Stellar recently announced the community fund round 1 winner that includes Astograph, StellarGuard and Lumenaut Pool. However, not sure if that will help the Stellar capitalization to improve! But with the entire group of Crytpocurrency heading to the downward motion, we might be seeing a lot of bearish nature in coming days. But, it might shoot up soon enough!

Price Analysis of Stellar on 18th July 2019

The value of Stellar is currently trading at $0.08101 on 18th July 2019. The other essentials are calculated as:

  • Market Ranking: @10
  • Return of Investment: 2656.38%
  • Total supply/Circulating Supply: 105,162,759,272 XLM / 19,604,573,494 XLM
  • 24 Hour Volume: 397,522,078 USD
  • Market Cap Value: 1,607,991,930 USD
  • 7 Day high/low: 0.100108 USD / 0.075820 USD

Comparison

In past 5 days, the highest was seen on 13th July at 16:55 UTC time trading at $0.09563. The value dropped by -14.60% on 15th July at 00:25 UTC time trading at $0.08175. The value dropped further down by -6.39% on 17th July at 02:45 UTC time trading at with the trading value of $0.07653. The value escalated from then by 8.91% at 21:25 UTC time on the same day trading at $0.083352.

Prediction and Conclusion

Stellar appears to proceed with the pattern today also. As yet inclining in the bearish zone! Yet, the time may be soon enough when we will see the XLM flooding back up once more. Be that as it may, it may be hard to state when that can occur.

For now, traders might want to trade under resistance support calculated as:

  • R3: 0.092131
  • R2: 0.087908
  • R1: 0.084267
  • Pivot Point: 0.080044
  • S1:0.076403
  • S2: 0.07218
  • S3: 0.068539

What’s more, with the finish of 2019, we may see the valuation of XLM of drawing closer to $0.02.

Published by Kelly Finley

Kelly Finley is a finance graduate and financial professional. She is also a freelance content writer and writes on topics like finance, cryptocurrencies and stock market. She is also passionate about learning new languages and exploring new things.