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Stellar (XLM) Exhibits a Fall With its Intraday Price Movement
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[Image: Stellar-Lumens-Cryptonewsz-12-780x405.jpg]
The total market cap of the crypto market has ticked $26 billion once again. The ongoing market trend has helped many altcoins to recover and close the day with a positive number. Unlikely, Stellar started the day with a fall but is expected to close the trading duration on a good note. The coin was seen fluctuating during the opening the hours of the day but now seems to be in a recovering mode.


Stellar Price Analysis

If we look at yesterday’s price movement of Stellar, it touched a high at $0.0589 and a low at $0.055136. Also, Stellar was seen standing at a volume of $100,813,826. Today, we can observe that the Stellar has taken a steep drop. XLM price slipped from $0.058 to $0.057 by 1.52%. Further, it escalated to recover the fall as the price counters changed from $0.057 to $0.058 by 1.90%. Towards the second half of the day, Stellar again dribbled in the latter range from $0.058 to $0.057 by 1.27%. Today, in the initial hours there was an escalation in XLM which lifted the price from $0.057 to $0.058 by 0.76%. In the later hours, the XLM coin marked a drop of 0.94% from $0.058 to $0.057. Also, as noticed the price has been continuously moving in the range of $0.057 to $0.058 with not more than 2% change observed in its intraday movement. 


XLM to USD Price Chart

[Image: Stellar-price-chart.png]
Stellar Price Chart by TradingView

Stellar price is dealing with the bears from quite a long time now. The ongoing month hasn’t been a successful one until now. However, we are still hopeful that XLM would embark the momentum once again, as justified by its position amongst the top 15 coins of the global market. Stellar has many a times reflected a notable potential. For now, the investors should hold their investments and wait for the coin to reflect an upward movement. 





by Ruti Vora
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