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

Stellar (XLM) Reflects Vulnerability with Intraday Trading
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5

[Image: Stellar-Lumens-Cryptonewsz-1-780x470.jpg]
Yesterday was a day of relief for the Stellar traders, but today, the bearish trend has returned. Well, in this bearish trend, recently, there has been an improvement noted. We believe that selling pressure is finally relieving the market and there is a possibility of positive closing.

Talking about yesterday, Stellar was seen touching a high at $0.062060 and a low at $0.058549. The volume marked on yesterday’s chart was at $163,726,395.

XLM to USD Price Comparison:

The data feed is taken from Bitfinex on October 02, 2019, at 10:22:45 UTC for price analysis.

[Image: TV-XLM-1.png]
Stellar Chart By TradingView

Yesterday, XLM began the day with a fall and the price dropped from $0.062 to $0.060 by 3.04%. The price moved up to $0.061 by 2.96%. Again, XLM fell by 4.19%, which took the price to $0.059. The drop continued and took the price to $0.058 by 3.11%. The intraday booked a heavy loss in XLM of 5.58% and it closed the day at $0.058. Today, the fall stayed and took the currency to $0.057 by 1.43%. Recently, the price recovered and moved to $0.058.

The coin has the potential to come out of a heavy drop within a day. Stellar Lumens is in the continuous process to gain back the popularity. The future of the coin is likely to bring profits and hence investing XLM wouldn’t go futile.

Keeping the volatility in mind, Stellar is recommended for short-term investment. The long-term period might carry risk hence, it is suggested to be ignored.

by Ruti Vora

Possibly Related Threads...
Thread Author Replies Views Last Post
  Stellar Lumen (XLM) Price Could Revisit $0.060 Before Higher crytocure 0 16 Yesterday, 03:11 PM
Last Post: crytocure
  Stellar Lumens Price Analysis - XLM Has Seen a Significant Rise Over the Past Weeks crytocure 0 30 20-10-2019, 01:17 PM
Last Post: crytocure
  Stellar Continues to Struggle; Records a Slump of 4.27% crytocure 0 65 19-10-2019, 11:19 AM
Last Post: crytocure
  Stellar Price Exhibits Downtrend with its Intraday Movement crytocure 0 95 18-10-2019, 12:28 PM
Last Post: crytocure
  Stellar Expected to Fetch a Profitable Intraday Closing crytocure 0 49 17-10-2019, 01:08 PM
Last Post: crytocure
  Bears Attack Stellar (XLM); Price Slips to $0.062 crytocure 0 31 16-10-2019, 12:42 PM
Last Post: crytocure
  Stellar Price Exhibits Improved Price Momentum; Trades Around $0.064 crytocure 0 43 15-10-2019, 01:04 PM
Last Post: crytocure
  Stellar market overview: XLM/USD shoots up by 4.40% as bulls make merry crytocure 0 38 15-10-2019, 03:11 AM
Last Post: crytocure
  Stellar Manages to Pull a 2.61% Increment; Marks Intraday Height at $0.062 crytocure 0 73 14-10-2019, 10:34 AM
Last Post: crytocure
  Stellar (XLM) Price Exhibits Possibility to Escape From Bearish Trend crytocure 0 37 13-10-2019, 11:53 AM
Last Post: crytocure

Users browsing this thread: 1 Guest(s)