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Stellar (XLM) Exhibits Marginal Improvement Around $0.055

byRitu Lavania
December 5, 2019
in Cryptocurrency News

The Stellar price movement has always remained hasty. However, in recent days, XLM price is spotted trading around $0.055 mark. The currency is speculated to grow in the near-term as a slight recovery is spotted in the last 24 hours. If the uptrend stays with the coin for a long time, then there is a chance of an early recovery in Stellar. Yesterday, the price was spotted as high as $0.056422 and as low as $0.054416.

Stellar (XLM) Shows Mixed Movements

xlm chart movements

 

Yesterday, Stellar started dealing at $0.05516. The first few hours took the price to $0.05448 by 1.24%. The fall was continued to $0.05439 by 0.13%. After that, the XLM price escalated to $0.05533 by 1.75%. The price jumped to $0.05657 by 2.23%. The uptrend in the coin took the Stellar price to $0.05684 by 0.50%. Later, the price dropped to $0.05469 by 3.78%. The coin closed the day with a slight recovery of 0.50% at $0.054. The intraday movement of the coin reflected a regression of 0.78%. Today, the Stellar price is exhibiting a slight improvement of 0.80%. The price counter is shifted to $0.05484.

XLM coin is speculated to give great results in the coming days. The traders can dig-in with a high prospect to earn a colossal profit in the future. Currently, Stellar Lumens’ price is dealing above the immediate support level and might jump to the immediate resistance level at $0.0564 by Stellar Forecast.

Resistance Level Price
R1 $0.056422
R2 $0.057425
R3 $0.058428
Support Level Price
S1 $0.054416
S2 $0.053413
S3 $0.05241
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Ritu Lavania

Ritu Lavania

Ritu Lavania is a versatile Web3 content creator with over three years of experience in the crypto space. She specializes in creating engaging and impactful content for diverse audiences. Her skill set includes research, creative writing, SEO, and cross-functional collaboration. She supports animal and education causes . She enjoys writing poetry and interpreting abstract art!

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