Stellar Price Analysis: Stellar may Rise to $0.100 in the Coming Week

This content has been archived. It may no longer be relevant.

• Stellar explores avenues to seek regulatory support on blockchain
• Stellar’s XLM may rise to $0.095 by the next week

Stellar started this month on a good note like many other cryptos and started declining towards the mid. The coin has not been able to gain full strength to push above $0.100 yet but may do that very soon as it starts rising in the next week. The firm has been exploring options to seek policymakers’ support on the development of blockchain, and this may start a new wave of trust among users. The current market statistics also reflect that XLM may show rising trends from next week onwards.

SDF's CEO @DenelleDixon recently met with important policymakers, regulators, and non-governmental organizations in Washington, DC to discuss how informed policy benefits the #blockchain ecosystem.

These were the key takeaways:https://t.co/V95P1trrPP

— Stellar (@StellarOrg) July 25, 2019

Stellar Price Statistics:

In the last one month, XLM token has only moved downwards and recorded a dip of 26% dropping from $0.116 to its current value at $0.085 as on July 26, 2019, at 08:00:13 UTC. The coin started the month of July trading at $0.106 and moved around this value till July 10 post which it started dropping steeply and reached as low as $0.077. XLM has recovered since then but still moving below $0.090.

• The XLM price token is noted to be $0.085 and 0.00000865 BTC
• The market cap of the coin has reached $1,686,337,300
• The 24 h volume is now $127,101,677
• The ROI of the coin is 2,744.99%
• The circulating supply has reached 19,616,918,413 XLM

The highest recorded value of XLM yesterday was $0.087, and the day closed at $0.085. The coin gained some momentum today but now back to trade around $0.085. This may change soon as XLM starts surging ahead.

Stellar Price Prediction:

According to Stellar Forecast, XLM is expected to cross the $0.120 mark in the first two weeks of the next month. The coin has already started marching towards rising trends, and it may take lesser time for it to regain full force to jump above $0.100. Stellar Lumens may also start trading at $0.150 in the next three months and close this year trading at or above $0.2.

Conclusion:

This is a good time to plan long-term investments in XLM token as the prices are going to shoot up soon. For short term gains, bulk investments can do the wonder.