Stellar was priced at $0.059337 on September 07, 2019 at 00:45 UTC and post the said date, the XLM coin managed to gradually rise upwards and reached to $0.061821 on September 08, 2019 at 06:20 UTC. Since it was unable to maintain its efficiency at this level XLM price started to decline rapidly, and despite the few rises, price of the Stellar Lumens continued to fall. While writing, the trend for the Stellar price remained a bearish one.
Stellar (XLM) Eyes Recovery Toward Resistance
XLM has rose as high as $0.061821 on September 08, 2019 and if we compare the price of the coin since then, it is presently reflecting a downward trend by 6%.
We anticipate that Stellar price may manage to rise marginally and can reach its next resistance level $0.058 by tomorrow. It may continue to be traded in the range of its significant resistance and support levels, which are $0.062 and $0.055 respectively in the coming few weeks.
Stellar can be purchased today as per current trend and past data to get short-term gains from trading. XLM coin will be traded today in the range of $0.057810 and $0.059094. According to XLM predictions, Stellar price may reach as high as its 30-Day high value of $0.074 by the end of this year. If the price of the coin continues to fall further, the next major support level values may be seen at $0.055519 and $0.054207 respectively.
