Stellar is moving down at high speed. If we talk about the entire week, there were days when the currency reflected an astounding uptrend. Well, post the upward movement, the XLM coin slipped and couldn’t hold itself. Stellar is still moving down and is reflecting no hope of an upsurge.
The loyal traders are still hopeful for Stellar (XLM) to bounce back.
Stellar Price Analysis
Yesterday, the day started at $0.069567 and slipped to $0.067000 within the first few hours. Further, there were some recoveries in a day which took the Stellar price to $0.06943 from $0.06771 by 2.53% and later to $0.07012 from $0.06789 by 3.29%. The recovery was followed by a fall which took XLM price back to $0.06763 again by 3.56%.
Towards the end of the day, the price was again spotted recovering. The escalation took the price to $0.06889 from $0.067000 by 2.83%. The day closed with a slight intraday regression of 0.97% at the same level. Today, the day began at $0.068895. The fall brought the Stellar price down to $0.06595 by 4.26%.
In the past, Stellar has given the most promising result to the traders. The currency is counted among the top ten cryptocurrencies in the market. The same gives us hope that the fall in the coin could recover fast then what we expected.
The market cap of XLM is noted as 1,341,489,804 USD. The 24-hour volume is at 174,656,602 USD. The ROI is noted as 2144.58%. There are 20,084,647,943 XLM coins currently circulating in the market.
It is anticipated that Stellar will be trading around $0.090 by the end of 2019. Stellar is mostly recommended for the short-term traders but looking at the current scenario, we would suggest holding and waiting for a consistent upsurge.