Stellar price movement has astounded the intraday traders. The recovery spree in the currency is likely to bring a big change in the momentum. The second quarter is speculated to correct the last quarter’s failures. Previously, Stellar was among the few currencies in the market that was suffering largely. Well, things have changed now.
Stellar (XLM) Forecast
Over the last almost 2 weeks, XLM/USD price continued to trade, stably around $0.040. Yesterday, the currency started dealing at $0.0419 and remained to hover around the same level till 03:00 UTC. Then, the XLM coin price dropped in the following hours to $0.0414 at 04:28 UTC. Later, the coin improved the momentum, and the price reached $0.0420 at 09:27 UTC.
Thereafter, the Stellar currency spotted, marking a tight hold with spikes at $0.0423. At 17:22 UTC, the improvement in the coin started and remained intact until the closing hour. The price moved from $0.0415 to $0.04357 by 4.73% hike. The intraday movement in the XLM coin brought a 3.76% progression.
Today, Stellar Lumens began with a steep upsurge. The price counters moved from $0.0435 to $0.0444 by 1.91%. Then, the price slipped to $0.0439 by 1.06%, but recently, it took an amazing jump and breached $0.0463. As per the MACD indicator, the MACD line has overlapped the signal line and thus created a bullish crossover. The XLM price is currently at $0.0460 and has breached the major resistance level. Intraday trading is likely to bring colossal profit to the investors.