Stellar cryptocurrency was traded at $0.05829900 on November 26, 2019, with a bullish stance. There was a slight dip marked a few days later but XLM coin managed to rise and there was a rise of 8.06% recorded on November 29, 2019. The movement was bullish with Stellar price moving at the same pace and managed to rise by 2.19% to reach $0.05685600 on December 4, 2019. After that, with a 6.32% price drop, XLM price reached 0.05265100 on December 10, 2019. Then, after six days, due to multiple steep falls, the price of Stellar Lumens dropped by 15.66% and reached $0.04268294 which was also the lowest trading price of the last 30 days. The current trend looks like the market pressure is here to stay for some more days.
XLM coin has dropped down by 6.28% as compared to December 22, 2019’s prices. It seems that the bearish trend is going to remain for a few more weeks to come, and the coin may trade to its next support of $0.043.
As per the current movement noticed, Trade99’s analysts recommended to buy XLM coins to gain long-term profits. The performance of Stellar Lumens over the past month has seen the bullish trend prevalent until December 16, 2019. From the said date, the bears are dominating the coin.