The past couple of days has been bearish for the entire digital currency market. The price of Stellar Lumens, Bitcoin (BTC), XRP, Litecoin (LTC), and all the top digital currencies in the market plunged deeply. Almost all the top digital currencies in the market tested new weekly low, after testing new yearly highs earlier this month. The bullish Stellar Lumens price prediction 2019 wasn’t able to prevent losses.
The price of Bitcoin, which was over the $5,600, is now below the $5,300 level. The price of XRP also plunged below the 30 cents support level. ETH USD price which was heading for the $180 level also plunged below the $170 level.
However, the market is now recovering gradually, with some digital currencies now trading in the green. Stellar Lumens is one of the coins that has made a dramatic comeback. XLM USD live price is now on the rise, thanks to the bullish Stellar Lumens news and Stellar Lumens price forecast. The bullish news around Stellar Lumens is its recent addition to the trading platform of Coinsquare.
Stellar Lumens Finds Its Way to Coinbase – Will the Price of Stellar Lumens Recover Further?
Stellar Lumens just got listed in one of the top digital currency trading platforms in the US – Coinsquare. Coinsquare is the leading digital currency trading platform in Canada, and the exchange just added Stellar Lumens to the list of tradable cryptocurrencies on its platform. Coinsquare initially had 9 cryptocurrencies on its platform. The addition of Stellar Lumens to the platform makes increases the total offering of Coinsquare to 10.
In a statement, the Chief Executive Officer of Coinsquare – Cole Diamond – said:
“The aim of Coinsquare is to offer safe and convenient access to the digital currencies with the highest quality via its platform. Stellar Lumens is one of the digital currencies with the highest requests on our platform, and we are very excited to now offer it to our users. Since we launched XRP back in August last year, we made a promise to continue delivering on improving our cryptocurrency offering on Coinsquare.
The addition of Stellar Lumens (XLM) to our platform shows the Canadian market that we are continuing to invest in our offering while keeping our commitment to being the most trusted, safest platform for cryptocurrency trading in Canada.”
Stellar Lumens Price Analysis – Stellar Lumens Price Prediction 2019 – Stellar Lumens Price Forecast
The price of Stellar Lumens just broke over a major resistance level. Stellar Lumens recently plunged below the $0.1 level. The value of the digital currency dipped and traded close to the $0.07 support level. Buyers showed up at the $0.073 level to prevent further losses. The parabolic SAR was over the price candles to indicate that the digital currency was going through a bearish phase.
The relative strength index (RSI) was closer to the oversold area, this shows that the selling pressure is more than the buying pressure. At the moment, the price of Stellar Lumens is supported at $0.09 level. On the upside, the immediate resistance of the digital currency is at the $0.15 level.
Stellar (XLM) Price Today – XLM / USD
At the time of writing, the price of XLM is $0.1001 after an increase of about two percent over the past twenty-four hours. The current market cap of the digital currency is $1.91 billion. The trading volume of the digital currency over the past twenty-four hours is $217.89 billion.