Stellar price movement was spotted improving in the last couple of days. Today, the XLM coin has again started trading downwards. The traders who have invested in Stellar Lumens in the past must be aware of the movement of the coin. The currency has the potential to recover at a rapid pace.
The traders might come across huge fluctuations in the near-term. If we look at the intraday chart, the coin is reflecting a downfall in the price.
XLM/USD Price Chart
Yesterday, Stellar coin began the day at $0.0460 and then, the price escalated to $0.0461 by a marginal hike. The XLM coin moved to $0.0465 by 1.02%. After that, the price slipped to $0.0461 by 0.92%. The escalation took the price up again but this time till $0.0465 by 0.80%. The uptrend was followed by a fall. There was another upsurge that took XLM price to $0.0470 by 1.50%. The currency slipped to $0.0464 by 1.27%. Further, Stellar closed the day at $0.0459 by 1%. The intraday movement brought 0.33% fall in the price. Today, the currency began the day with a fall. The coin touched $0.0459 by 0.16%.
The intraday trading in Stellar cryptocurrency doesn’t hold much expectation. As per the Trade99’s analysts, traders might have to wait for some time to experience the upsurge again. The XLM coin is currently trading at $0.0459 which is near to the immediate support level at $0.0440. The interested traders are recommended to opt for short-term investment.