X

Stellar Follows the Market Condition; Loses 4.16% in One Day

  • Stellar loses 4.16% over the last 24 hours.
  • The next resistance for XLM may come at 0.064 USD.

Stellar has been down by 4.16% over the last 24 hours, and the current trading value is as low as 0.061 USD. The range of the price swings has been between 0.064357 USD and 0.060509 USD.

Stellar Price Analysis

Stellar opened the day at 0.063948 USD, and the first swing started at 0.064357 USD. Over the next 10 hours and 44 minutes, it lost 0.003848 USD to touch 0.060509 USD. It was followed by a hike of 2.67%, and it added 0.001616 USD and pushed the value to 0.062125 USD. Later the value took a shift to lose 0.001154 USD, and it took the overall value to 0.060971 USD by 03:07 UTC.

Since October 14, the market cap of Stellar has been on a downward slope. Over the last 24 hours, the market cap has moved from 1.25 billion USD to 1.245 billion USD.

Stellar’s 20-day average and 50-day average are now at 0.060848 USD and 0.061914 USD, respectively. The current price trend is now at 0.061286 USD, and it 0.71% more than the 20-day average and 1.01% less than the 50-day average. As per our XLM Predictions, Stellar’s next halt may come at the resistance of 0.064 USD.

Resistance and Support Levels-

R1- $0.064288333, R2- $0.066175667, R3- $ 0.067514333

S1- $0.061062333, S2-$0.059723667, S3- $0.057836333

Vivaan Shah: Vivaan Shah is a professional Forex and Cryptocurrency Market Analyst with a background in Finance. He has worked in several foremost publications before getting into NameCoinNews. He has been involved in the cryptocurrency for years. He loves to spend his free time in recording podcasts for crypto beginners. He also enjoys to explore cryptocurrency products.