Stellar (XLM) Price Near $0.23; Heads Up For the 2nd Day In A Row

The Hourly View for XLM

Last Updated July 22, 2021, 03:017 GMT

At the time of this writing, Stellar’s price is up $0 (0.8%) from the hour prior. This is the 2nd hour in a row Stellar has seen its price head up. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Stellar Daily Price Recap

Stellar is up 7.54% ($0.016) since yesterday, marking the 2nd day in a row an increase has occurred. The price move occurred on volume that was down 11.64% from the day prior, but up 11.41% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Stellar ranked 6th since yesterday in terms of percentage price change. Below is a daily price chart of Stellar.

XLM

Stellar Technical Analysis

The clearest trend exists on the 90 day timeframe, which shows price moving down over that time. For additional context, note that price has gone down 8 out of the past 14 days.