Stellar Lumens current price presents investors with the perfect buying opportunity if they want to make a profit in the second quarter of 2019. This is because the price recently lost some of the Bitcoin bull run gains. Some of the gains were accumulated after the Coinbase Stellar airdrop was announced. If you’re a digital asset investor who wants to make a profit from trading stellar Lumens, you should consider buying now. The Stellar Lumens technical analysis on the Stellar Lumens news on Today’s Gazette shows that Stellar Lumens (XLM) is bullish near-term.
Stellar Lumens Current Price – Stellar Airdrop – Stellar Lumens News Today
The first quarter of the year was mostly bullish for cryptocurrencies. Bitcoin was able to successfully cross the resistance at $5000 and turned it into a firm support. The price of Stellar also made progress during the period. Many factors, other than the general market sentiment, contributed in make Stellar bullish. One of them is the Coinbase Stellar airdrop which is being sponsored by the Stellar development foundation. All these have renewed the interest investors have in Stellar Lumens (XLM) as they are now pouring money into the network and accumulating the token.
There are many altcoins out there. However, not all will stand the test of time as only few have real value and use-cases. Stellar Lumens (XLM) is one cryptocurrency that has proven valuable. Created to serve as the native token of the Stellar network, the Lumens token is highly functional. The Stellar network intends to take over the traditional payment system by providing cheap, fast and efficient value transfer services to people. It is a decentralized global financial system and it has more use cases than the leading cryptocurrency per market capitalization, Bitcoin.
Stellar (XLM) Price Today – XLM / USD
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Stellar Lumens Current price has an ascending trajectory and an identical double pattern that is closing already. Today, Stellar is primed to make a bullish crossover to $0.124. This would be a 7.8% rise in price. If it is unable to make rise this much today, it will most likely reach this level later in the week. The Aroon Uptrend, according to the analyst is pointing upwards and crossing highs and lows. The price of Stellar will most likely move across $0.2000 in the second quarter of 2019. Investors know this and this is why they have started accumulating. If you buy now, you will most likely make double digit gains before the end of the second quarter.
Current Price Of Stellar Lumens – Stellar Lumens Current Price
At the time of writing, Stellar (XLM) was trading at $0.117595. This shows that it is up by 2.58% against the USD and up by 0.50% against BTC. The trading volume over a 24 hour period is $238,799,681 and the market capitalization is $2,269,920,959. Many other altcoins are currently trading in red against the USD. So, it’s a big deal that Stellar Lumens (XLM) is among the few that are leading the altcoins and trading in green. Double digit gains may be achieved before the end of trading today considering the Stellar Lumens current price.
What do you think about the Stellar Lumens current price movement and the Stellar Lumens price prediction in the Stellar Lumens news today? Share your thoughts in the comment section.
Max writes about blockchain projects and regulation with a special focus on United States and China. He joined Smarterum after years of writing for various media outlets.
