XLM coin has shown a marginal improvement over the last 24 hours. It has been up by a marginal 0.39% in this period. Though it seems minor change, it is a good start in a sluggish market. Stellar cryptocurrency currently trades at 0.044579 USD, and it has been through three price variations on the last day.
Stellar Price Analysis
XLM’s first major price swing started at the very opening of the day, and over the next 5 hours, it lost 0.77% to get placed at 0.044063 USD. At 05:07 UTC, it started gaining strength, and a price recovery of 3.35% helped it to add 0.001475 USD and pushed the Stellar price to 0.045538 USD by 19:34 UTC. However, XLM coin could not sustain the value at this high for long. It went on losing 0.001 USD and pushed the price to 0.044522 USD by 02:36 UTC today.
The market cap of Stellar Lumens has reversed the trend of value against USD. On December 26, it was at 904.483 million USD, and over the last 24 hours, it has been down to 898.744 million USD. XLM has not been able to touch 1 billion USD market in market cap since December 15.
Stellar’s 20 days MA stands at 0.044606 USD, and it’s 50 days MA is now at 0.04458 USD. The current price roams around 0.044579 USD, which is 0.002% and 0.06% less than the 50 days MA and 20 days MA respectively. The next few days may see the continued struggle. However, the next halt is likely to come at 0.04603 USD.
|Stellar (XLM)||Resistance and Support Levels|