Stellar Price Analysis: Stellar (XLM) Continues To Plunge In The Last 30 Days

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eToroX recently partnered with Stellar on different trading pairs against many other crypto assets along with stable coins. Stellar might finally slide out of the downtrend.

Current Statistics of Stellar:

• Return on Investment: 2515.76%
• Total supply/Circulating Supply: 105,222,940,988 XLM/ 19,632,397,508 XLM
• 24 Hour Volume: 77,340,638 USD
• Market Cap: 1,528,124,369 USD
• 7 Day high/low: 0.084321 USD / 0.071869 USD

XLM to USD Price Comparison:

Considering past one-month data, the highest XLM price was seen on 12^th July at 23:30 UTC with the trading value of $0.100064. The value dropped by 23.77% on 17^th July at 12:00 UTC trading at $0.076275. The value was then escalated by 26.98% on 20^th July at 17:00 UTC with the trading value changed to $0.097037.

Stellar price then dropped by 16.12% on 24^th July at 02:00 UTC with the trading value of $0.08139 which was slightly increased by 10.45% by 26^th July at 19:30 UTC trading at $0.08982. The value was then dropped again by 19.9% on 10^th August at 00:00 UTC trading at $0.07195, which is slightly increased by now by 8.93%.

Stellar Price Prediction and Conclusion:

Talking about the XLM coin’s movement, it is as yet fluctuating with a bearish nature. According to our XLM Price Prediction and current price formation, the coin might continue to trade downwards.  However, traders should play a safe game under the resistance and support levels, which are as follows:

Resistance Levels:

• R3: 0.08657
• R2: 0.083152
• R1: 0.080496

Support Levels:

• S1: 0.074422
• S2: 0.071004
• S3: 0.068348