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Stellar (XLM) Lost Almost 2.7% Value Over the Last 24 Hours
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[Image: Stellar-Lumens-1.jpg.webp]
Stellar Lumens registers moderate downside momentum over the last 24 hours. The traders of the coin were eyeing on a substantial improvement as the same was spotted between January 6 & 7. The trend took a reverse turn, and the XLM price started dropping terribly.

Today, Stellar coin has marked a moderate plunge of 2.69% compared to yesterday’s opening price. The improvement looks farfetched. The entire market is suffering due to the pressure, which is likely to be lifted in some time.

Stellar Price Analysis

[Image: TV-XLM-1.png.webp]

Yesterday, XLM coin began dealing at $0.04733 and then, it escalated to $0.048199 by 1.83%. The currency slipped to $0.047006 by 2.51%. Later, the price escalated to $0.04784 by 1.77% hike. The closing hours again created a pullback pressure and brought Stellar price to $0.04719 by 1.35%. The intraday movement in XLM coin reflected a marginal loss of 0.31%. Today, the coin price dropped to $0.04618 during an opening hour. The coin tried to lock its price around $0.0461 for a while, but further, it slipped again to $0.0455 by 1.24%. Recently, the price improved and touched $0.0460 by 1.05%.

Stellar price is currently dealing at $0.046054. As per the current trend, it seems to be breaching the immediate support level at $0.0450 at any time.


by Edward Nash 

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