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Price Analysis: The Price Of Stellar (XLM) Fell More Than 3% In 24 Hours

Price Analysis: The Price Of Stellar (XLM) Fell More Than 3% In 24 Hours

Over the past 24 hours, the price of Stellar (XLM) has fallen 3.2% to $0.115. 

Stellar Price Chart | Source: Coinstats

 

The price of Stellar (XLM) continued its negative trend over the past week where it has experienced a 11.0% loss, moving from $0.13 to its current price.

The chart below compares the price movement and volatility for Stellar over the past 24 hours (left) to its price movement over the past week (right). 

Stellar Price and Volatility

 

The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. 

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The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has climbed 9.0% over the past week, moving opposite, directionally, with the overall circulating supply of the coin, which has decreased 0.12%. 

Stellar Circulating Supply and Trading Volume

 

This brings the circulating supply to 28.27 billion, which makes up an estimated 56.54% of its max supply of 50.00 billion. 

According to our data, the current market cap ranking for XLM is #27 at $3.27 billion.

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