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Stellar (XLM) Drops to $0.058 After Heavy Fall in the Market
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[Image: Stellar-Lumens-Cryptonewsz-3-780x405.png]
Stellar Lumens has shown great potential over time. A few days ago, it was making above 10% intraday profit. We are quite positive that it might revive in a short time. Well, the current scenario of the market is not impressive. Stellar also seems to remain at the lower level. The day is also not expected to bring any recovery.

Stellar Price Analysis

Yesterday, XLM coin started the day at $0.05881. Stellar began with a drop of 1.03%. The counters moved from $0.0589 to $0.0584. Then, it continued the same downward movement and dropped from $0.05897 to $0.05746 by 2.57%. After that, the XLM price immediately surged to $0.05948 by 3.52%. The currency again dropped and touched $0.05801 by 2.47%. The intraday fall in the price was about 0.31% as it closed the day at $0.058. Today, Stellar started the day with a marginal drop of 0.99%. XLM price slipped from $0.05863 to $0.05805.

[Image: XLM-price-chart-2.png]

The market seems to have a rocky ending of the quarter. The cryptocurrency market would enter the last quarter of the year with a lot of hope. Stellar is also expected to take the high road during the same period. Talking about today’s statistics, the market cap of XLM coin is at $1,169,389,259. The 24-hour volume is at $198,024,027. The circulating supply is at 20,105,093,542 XLM.

By the end of 2019, Stellar price is expected to reach around its 30-day high $0.087. Well, looking at the present condition, we would recommend the traders to hold on to their investment and wait for an upsurge.

by Ruti Vora

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