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Stellar Price Analysis: Stellar (XLM) Embarks Recovery On The Chart
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[Image: Stellar-Lumens-Cryptonewsz-09-2.jpg]
Stellar (XLM) price on the chart is behaving contrary to the other and the market. The token opened with a downtrend is now moving up on the chart. The coin has embarked a distinctive momentum. The same is attracting many traders in the market. Stellar coin is expected to keep it the same for the quite some time.

The counters of yesterday are telling a unique story. The coin recovered volume as USD 257,679,688. Yesterday, the coin touched a high at USD 0.096291 and a low at USD 0.086013. We are expecting that the coin will break all yesterday’s counters.

Current Statistics of Stellar:

The price analysis Stellar coin is done with the help of Trading View chart, which is taken on 15th July 2019 at 04:38:45 UTC.

[Image: TV-XLM-5.png]
Stellar Price Chart by TradingView

Looking at yesterday’s chart, the coin opened at $0.094. The currency slipped to $0.085 by 9.79%. This was the biggest drop of the day. However, the coin tried to recover on the chart by climbing up to $0.089 from $0.085. The escalation was of 4.55%. Later, the coin dropped again. The coin closed at $0.084. The intraday loss was of 10.49%. Today, the coin opened with a fall from $0.089 to $0.081. The drop recorded is of 3.91%. We are now witnessing a recovery in price. The coin has escalated from $0.082 to $0.086. The hike recorded is of 5.10%.

   

Stellar Price Prediction and Conclusion:

The market is currently hitting the surfaces. The upsurge in XLM coin price is expected to take some time. Stellar price is, however, not bound for the rest of the coin to rise. The currency has recently started a different momentum. The same is taking the price of the coin up during the heavy drop in crypto marked.

The short-term prospects of investment are speculated to be more effective than the long term.




by Ruti Vora
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