Stellar [XLM] registered a four-day consolidation and is recording major fluctuations in the prices. XLM is under an undue pressure of a downtrend for the past few days and shows no promise of recovery. Buyers are rejecting lower prices and the Stellar is consolidating along 20 cents.
XLM is currently trading at $0.204 and has dipped by 0.54% in the past 24 hours. It is trading with a market cap of $3 million and has a trade volume of $3 million. The key support level is found at $198 but the coin shows signs of sinking further and testing the previous support level of $180. The 200 EMA line displays a continuing downtrend.
One XLM is currently equal to 0.0000214BTC. The price has dipped against BTC by 0.59%.
Stellar[XLM] Price prediction 2018
In the months of May and June, Altcoin Forecast predicts that XLM will gain about 35% against a Bitcoin. Compared to its current value of 0.00002935 Satoshi’s, this forecast service expects the price to reach as high as 0.00004664 Satoshis. Altcoin Forecast also includes a short-term prediction as well, expressing a predicted short-term gain of about 10% from its current price.
The price forecast at Investing Haven is very optimistic, predicting that Stellar could be worth $4 this year. Monetize, believes that Stellar’s major partnerships will be the reason behind an upcoming price surge, which the forecaster says will result in XLM’s price reaching $2-$3.
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