Stellar Lumens (XLM) Forum with for newcomers and contributor's rewarded Check here




Bears Attack Stellar (XLM); Price Slips to $0.062
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5

#1
[Image: Stellar-Lumens-Cryptonewsz-10-780x470.jpg]
Bears Attack Stellar (XLM); Price Slips to $0.062
  • Stellar price slips towards the immediate support level

  • The intraday price movement seems to fetch loss
Stellar price takes a steep downward walk with its intraday movement. The crypto market was seen fluctuating from the beginning of the month with moderate volatility. However, presently the momentum was seen improving gradually, and steady growth was anticipated to speed up, but the sudden fall has delayed the same.


XLM to USD Price Analysis:

[Image: TV-XLM-7.png]

Stellar price started trading in August with a heavy fall. The price first fell from $0.0837 to $0.0737 by 11.25%. There was a slight improvement that took it to trade around $0.0802 by 8.52%. Later, unable to hold, the price fell tremendously to $0.068 by 14.69%. The monthly movement in price brought a loss of 25.20%.

In September, the price was initially seen slipping. However, there was an escalation that took it to $0.090 but soon dropped to $0.052 by 42.90%. The month closed with a recovery of 17.60% as the coin closed the month trading at $0.062. The ongoing month has recorded a moderate hike of 7.66% until now, as the trading price counters have changed from $0.062 to $0.066.

Stellar price is expected to improve soon as the coin marked a slight uptrend amidst the fluctuating market. The last few days were slightly disturbing. If we look at the resistance and support levels with respect to the current trading price, the immediate support level is $0.0631, which seems to be achievable. The other calculated support and resistance levels are as follows:

   

There is a strong possibility that the improvement in the price would bring the momentum back in the coin. Thus, we would suggest interested traders to go for short-term investment with Stellar Lumens, which will help them draw huge dividends.






source https://www.cryptonewsz.com/bears-attack...062/46337/
by Ruti Vora
Reply


Messages In This Thread
Bears Attack Stellar (XLM); Price Slips to $0.062 - by crytocure - 16-10-2019, 12:42 PM

Possibly Related Threads...
Thread Author Replies Views Last Post
  Stellar (XLM) Manages to Fetch 1.28% Hike in the Last 24 Hours crytocure 0 24 Yesterday, 09:42 AM
Last Post: crytocure
  Stellar (XLM) Initiates an Uptrend; May Form Another Higher Low crytocure 0 30 05-12-2019, 02:41 PM
Last Post: crytocure
  Stellar (XLM) Falls to Trade at the Previously Formed Support Around $0.055 crytocure 0 37 03-12-2019, 12:11 PM
Last Post: crytocure
  Stellar Kick Starts December on a Bullish Note; Lacks Stability above $0.057 crytocure 0 35 02-12-2019, 03:03 PM
Last Post: crytocure
  Stellar (XLM) Reflects Mild Bullish Vibes; Aims to End Week Above $0.060 crytocure 0 92 30-11-2019, 12:27 PM
Last Post: crytocure
  Stellar (XLM) Witnesses a Volatile Day; Hustles to Resume the Rebound crytocure 0 51 29-11-2019, 12:37 PM
Last Post: crytocure
  Ripple and Stellar Lead List of Worst Performing Crypto Assets Year To Date crytocure 0 58 29-11-2019, 07:07 AM
Last Post: crytocure
  A Tale of Dance between Ripple, Stellar Lumens & Bitcoin crytocure 0 50 28-11-2019, 10:30 AM
Last Post: crytocure
  Swiss crypto exchange SMART VALOR lists Stellar Lumens (XLM) crytocure 0 52 28-11-2019, 10:21 AM
Last Post: crytocure
  Stellar (XLM) Forms a Bearish Trendline After Surging Above $0.061 crytocure 0 44 27-11-2019, 03:03 PM
Last Post: crytocure



Users browsing this thread: 1 Guest(s)