Stellar Lumens News Today – The Stellar Lumens network is one of the best decentralized platforms for financial services. Just like Ripple, Stellar makes the transfer of value fast, cheap, and efficient. Whether users want to transfer value cross-border or within the same country, they will not need to worry about paying high fees or meeting heavy regulatory requirements. So far, Stellar has proven efficient for this purpose. The Stellar Lumens XLM token, the fuel that drives the Stellar blockchain, has been performing poorly recently. Many members of the Stellar community are worried about this poor performance. This is especially so because the Stellar Lumens price prediction 2019 was bullish in the beginning of the year. Is there still hope for Stellar Lumens XLM?
Stellar Lumens News Today – Stellar Lumens Price Prediction – XLM Price Prediction 2019
Yesterday, the Stellar Development Foundation published a post about its vision for the Stellar Lumens XLM token. As expected, the vision hasn’t changed. It is still to make Stellar the most important medium of exchange in the financial world. Excited about the post, the Stellar community has been talking about it all day. Even if the price of the XLM token has not been doing well, updating the community regularly about future plans and vision of the network has always been a good way to build the trust and confidence investors have in the network.
Stellar (XLM) Price Today – XLM / USD
The Stellar Lumens XLM token was recently kicked out of the top ten by Tron Trx. While it was able to test the $0.1617 level in May, it has been declining steadily since then. This month, the highest price of XLM was $0.1395 which it reached on the 3rd of June. Between then and now, XLM is down by up to 8.9%. In fact, on the 9th of June, the price fell as low as $0.1166. We say that the current price of Stellar is at an equilibrium because it has increased by 8.9% from its monthly low and fallen by the same 8.9% from its monthly high. Right now, the price of Stellar Lumens XLM is below the baseline. It is important that it moves above the baseline to ensure more gains near-term.
Stellar Lumens News Today – Stellar Lumens Price Prediction 2019 – XLM Price Prediction – Current Price Of Stellar Lumens XLM
At the time of writing, the price of Stellar Lumens XLM was $0.126399. This means that it is down by 0.61% against the USD and down by 4.84 against BTC. The trading volume over a 24 hour period is $445,425,181 and the market capitalization is $2,453,750,476. There is evidence that the Stellar Lumens XLM token will get bullish soon. It’s most likely going to break out of the upper part of the equilibrium and surge higher against the USD. Right now, traders have been encouraged to bid within the $0.101 to $0.123 range. While a $1 price prediction for XLM may appear unrealistic, there is a high chance that the price of Stellar Lumens XLM will test $0.30 before the end of the year.
What do you think about the Stellar Lumens price prediction 2019 in our Stellar Lumens news today? Will XLM test $0.30 by the end of the year? Share your thoughts in the comment section below.