Like many of its peers, Stellar crypto also has been able to go with the bullish trend over the last 24 hours. A certain degree of price correction happened in the initial hours of yesterday; however, it was soon covered up by the upward moves. It is currently traded at $0.060573.
Stellar Price Analysis
XLM price was at $0.058453 at the starting of the day, and over the next 9 hours, it witnessed a price correction to the extent of 1.58%. The price against USD has fallen to $0.057528 by 09:14 UTC. It was followed by a 5.14% increment in the value that added $0.002955 and helped Stellar coin to touch $0.060499 by 17:27 UTC. The last variation happened between 17:59 & 01:36 UTC today. In these seven and half hours, XLM coin gathered momentum and added $0.001553 and placed itself at $0.060941.
Stellar’s current price at $0.060573 is trending above its 50 days MA (0.060566 USD). However, it is yet to catch up its 20 days MA (0.060746 USD). As per Trade99’s analysts, XLM price may soon see the face of its next resistance at $0.061538. However, a few ups and downs may happen on the intraday trade that may affect the investors.