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Stellar’s Value Shot Up by 52.01% Over the Last Month
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[Image: Stellar-03.png]
Stellar’s Value Shot Up by 52.01% Over the Last Month

  • Stellar is being traded at $0.073051 after a 52.01% push over the last month
  • The next resting point for XLM coin may come at $0.074787
Stellar Lumens price is currently being traded at $0.073051, and over the last 30 days, it has been increased by 52.01%. There have been a few ups and downs in the price trend over this period. The currency trades with strong upward momentum despite the last week’s fluctuations in the XLM price.

XLM Price Analysis

Stellar crypto was trading at $0.048054 on January 11, and in the next 8 days, the coin could lift its value by a massive hike of 36.92% and get placed at $0.065797. After this steep hike, XLM coin faced price correction, and the price reached $0.054766 by 16.77% fall on January 24. This was the lowest point of Stellar Lumens over the last 30 days. Later, it was followed by a continuous gain that lasted until yesterday. Over these 16 days, XLM price has been beefed up by 34.81% and reached $0.073990 with moderate volatility.

[Image: stellar-lumens-chart.png]

Stellar’s current price is trading above its both the daily moving averages, i.e., 50 days & 20 days. XLM is likely to go with the current bullish trend in the short-term, and its next resistance seems imminent at $0.07478. Investors need to be cautious of sudden changes in the value that may happen in the coming days.

Resistance & Support Levels:

R1: $0.07478, R2: $0.07675 and R3: $0.07911
S1: $0.07046, S2: $0.06810 and S3: $0.06613

by Matthew Diaz

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