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

Stellar Price Analysis: XLM Maintaining An Equilibrium Momentum Between The Bearish
  • 1 Vote(s) - 3 Average
  • 1
  • 2
  • 3
  • 4
  • 5

[Image: Stellar-Lumens-Cryptonewsz-07-1.jpg]
Stellar Price Analysis: XLM Maintaining An Equilibrium Momentum Between The Bearish And Bullish Trend

As per the rumors and recent tweets, it seems that the partnership between Stellar and IBM might be in the trial as of now. This situation of jeopardy is what is talked about at every platform on social media. Stanley Yong, the CTO of IBM, has recently submitted his papers and is no longer a part of the team.

Yong was one of the strongest leads of IBM, which was centralized with digital bank currencies as well. With such a loss in the firm, the partnership between XLM/IBM will fade away in no time.

Let’s see if such news has affected the value of XLM or not.

Price Analysis of Stellar Lumens on 18th June 2019:

At the time of penning down, Stellar is trading at $0.1272 at 06:58 UTC time on 18th June 2019. The remaining essentials are as follows:

[Image: stellar-1.png]

XLM to USD Price Comparison:

Around this time last month, Stellar was trading with good numbers. On 19th May, the coin was trading at $0.1447. The value now has dropped by 12%. The lowest was seen on 9thJune, when the value was trading at $0.1168. The value now has increased by 8.9% from the lowest.

However, the fluctuations are realized in every 3-7 minutes, which might be a good trend for short-term investors and speculators. Since the beginning of the year, Stellar value has positive fluctuations. So, one can consider 
sizeable long-term investments as well.

Stellar Price Prediction and Conclusion:

Stellar as of now seems to have neither a specified bearish trend nor a bullish trend. For now, it is better to analyze the state as it might reach to the highest as well as the lowest when the price of XLM takes a directional momentum. The considerable resistance level and support level can be considered between $0.133 and $0.120 respectively for a safer bid.

It’s difficult to say right now if the value will touch down $0.25 real soon or not. But, it is predicted that XLM may trade around $0.3 to $0.5 by the end of 2019.

by Ruti Vora

Possibly Related Threads...
Thread Author Replies Views Last Post
  Stellar Manages to Pull a 2.61% Increment; Marks Intraday Height at $0.062 crytocure 0 3 18 minutes ago
Last Post: crytocure
  Stellar (XLM) Price Exhibits Possibility to Escape From Bearish Trend crytocure 0 14 Yesterday, 11:53 AM
Last Post: crytocure
  Stellar (XLM) Trades with Moderate Volatility; Hovers Around $0.061 crytocure 0 12 12-10-2019, 03:15 PM
Last Post: crytocure
  Stellar Bring the Bears Back; Got Mauled by 2.67% crytocure 0 16 11-10-2019, 11:39 AM
Last Post: crytocure
  Tron, Stellar Are Founding Members of Blockchain Education Alliance crytocure 0 16 11-10-2019, 02:22 AM
Last Post: crytocure
  Stellar’s Latest Hike Surpasses $0.062 Target crytocure 0 17 10-10-2019, 10:28 AM
Last Post: crytocure
  Stellar (XLM) Escapes from Bearish Trend Amid Extreme Volatility crytocure 0 21 09-10-2019, 04:23 PM
Last Post: crytocure
  Stellar Gains 8.82%; Resistance May Come at $0.064 crytocure 0 25 08-10-2019, 09:40 AM
Last Post: crytocure
  Stellar (XLM) Records 3% Dip Moving From $0.060 to $0.058 in 30 Days crytocure 0 32 05-10-2019, 03:17 PM
Last Post: crytocure
  Stellar Poised at $0.058; Indicates Positive Sign of Improvement crytocure 0 49 04-10-2019, 03:39 PM
Last Post: crytocure

Users browsing this thread: 1 Guest(s)