- Stellar has crossed $0.082 after 10.67% hype in the last 24 hours
- Investors may soon find the price at $0.086637 as its next resistance point
XLM coin has followed the market trend, and the bullish push has added an overall 10.67% in the value over the last 24 hours. The current price of Stellar rests around $0.08223. If the current momentum remains intact, it may cross its key resistance $0.086 in the upcoming hours.
Stellar Price Analysis
XLM price was at $0.074299 at the starting of the day, and by 10:56 UTC, it was elevated by 7.67% that added $0.005701 and placed the price at $0.080. For the next four and half hours, Stellar price dropped suddenly by 2.97% and reached $0.077621. However, the currency couldn’t stay at this low for long and started gaining strength. By 01:51 UTC today, Stellar cryptocurrency was jacked up by 6.14%, and it could reach $0.082385.
Stellar Lumens is trading stably from the past few days, and it also formed a strong upside trendline on the intraday chart. The current value of XLM coin is trending above its 50 days MA ($0.081312) and 20 days MA ($0.081681) by 1.12% and 0.67% respectively. The placement of these figures hints at the continuation of the on-going trend. The next halting point for Stellar crypto may come at $0.086. On the intraday level, investors may witness a few unprecedented price shifts.
Resistance and Support Levels
R1: $0.083, R2: $0.086 and R3: $0.091
S1: $0.075, S2: $0.070 and S3: $0.067