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




Stellar Poised at $0.058; Indicates Positive Sign of Improvement
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5

#1
[Image: Stellar-Lumens-Cryptonewsz-2-780x470.jpg]
Stellar Poised at $0.058; Indicates Positive Sign of Improvement

  • Stellar (XLM) stays put at $0.058 despite heavy movement in the market.

  • The stability could be an indication of an upward breakthrough.

Stellar trades in the market with high volume. The recent momentum has surprised its investors as XLM dropped tremendously as the last quarter began with great volatility on the board. However, currently, the coin is spotted adopting stability.

Let’s have a look at the price chart to understand the movement more precisely.


XLM to USD Price Comparison:

The chart is taken from Biftinex as on October 4, 2019, 04:59:49 UTC.

[Image: TV-XLM-2.png]
XLM Chart By TradingView

Stellar price chart is reflecting a fall. Yesterday, the coin started with a downtrend as the price counters switched from $0.060 to $0.058 by 1.94%. However, there was an immediate recovery in the price, which took it to $0.059 marginally by 1.75%. The coin fell once again to $0.0581 by 3.04%. Stellar improved moderately and closed at $0.0589 marking an intraday regression of 2.01%. Today, XLM dropped within the first few hours marginally by 1.38% from $0.0589 to $0.0581.

Stellar was predicted to have a marvelous future. The initial quarters of the ongoing year were pretty good. In the third quarter, XLM was seen holding itself well, but by the end, XLM was caught by the market pressure. Currently Stellar is trading around the price are of $0.058. We are anticipating that XLM will close the year with a decent recovery. Altogether, investing in Stellar wouldn’t go futile.

The coin is ideally suggested for long-term traders, but as per the current scenario, we would recommend to hold the investment and wait for some time.




source https://www.cryptonewsz.com/stellar-pois...ent/45024/
by Ruti Vora
Reply


Possibly Related Threads...
Thread Author Replies Views Last Post
  Stellar (XLM) Releases Horizon 1.0. What makes it a Major Release? Details crytocure 0 246 25-02-2020, 12:13 PM
Last Post: crytocure
  Stellar-Based Ecosystem BRIDGE Releases All-In-One Trading Solution crytocure 0 229 25-02-2020, 12:08 PM
Last Post: crytocure
  Stellar(XLM) Price Rally Toward $3 Predicted by 'Five-Year Ascending Channel': Trader crytocure 0 255 24-02-2020, 02:15 PM
Last Post: crytocure
  Stellar (XLM) Exhibits Bearish Crossover on the Hourly Chart crytocure 0 238 24-02-2020, 11:25 AM
Last Post: crytocure
  Stellar Lumens (XLM) Will work with the United States to make Blockchain Thrive in crytocure 0 218 21-02-2020, 08:10 AM
Last Post: crytocure
  Stellar (XLM) Corrects Down Below $0.070 mark in 7-days crytocure 0 212 20-02-2020, 02:23 PM
Last Post: crytocure
  Stellar Awaits “Golden Crossover” on a Daily Chart; Gains Over 9% crytocure 0 250 19-02-2020, 11:21 AM
Last Post: crytocure
  Stellar joins Blockchain Association for mainstream adoption crytocure 0 233 19-02-2020, 11:03 AM
Last Post: crytocure
  Stellar’s Jed McCaleb Says His XRP Sell-Off Won’t Disrupt Crypto Market crytocure 0 200 19-02-2020, 10:56 AM
Last Post: crytocure
  Stellar (XLM) Registers 17% Hike in the Last 30 Days crytocure 0 264 18-02-2020, 01:58 PM
Last Post: crytocure



Users browsing this thread: 1 Guest(s)