Stellar Price Analysis: Stellar (XLM) Price Has Dropped By Half Since Last Two Months

Has the new look and launch of stellar.org bought any smiles for the investors? Well, it is hard to decide on that since Stellar has been trading with a downward movement from quite some time now. However, we might be able to see some growth in the price of XLM.

Current Statistics of Stellar:

XLM price is trading right now at $0.07044 at 02:03 UTC on 19^th August 2019. The value might drop a little more today! Mentioned below are other essentials factors of Stellar:

• Return on Investment: 2279.39%
• Total supply/Circulating Supply: 105,243,009,213 XLM/ 19,633,542,514 XLM
• 24 Hour Volume: 67,589,123 USD
• Market Cap: 1,390,117,161 USD
• 90 Day high/low: 0.143193 USD / 0.066479 USD

XLM to USD Price Comparison:

Stellar Price Chart by TradingView

In the last three months, Stellar price has been a part of a constant drop. On 30^th May at 13:00 UTC, the value was seen trading at the highest touch down of $0.14368 which was constantly dropped to $0.076132, which was a drop of 47.01% on 17^th July at 11:00 UTC. XLM price slightly increased from then by 28% on 20^th July at 15:00 UTC with the trading value of $0.097328. The value from then is now dropped by 27.27% as of now.

Stellar Price Prediction and Conclusion:

Persistence is the way to appreciate the profits with Stellar! Currently, XLM coin is trading with a bearish nature. In any case, this may be a decent time for Stellar to welcome an ever-increasing number of new traders in the system. Till then, for safer trading, following resistance and support levels may help:

Resistance Levels:

R3: $0.076158

R2: $0.073831

R1: $0.072308

Support Levels:

S1: $0.068458

S2: $0.066131

S3: $0.064608