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Stellar has Comfortably Breached $0.082 After 10.67% Push Overnight

  • Stellar has crossed $0.082 after 10.67% hype in the last 24 hours
  • Investors may soon find the price at $0.086637 as its next resistance point

XLM coin has followed the market trend, and the bullish push has added an overall 10.67% in the value over the last 24 hours. The current price of Stellar rests around $0.08223. If the current momentum remains intact, it may cross its key resistance $0.086 in the upcoming hours.

Stellar Price Analysis

XLM price was at $0.074299 at the starting of the day, and by 10:56 UTC, it was elevated by 7.67% that added $0.005701 and placed the price at $0.080. For the next four and half hours, Stellar price dropped suddenly by 2.97% and reached $0.077621. However, the currency couldn’t stay at this low for long and started gaining strength. By 01:51 UTC today, Stellar cryptocurrency was jacked up by 6.14%, and it could reach $0.082385.

XLM/USD Chart by TradingView

Stellar Lumens is trading stably from the past few days, and it also formed a strong upside trendline on the intraday chart. The current value of XLM coin is trending above its 50 days MA ($0.081312) and 20 days MA ($0.081681) by 1.12% and 0.67% respectively. The placement of these figures hints at the continuation of the on-going trend. As per our XLM Price Prediction, Stellar crypto’s next halting point may come at $0.086. On the intraday level, investors may witness a few unprecedented price shifts.

Resistance and Support Levels

R1: $0.083, R2: $0.086 and R3: $0.091

S1: $0.075, S2: $0.070 and S3: $0.067

Sara Gillard: Sara Gillard is media focused research analyst and strategist with a background in blockchain technology and cryptocurrencies. She contributes latest news and insights into digital economy at a global level. She holds investments in BTC and several altcoins. She is optimistic about potential of cryptocurrencies. In her free time, she enjoys running and aerobics.