Stellar was priced as high as $0.07159 on November 1, 2019, with the trend being an upward one. Despite the few falls, it was being traded at $0.07136. XLM coin was unable to maintain its efficiency and there was a drop of almost 4% on the same day. From November 2, 2019, the movement for the coin was bullish, with XLM price being traded at the highest level of $0.07229. There have been several sharp falls since yesterday and currently, Stellar Lumens indicates a bearish trend.
XLM Eyes $0.067 Support Amid Bearish Pressure
XLM coin is indicating a downtrend now by 6.19% as compared to the price rise of November 3, 2019. The same movement may continue with the price falling marginally to its next support level, $0.067.
We strongly suggest purchasing the new coins as per the current trend noticed. If the current trend persists, then it may trade around its crucial support of $0.065. In the past four days, Stellar price has witnessed several ups and downs with major control by the bears. As per our Stellar price prediction expert, on the upside, the XLM coin may face the next resistance around $0.071.
Resistance & Support Levels
R1: $0.07128, R2: $0.07347 and R3: $0.07507
S1: $0.06749, S2: $0.06589 and S3: $0.06370
