Stellar Lumens (XLM) Forum with if you love Stellar Lumens please takeover this forum email =cs@frasindo.com




XLM Price Analysis: Stellar – A Promising Currency Holding Onto Commitments!
  • 1 Vote(s) - 1 Average
  • 1
  • 2
  • 3
  • 4
  • 5

#1
[Image: Stellar-Lumens-Cryptonewsz-14-1.jpg]
Stellar Lumens seems to continue to be one of the promising coins in Cryptocurrency. At least that’s what Exchange Kaiserex thinks! They recently announced 34 trading pairs with Stellar on their platform.

Stellar considers the same as a blessing as switching between XLM and XRP (for instance) will not require the mandate need of passing through Ethereum or Bitcoin, for that matter. This is surely considerable news for the traders who like to balance their portfolios and investment by switching among the currencies now and then.

XLM Price Analysis on 6th June 2019:

XLM/USD YTD Price Chart

[Image: xlm1-2.png]

Considering the data today, the value of Stellar is trading at $0.1226 at 8:23 UTC time, 6th June 2019. The ranking of the coin is positioned at 10. The Market Cap value is $2,364,749,638 followed with 24-hour volume at $372,410,972. The Return on Investment is surely switching the user’s attention to Stellar, calculated at 4010%.

XLM/USD 5 Day Price Chart

[Image: xlm2-3.png]

Stellar for Short Term Investment

5 days data reflects that 3rd June was the highest of the value at $0.1399. The value is dropped by 12%. The lowest was realized on 4th June when the value was trading at $0.1174. The value has increased by 4%. 

However, the fluctuations are quite favoring the short term investment. Traders must keep themselves updated on every second as to which moment to buy or sell!

[Image: xlm3-3.png]

Stellar for Long Term Investment

Same time last year, the value was trading at $0.2938. Comparing the same the market has definitely dropped to -58%. So it might not be really a good option for long term investment unless Stellar announces big fat partnership soon.

XLM Price Prediction and Conclusion:

However, the long term investment might be a real concern for many traders, but the Stellar is definitely improving on its pace. Stellar is running into Bullish market where traders must keep a check on the resistance support.

Traders to note that trading under resistance support between $0.127 and $0.118 will be a safer play for them. 

However, Stellar is hoped to rise up by the end of the year trading may be at $0.5. Till then, bid safe for better fruits.



by Ruti Vora
Reply


Possibly Related Threads...
Thread Author Replies Views Last Post
  Stellar (XLM) Releases Horizon 1.0. What makes it a Major Release? Details crytocure 0 323 25-02-2020, 12:13 PM
Last Post: crytocure
  Stellar-Based Ecosystem BRIDGE Releases All-In-One Trading Solution crytocure 0 301 25-02-2020, 12:08 PM
Last Post: crytocure
  Stellar(XLM) Price Rally Toward $3 Predicted by 'Five-Year Ascending Channel': Trader crytocure 0 322 24-02-2020, 02:15 PM
Last Post: crytocure
  Stellar (XLM) Exhibits Bearish Crossover on the Hourly Chart crytocure 0 308 24-02-2020, 11:25 AM
Last Post: crytocure
  Stellar Lumens (XLM) Will work with the United States to make Blockchain Thrive in crytocure 0 283 21-02-2020, 08:10 AM
Last Post: crytocure
  Stellar (XLM) Corrects Down Below $0.070 mark in 7-days crytocure 0 289 20-02-2020, 02:23 PM
Last Post: crytocure
  Stellar Awaits “Golden Crossover” on a Daily Chart; Gains Over 9% crytocure 0 320 19-02-2020, 11:21 AM
Last Post: crytocure
  Stellar joins Blockchain Association for mainstream adoption crytocure 0 305 19-02-2020, 11:03 AM
Last Post: crytocure
  Stellar’s Jed McCaleb Says His XRP Sell-Off Won’t Disrupt Crypto Market crytocure 0 267 19-02-2020, 10:56 AM
Last Post: crytocure
  Stellar (XLM) Registers 17% Hike in the Last 30 Days crytocure 0 347 18-02-2020, 01:58 PM
Last Post: crytocure



Users browsing this thread: 1 Guest(s)