Stellar price movement exhibits heavy improvement since yesterday. The currency was spotted trading downwards from the last couple of days. The upsurge was awaited by the traders. In the previous 7-days, XLM coin was spotted moving above the 30-days high at $0.0656.
The coming days are likely to bring the flourishing return to the traders. The market cap of Stellar Lumens is at $1,258,858,250.
XLM Price Analysis
Yesterday, XLM coin started dealing at $0.06015, and then in an hour, the price slipped to $0.05946 by 1.14%. Further, the Stellar price improved and touched $0.0647 by a huge hike of 8.88%. Then, again the price dropped and recovered back to $0.06485 by 2.04%. After this recovery, the currency price slipped again and touched $0.06229. After this drop, the price improved and touched $0.0640 by 2.82% hike.
Then, the price of Stellar Lumens slipped to $0.0615 by a heavy price drop of 4.25%. Later, in the next 2 hours, the coin price improved to $0.0647 by 5.16%. The pullback pressure brought the XLM price to $0.063 by 2.74%. The closing hours brought the coin to $0.062 mark. The intraday movement of Stellar reflected a 4.25% improvement in the price.
Today, Stellar started with a marginal price drop. The counters moved from $0.0626 to $0.0620. Then, the price improved immediately and touched $0.0636. Recently, the Stellar price touched $0.0636 with moderate ups and downs in the price. The price seems to be near the immediate resistance level at $0.0646. The currency can anytime breach the same. We would recommend Stellar to the short-term traders.
| Resistance Level | Price |
| R1 | $0.064646 |
| R2 | $0.067247 |
| R3 | $0.069855 |
| Support Level | Price |
| S1 | $0.059437 |
| S2 | $0.056829 |
| S3 | $0.054228 |
