Stellar (XLM) Records a 4.37% Slump; Support is Likely at $0.059

Stellar (XLM) Price Analysis Stellar (XLM) Price Analysis

Stellar Lumens could not be left from the market outrage, and like all other its peers, it has lost 4.37% over the last one day. It has witnessed three price variations, and the price has gone as low as 0.061 USD from 0.063 USD.

Stellar (XLM) Price Analysis:

XLM coin’s first swing happened over the first 9 hours, and it pushed the value to 0.060042 USD from 0.06393 USD by 6.09% price drop. The second variation happened between 09:18 UTC & 15:04 UTC, and in these 5 hours and 46 minutes, Stellar price lost 6.44% to be placed at 0.057081 USD, the lowest for the day. It was followed by a 6.66% hike that added 0.0038 USD and pushed the XLM price to 0.060884 USD by 01:38 UTC, which can be seen from the Stellar price prediction chart.

Stellar Price Chart
XLM Price Chart by TradingView

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Stellar Lumens has witnessed a slight increment over the last 24 hours. On November 21, the market cap was 1.237034 billion USD, whereas it has increased to 1.237335 billion USD in one day.

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XLM coin’s 50 days MA stands at 0.060855 USD, and it’s 100 days average is now at 0.060785 USD. The current price of Stellar at 0.061137 USD is 0.46% and 0.57% more than the 50 days and 100 days moving averages, respectively.

Stellar (XLM) Resistance and Support Levels
1st Resistance $0.06457
2nd Resistance $0.06746
3rd Resistance $0.06922
1st Support $0.05991
2nd Support $0.05815
3rd Support $0.05526