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

Stellar Expected to Fetch a Profitable Intraday Closing
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5

[Image: Stellar-Lumens-Cryptonewsz-780x405.png]
Stellar Expected to Fetch a Profitable Intraday Closing

  • Stellar (XLM) reflects heavy growth in the price

  • Intraday trading seems to reflect positive results

Stellar has taken a distinctive walk in the market. The opening hours reflected a heavy drop in the price, accounting for almost 2.65% fall which seems to be vanished as of now. The current price movement is showing a noticeable speed and we are anticipating a profitable close.

Yesterday, Stellar was seen dealing at a high of $0.064837 and a low of $0.061611. Let’s have a look at the current price chart of XLM coin to understand the momentum precisely.

XLM Price Analysis:

[Image: Stellar-Price-Chart-2.png]

In the month of August, the price started trading at $0.0867. Later, the coin was seen slipping and it went down till $0.0626 by the month-end marking a regression of 25.29%. In September, Stellar kept the downtrend intact which took the price to $0.059 from $0.062 by 5.99%.

Later, the price jumped to $0.090 from $0.059 marking a progression of 53.05%. Later, the price slipped to $0.0525 by 42.63%. The escalation in price took place in the last few days of the month when the price changed from $0.0525 to $0.0623 by 18.70%.

The ongoing month took the Stellar price up after a few bumps in the middle when the counters jumped from $0.0623 to $0.0665 by 7.25%.

The immediate resistance level seems achievable. The price might jump to breach the next level too. The improvement in the price is quite relieving and the future of investment in XLM holds high expectations. The traders would be seen booking high profits in the coming days.


XLM coin is considered volatile in terms of movement. Thus, the recommendation for Stellar is long-term as the short-term is quite dicey as of now.

by Ruti Vora

Possibly Related Threads...
Thread Author Replies Views Last Post
  Stellar (XLM) Releases Horizon 1.0. What makes it a Major Release? Details crytocure 0 228 25-02-2020, 12:13 PM
Last Post: crytocure
  Stellar-Based Ecosystem BRIDGE Releases All-In-One Trading Solution crytocure 0 210 25-02-2020, 12:08 PM
Last Post: crytocure
  Stellar(XLM) Price Rally Toward $3 Predicted by 'Five-Year Ascending Channel': Trader crytocure 0 238 24-02-2020, 02:15 PM
Last Post: crytocure
  Stellar (XLM) Exhibits Bearish Crossover on the Hourly Chart crytocure 0 218 24-02-2020, 11:25 AM
Last Post: crytocure
  Stellar Lumens (XLM) Will work with the United States to make Blockchain Thrive in crytocure 0 200 21-02-2020, 08:10 AM
Last Post: crytocure
  Stellar (XLM) Corrects Down Below $0.070 mark in 7-days crytocure 0 193 20-02-2020, 02:23 PM
Last Post: crytocure
  Stellar Awaits “Golden Crossover” on a Daily Chart; Gains Over 9% crytocure 0 230 19-02-2020, 11:21 AM
Last Post: crytocure
  Stellar joins Blockchain Association for mainstream adoption crytocure 0 213 19-02-2020, 11:03 AM
Last Post: crytocure
  Stellar’s Jed McCaleb Says His XRP Sell-Off Won’t Disrupt Crypto Market crytocure 0 182 19-02-2020, 10:56 AM
Last Post: crytocure
  Stellar (XLM) Registers 17% Hike in the Last 30 Days crytocure 0 245 18-02-2020, 01:58 PM
Last Post: crytocure

Users browsing this thread: 1 Guest(s)