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Stellar Maintains the Growth Pattern with a Mere Hike of 0.81%

  • Stellar grows by 0.81% in last 24 hours
  • Next resistance level may come at 0.063 USD

In the last 24 hours, Stellar has been up by 0.81%  with its value against USD reaching 0.063. It has shown three major price swings over these 24 hours between 0.061 USD and 0.063 USD.

Stellar Price Analysis:

Stellar kicked off the day by trading at 0.062588 USD and over the next 2 hours and 39 minutes, it fell to 0.061703 USD after a 1.41% loss. It was followed by a series of strengths and over the next 15 hours and 14 minutes, it went as high as 0.063941 USD after a 3.63% hike.  The last swing was between 17:54 UTC and 04:44 UTC today, and during the span of 10 hours and 50 minutes, Stellar lost 1.45% or 0.0009 USD to be at 0.063015 USD.

The present market capitalization of Stellar is at 1.264 billion USD and it is down from 1.267 billion USD in the last 24 hours. It should be noted that the market cap of Stellar has shown an increment between October 19 and 20.

Stellar’s 20-day moving average is now at 0.061762 USD while the 50-day moving average lies at 0.062065 USD. The price currently trades at 0.063095 USD and it is 1.65% and 2.15% more when compared to the 50-day average and 20-day average respectively. According to Stellar Lumens forecast, Stellar’s next resistance is likely to come by 0.063769 USD.

Resistance and Support Levels

R1- $0.063769, R2- $0.064291, R3- $0.064906

S1- $0.062632, S2- $0.062017, S3- $0.061495

Aarav Ghosh: Aarav Ghosh is a sub editor and contributor to NameCoinNews who specializes in covering latest stories and headlines of cryptocurrencies and blockchain. Additionally, he also covers latest news related to FinTech industry. He is a firm believer of next big transformation of world economy in terms of digitalization.