X

Stellar (XLM) is trading above baseline to $0.0063

Every trader and user of Stellar Lumens has one question, “When will XLM leave the shadow of the bearish zone?” Let’s see if XLM coin has to offer anything better today.

Stellar Price Analysis & Forecast

XLM price is seen trading at $0.063003 at 09:59 UTC on 3rd September 2019. Now, considering the data from the last five days, Stellar price was primarily seen trading under the baseline. On 29th August at 07:55 UTC, Stellar price was trading at $0.06032. The value then increased by 5.67% on 30th August at 14:40 UTC when the price changed to $0.06374. Many of the traders might have taken an exit at this point by earning a little incentive.

On 31st August, the XLM price has dropped again by 4.29% at 20:45 UTC trading at $0.06101. In the month of September, Stellar was seen escalating in the upward motion. After 31st August, price of Stellar was increased by 5.03% today at 04:00 UTC trading at $0.06408 which is dropped by 1.67% as of now.

It’s been many months since Stellar is trading under bear pressure. At Present, short-term and long-term speculation may disillusion a little starting at now since the drop is steady from a long while now. For traders who are persistently trading XLM coin, the following calculated resistance and support levels may help them avoid any loss as per our Stellar Price Prediction.

Resistance Levels

R3: 0.065667

R2: 0.064586

R1: 0.06391

Support Levels

S1: 0.062153

S2: 0.061072

S3: 0.060396

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.