XLM is up by 8 percent, bringing XLM to USD price to $0.065. Nevertheless, the digital currency is way down from its previous highs. Stellar Lumens (XLM) is more likely to follow the trend of XRP, as both of them seem to move in tandem.

Stellar Lumens (XLM) currently lacks the momentum to drive its price. However, it could also benefit from the Swell conference, as it tends to mimic XRP. XRP is currently the 10th largest digital currency by market cap and it has held that position for quite some time now.

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Can XLM Price Hit $0.09 Resistance In October? Traders Explain The Current Trends

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Will XLM price hit $0.09 resistance in October? TradingView users share their opinions and XLM price predictions with us-

Stellar Lumens is staying on the current level without showing signs of improvement, but traders say that changes are slowly coming. What does it mean? Will XLM overcome the resistance areas and enter the bullish area before 2020 starts? Let’s check the technical analysis and read XLM price predictions from TradingView users.

Bullish season is coming for XLM

Stellar Lumens (XLM) price chart by TradingView

If we look at this weekly chart we will see that there’s a bullish divergence on the RSI. It means that the price is decreasing while the RSI is increasing. That’s a pretty big bullish signal. It’s very likely that the bulls are taking positions for a new bull run.

But when the breakout should happen? Seems like it won’ happen earlier than in a few weeks, and other XLM price predictions prove that.👉MUST READ

The trend will reverse in Q4 2019

XLM trend reversal area

Stellar Lumens (XLM) price chart by TradingView

As we can see on the price chart from UTS_Trader, XLM should reach the reversal area for the current price to change. It’s located in the $0.09 price zone and higher. Thus, XLM price won’t grow sufficiently until the 9-10 cent area is reached.

Some traders say that RSI means nothing now. The breakdown point RSI was oversold and traders thought it can pump easy now and didn’t want to buy cause RSI was overbought. 

The price spike at everyone is waiting for would bring XLM to 3000 satoshi resistance area. We shuld also watch for the BTC run coming with XLM together (which won’ happen earlier than the next week).

We are doing falling wedge on 4 hr chart, so if the chart is same falling wedge completes around October 15th at 0.056 and pump comes, it looks like on that chart also it went previous week low 0.056 will be the previous week low. RSI can spike on weekly chart now it is ready to go.

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Stellar Lumens XLM News Today – Top Headlines for Oct 4, 2019

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  • Stellar {XLM} Meetup Scheduled to Hold  in San Francisco Draws in 100 Attendees; XLM Recovers, Targets $0.075

Stellar XLM is a thriving cryptocurrency which is currently ranked #10, it is directly above LEO and below Bitcoin SV in the market. It’s current ranking is a proof of how far this currency has come. Recently, the trading volume of Stellar has risen considerably reaching up to $129.450 million. This is a far cry from where it used to be, coupled with the fact that there are about 20.159 billion XLM tokens in circulation. This takes the total market cap of Stellar Lumens to $ 1.189 billion at the moment. 

The Stellar XLM is a rising digital currency and aims to do much more than it is doing at the moment. In the past 24-hours the XLM has moved at a rate of about 0.89%, this surge brought the price to about $0.059165 which is a massive improvement and the price seems to have settled there up till now. This settling may mean many things. It could be that the currency has found stability or it could be an indication that it is not going anywhere anytime soon. 

Looking at the charts there are so many indicators that tell us about the possible future of the stellar XLM. But truth is we can only predict, certainty is not 100%. Using the indication of the Ichimoku cloud and the recent performance, it shows that the sellers of the cryptocurrency have not let off and they still remain a formidable force to be taken into account. Looking closely at the chats, the MACD line still lies slightly under the signal line. However the gap between the two lines has been reducing over the span of the last 5 days. The daily RSI ( for about 14 periods) is at 44.5 this shows that the Lumens is currently stagnated at the neutral zone and it might be there for a while. 

Stellar (XLM) Price Today – XLM / USD

NamePrice
Bitcoin$8,206.890.836%
Stellar$0.0591.99%

So, is the price of Stellar Lumens XLM moving up anytime soon? It’s too early to say at this done. But the cryptocurrency is here to stay and is gaining more attention than before and this  San Francisco meetup is geared towards more publicity and attention. 

Will the meetup at San Francisco produce positive results for Stellar? The answer is most likely in the affirmative and will it help the currency get to its target of $0.075? Well we will just have to wait and see.

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