Stellar News

Stellar (XLM) Exhibits Marginal Decline Over the Last 24 Hours

Stellar Lumens started the year with high expectations. The coin jumped to $0.158 in the second quarter of the year. The upsurge was interrupted by the pullback pressure. Within the second month of the third quarter, XLM coin was spotted, maintaining itself well.

The picture changed completely by the end of the third quarter and beginning of the fourth quarter. The current situation of the coin is miserable. However, there is still some hope of improvement, and the traders are suggested to wait till then.

XLM Price Analysis

Yesterday, the XLM coin started dealing at $0.0508. The currency remained locked at the same level. The price escalated to $0.0515 from $0.0506 by 1.84%. The price of Stellar cryptocurrency fell to $0.0510 by 1.10%. The currency traded again to $0.0516 by 1.18% hike. The closing hours of the day brought the price of XLM coin to $0.0510 by 1.13% fall. The intraday movement exhibited a 0.26% progression in the Stellar price. Today, the coin moved to $0.0510 by a marginal hike of 0.14% in the opening hour. Later, the XLM price fell to $0.050 by 1.18%.

XLM NewsStellar Lumens is popular for its hasty movement in the price chart. The currency is speculated to have a flourishing future. The traders interested in the XLM coin are recommended to opt for the short-term investment option rather than going for the long run.

Resistance Level Price
R1 $0.0526
R2 $0.0538
R3 $0.0553
Support Level Price
S1 $0.0498
S2 $0.0484
S3 $0.0471

Edward Nash

Edward Nash is an editor and analyst with over 10 years of financial market experience. Prior to joining CoinNewsSpan, he worked in several famous financial institutions. He has been active in the cryptocurrency market since 2011, specializing in technical analysis of current crypto trends and offering analytical opinion-based pieces.

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