Stellar News

Stellar (XLM) to Remain Bullish; Next Resistance to Look For $0.061720


Stellar was priced at $0.059399 on September 26, 2019, post which there were a few falls. On the same day, the XLM coin managed to rise to the highest trading price of $0.061941. It was unable to maintain its performance; the coin was being traded as low as $0.053835 on the same day. From the latter part of the day until yesterday, the price movement of Stellar did not reflect any drastic fall or rise as such. The coin seems to have bounced back and now is reflecting an upward rise.

Stellar Price Chart

Stellar Price Analysis:

XLM coin is trading with upward momentum and it indicates an uptrend to the tune of 14.63% as compared to the price of September 26, 2019. We anticipate that the price of Stellar may continue to rise marginally and can surge soon.

We suggest selling XLM coins today as per its current trend. XLM price would be in the range of $0.060503 and $0.062255 today. Chaikin Money Flow indicator also points out that XLM is reflecting an upward trend. It would be advisable to trade in the coin from a long-term vision as it can reach as high as its major resistance $0.076600.

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