Stellar Lumens (XLM) Price Prediction and Analysis in July 2020

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In order to issue an XLM price prediction for this July, we will be looking at some of the market opinions and historical prices for Stellar Lumens.


Stellar Overview

XLM is the native crypto of the Stellar Lumens platform and is currently ranked 14th according to a market capitalization of $1,383,216,392, with $302,125,710 worth of XLM being traded in the past 24-hour period. There are 20,360,085,759 XLM coins in circulation out of a total supply of 50,001,803,826 XLM. The current price of Stellar is $0,072341, with an increase of 0,93% in the last 24-hour period.

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Stellar Lumens (XLM) Price Prediction: Analysis

Stellar Lumens spent the latter half of May, XLM traded tightly between $0.06 and $0.07, seeing a slight increase towards the end of the month. XLM started May 31st at $0,072399, but then it surged to an intraday peak of $0,076035. However, the coin did not manage to keep its gains and fell back to $0.07 support levels toward the end of the day.


The coin then followed the same pattern on the first day of June 1st, peaking at $0,076174. The coin closed at a price of $0,075518. June 2nd marked the start of a bullish trend, with the coin going past the $0.080 resistance level, reaching $0,083960. Stellar closed the day with a slight correction from this high, closing at $0,079284.

XLM continued to test the $0.084 resistance for the following days, until on June 4th, when the coin reached a high of $0,086169 – failing to sustain these gains and fell down to $0,082476. The next week, XLM started slowly declining, going below the $0.07 support level, hitting $0,069982.

Up until June 14th, XLM grew up to $0.074 but then fell back to $0.071. The coin traded around $0.071 and $0.072 for the next days.

Stellar’s Lumen rose by 1.24% on June 16th, reversing a 0.15% dip on June 15th, and it closed that day at $0.070824.

The calculated pivot, resistance, and support levels by WalletInvestor are:

  • Resistance Level (R3): 0.0741
  • Resistance Level (R2): 0.0731
  • Resistance Level (R1): 0.0721
  • Pivot Point: 0.0711
  • Support Level (S1): 0.07021
  • Support Level (S2): 0.0692
  • Support Level (S3): 0.0683

Developments

There has been no news in the media regarding Stellar Lumens’ developments, updates, or partnerships in the past few weeks.

Stellar Lumens Price Prediction: Market Opinion for July 2020

As several crypto media sites have created their own XLM price prediction for July 2020, we will be featuring some of the most relevant ones so that you can have an overall idea of the market sentiment for Stellar Lumens.

Digitalcoinprice

Digitalcoinprice’s XLM price prediction for July sets the coin at a trading price of $0.12966851, signifying an increase of 79.47%.

Previsionibitcoin

Previsionibitcoin projected that Stellar will have a price of $0.153871 in the month of July.

Longforecast

Longforecast foresees that XLM will be changing hands at $0.065 when July debuts. The maximum price was projected at $0.088, while the lowest value has been estimated at around $0.055. The month’s average price for XLM was calculated at $0.067. The site predicted that the coin will close the month at a price of $0.059, change for July -9.2%.

Gov.capital

Gov.capital’s XLM price prediction for July 1st foresees an average price of $0.0526, with a minimum possible price of $0.04471 and a maximum possible price of $0.06049. The site also made predictions for the rest of the days of July.

Calendar date Regular Least possible price Best possible price
2020 July
2020 July 01, Wednesday  0.0526  0.04471  0.06049
2020 July 02, Thursday  0.05014  0.042619  0.057661
2020 July 03, Friday  0.0525  0.044625  0.060375
2020 July 04, Saturday  0.0528  0.04488  0.06072
2020 July 05, Sunday  0.0515  0.043775  0.059225
2020 July 06, Monday  0.05075  0.0431375  0.0583625
2020 July 07, Tuesday  0.05053  0.0429505  0.0581095
2020 July 08, Wednesday  0.0536  0.04556  0.06164
2020 July 09, Thursday  0.0538  0.04573  0.06187
2020 July 10, Friday  0.0466  0.03961  0.05359
2020 July 11, Saturday  0.0427  0.036295  0.049105
2020 July 12, Sunday  0.0425  0.036125  0.048875
2020 July 13, Monday  0.0448  0.03808  0.05152
2020 July 14, Tuesday  0.0468  0.03978  0.05382
2020 July 15, Wednesday  0.0496  0.04216  0.05704
2020 July 16, Thursday  0.0515  0.043775  0.059225
2020 July 17, Friday  0.0524  0.04454  0.06026
2020 July 18, Saturday  0.0710  0.06035  0.08165
2020 July 19, Sunday  0.0780  0.0663  0.0897
2020 July 20, Monday  0.0749  0.063665  0.086135
2020 July 21, Tuesday  0.0723  0.061455  0.083145
2020 July 22, Wednesday  0.0760  0.0646  0.0874
2020 July 23, Thursday  0.0740  0.0629  0.0851
2020 July 24, Friday  0.0737  0.062645  0.084755
2020 July 25, Saturday  0.08046  0.068391  0.092529
2020 July 26, Sunday  0.0874  0.07429  0.10051
2020 July 27, Monday  0.0815  0.069275  0.093725
2020 July 28, Tuesday  0.0824  0.07004  0.09476
2020 July 29, Wednesday  0.08090  0.068765  0.093035
2020 July 30, Thursday  0.0769  0.065365  0.088435
2020 July 31, Friday  0.0694  0.05899  0.07981

