Stellar Price Analysis: Stellar (XLM) price walks on the recovery path; Price climbs to $0.078

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The first seven days have passed, and the overall momentum of the coins is quite impressive. There were few bumps on the road, but overall the time gives indications of a better future. Well, the time was not similar for Stellar. Where many coins reflected recovery, XLM was falling. The momentum of the coin was also dropping at high speed.

Apparently, the storm has passed. The XLM coin has once again started to reflect a positive sign in the crypto market.

XLM to USD Price Comparison:

The chart is taken from TradingView on 08^th August 2019 at 05:19:37 UTC.

Looking at the Stellar price chart, we can observe a downtrend and later recovery. Yesterday, the XLM coin opened with an upsurge. The price counters changed from $0.07857 to $0.07924 by 0.86%. There was another escalation which took the price to $0.07948 from $0.07832 by 1.49%. There was a major drop in price, and the coin slipped from $0.07934 to $0.07718 by 2.73%. The coin closed at $0.078 with a fall of 0.46% from the opening price. Today, the coin opened at $0.07820. Later, the coin escalated from $0.07774 to $0.07870 by 1.23%.

Current Statistics of Stellar:

Stellar Price Prediction and Conclusion:

XLM price was at a perfect momentum during the beginning of the month. The same couldn’t stay stable for the rest of the days. However, we were quite hopeful for the coin.

We are quite certain that the future would bring a good result. According to our XLM Predictions, the coin is anticipated to touch USD 0.2 by the end of 2019. The long-term investment would bring huge returns for the coin.