$0.05558 -0.78%
XLM · 21w

Stellar Lumen (XLM) Price Turned Sell On Rallies Below $0.1000

Sellar Lumens News Today – Yesterday, the entire cryptocurrency market started moving higher after taking a serious hit due to regulatory concerns. While the entire market started to recover, the Stellar Lumens price remained stable. It wasn’t until during mid-trading yesterday that the price of Stellar Lumens XLM started to recover against the USD. It was finally able to break out of consolidation and join Bitcoin’s price pump. Unfortunately, it didn’t last and the price of Stellar Lumens XLM quickly fell back to the red zone as we had predicted in our previous Stellar Lumens news. What’s next for Stellar Lumens XLM? Is Stellar Lumens Dead?

Stellar Lumens News Today – Stellar Lumens Price Prediction 2019 – Stellar Lumens Price Analysis – XLM Price Prediction

The fact that the price of Stellar Lumens XLM isn’t significantly affected by the price action of Bitcoin is a good and a bad thing. For one thing, it shows that Bitcoin’s dominance against Stellar Lumens has dropped significantly. On the other hand, it means Stellar Lumens will not benefit from the price spikes Bitcoin gives the rest of the cryptocurrency market from time to time. While these short-term spikes may be seen as volatility, they are important because they help promote adoption of tokens by boosting popularity.

Stellar (XLM) Price Today – XLM / USD

Name Price 24H (%) Bitcoin (BTC) $10,902.00 -8.18% Stellar (XLM) $0.093564 -4.71%

Yesterday night, however, the Stellar community was satisfied when the price of Stellar Lumens XLM moved by 11% within a few hours rising as high as $0.100. While this is still significantly lower than the price of Stellar Lumens XLM in May when it sold as high as $0.164, it was a good recovery. While the price recovery was encouraging, it didn’t last long. Before long, the price of Stellar Lumens XLM fell back to the $0.97 level from where it has declined continuously throughout the day.

Right now, there is a strong support at the $0....

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