Coinpredictor

Coinpredictor’s XLM price prediction for July is a price of $0.059039, with a loss of -25.7%

30rates

30rates made an XLM price prediction for each day of the month of July (without the weekends), with the average, minimum, and maximum values.

07/01 Wednesday $0.060 $0.068 $0.064
07/02 Thursday $0.060 $0.070 $0.065
07/03 Friday $0.059 $0.067 $0.063
07/06 Monday $0.058 $0.066 $0.062
07/07 Tuesday $0.060 $0.070 $0.065
07/08 Wednesday $0.063 $0.073 $0.068
07/09 Thursday $0.068 $0.078 $0.073
07/10 Friday $0.066 $0.076 $0.071
07/13 Monday $0.071 $0.081 $0.076
07/14 Tuesday $0.070 $0.080 $0.075
07/15 Wednesday $0.073 $0.085 $0.079
07/16 Thursday $0.074 $0.086 $0.080
07/17 Friday $0.073 $0.085 $0.079
07/20 Monday $0.076 $0.088 $0.082
07/21 Tuesday $0.073 $0.083 $0.078

Bitverzo

Bitverzo predicted that XLM will start July at a price of $ -0.032704, with a minimum value of -0.123400 and a maximum expected value of $0.075373. The site also listed predictions for the rest of the days of July.

Date Average Low High
Wednesday, July 1, 2020 -0.032704 -0.123400 0.075373
Thursday, July 2, 2020 -0.033785 -0.125628 0.066342
Friday, July 3, 2020 -0.030844 -0.115126 0.073575
Saturday, July 4, 2020 -0.027039 -0.118513 0.076454
Sunday, July 5, 2020 -0.024720 -0.117528 0.088319
Monday, July 6, 2020 -0.023001 -0.111874 0.089162
Tuesday, July 7, 2020 -0.023390 -0.113646 0.079097
Wednesday, July 8, 2020 -0.017307 -0.105098 0.089776
Thursday, July 9, 2020 -0.016205 -0.107547 0.086126
Friday, July 10, 2020 -0.011435 -0.099280 0.092555
Saturday, July 11, 2020 -0.006183 -0.096664 0.103619
Sunday, July 12, 2020 -0.002819 -0.093584 0.106811
Monday, July 13, 2020 -0.000464 -0.090430 0.107102
Tuesday, July 14, 2020 -0.000630 -0.094230 0.100670
Wednesday, July 15, 2020 0.005275 -0.082992 0.109526
Thursday, July 16, 2020 0.005814 -0.090889 0.113284
Friday, July 17, 2020 0.009660 -0.083226 0.115469
Saturday, July 18, 2020 0.013660 -0.077180 0.119604
Sunday, July 19, 2020 0.015481 -0.069866 0.118457
Monday, July 20, 2020 0.016044 -0.065672 0.111167
Tuesday, July 21, 2020 0.013884 -0.078441 0.117733
Wednesday, July 22, 2020 0.017641 -0.073663 0.117749
Thursday, July 23, 2020 0.015927 -0.073533 0.123012
Friday, July 24, 2020 0.017466 -0.074661 0.123811
Saturday, July 25, 2020 0.019151 -0.072971 0.123734
Sunday, July 26, 2020 0.018694 -0.072178 0.118145
Monday, July 27, 2020 0.017059 -0.066735 0.125231
Tuesday, July 28, 2020 0.012819 -0.074755 0.117130
Wednesday, July 29, 2020 0.014645 -0.078953 0.117479
Thursday, July 30, 2020 0.011178 -0.082223 0.115331
Friday, July 31, 2020 0.011160 -0.079957 0.125324

Tradingbeasts

Tradingbeasts predicted that XLM will reach $0.0857670 at the start of July 2020. The month’s highest expected price is $0.1059652, with the least anticipated price of $0.0720564. The Stellar closing price prediction for the end of the month is $0.0847722, with a change of 17.53%.

Stellar Lumens Price Prediction: Verdict

We have reached the end of our XLM price prediction for July 2020. From what information we have gathered, the market sentiment around Stellar Lumens seems rather bearish for the upcoming month. We hope that the information we have provided in this article will be of help to you in creating your own trading predictions.

Featured image: fool.com

 

source: https://coindoo.com/xlm-price-prediction-july/

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