Stellar News

Stellar Upsurge Brings the Price Back to $0.062 in 7-days

Stellar Lumens started moderate improvement in the middle of the ongoing week. The improvement that started a few days ago is still hanging around. The same has spiked hope among the investors that coin would be seen recovering heftily.

XLM Price Prediction

Stellar price was trading at $0.06115 on January 23, 2020, and then, it started dropping and continued with the same trend for about a day. The counters moved from $0.0611 to $0.0548 by a massive decline of 10.26%. The XLM coin reflected slight improvement as the price counter jumped to $0.05806 by the end of January 24, 2020. The price slipped to $0.0554 by 4.51%. After this drop, Stellar coin began price recovery and it touched $0.05896 by 6.39% hike. On the next day, the price slipped to $0.0575 by 2.40%. Later, the currency improved and touched $0.0605 on the same day.

XLM Price PredictionOn January 27, the coin was spotted trading with moderate volatility. With a slight improvement, the coin traded upside marginally and again slipped to $0.05931 on January 28, 2020. Stellar price touched $0.0616, but it dropped to $0.0595 on the same day. Later, the price improved at the end of the day and kept escalating till it touched $0.0623 on January 29.

As per the MACD indicator, the signal line is about to intersect the MACD line. This could cause a change in trend; thus, the rest of the day might be slightly volatile. Presently, Stellar has violated the immediate resistance level at $0.0616. If the trend reverses, the coin will find immediate support at $0.0590.

R1: $0.061658, R2: $0.063014 and R3: $0.064263

S1: $ 0.059053, S2: $0.057804 and S3: $0.056448

Thomas Gillard

Thomas is news editor at CoinNewsSpan. He has worked as a sub editor for leading newspapers and magazines. He is responsible for streamlining the news that would go live on the site. He single handedly executes different editorial decisions that are taken from time to time. His primary focus areas include Ethereum and Ripple and crypto mining.

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