Cryptocurrency

Stellar (XLM) Price Trends and Complete Analysis: 6 April 2018

Stellar (XLM) Price Trends and Complete Analysis: 6 April 2018

SAN FRANCISCO, Calif. – After the consistent downslope in the cryptocurrency market, analysts have finally seen a silver lining after hinting of positivism during March 31st. Among the noticeable slight changes in the cryptocurrency world are the Stellar (XLM) price trends.

In the last 24 hours, Stellar has been trading for $0.181, which indicates a resurrection in the price of about 17.46%.

Per CoinRanking, Bitcoin, which was already falling off the cliff, has managed to meet a recovery of about 5%. After being priced at $6,826 against the dollar, Bitcoin was able to get back on track and is now traded at $7,149.

Meanwhile, Ethereum, who has always been second best following Bitcoin, has also followed the upward trend. Ethereum traders are thrilled to see the cryptocurrency moving up to 8% trading at $6.03.

Despite the differences in numbers, many analysts believe that Stellar is a top choice for investors. This is because the incorporation of the Stellar platform attempts to move money quickly, to almost no cost. This can be proven on the current Stellar (XLM) price trends.

Stellar not only connects people with banks and payment services, but it also attempts to alleviate poverty. Lumens, which is the currency for the Stellar platform, are being given out for philanthropic projects.

The kind of growth illustrated in the graphs was not the percentage that investors wanted to wake up to. However, it is a good start.

Even investors have started to become skeptic after the religious sloping down in all the cryptocurrencies in the market. This slight increase in prices indicates that in the coming weeks or months, things are about to be pointed to the desired direction.

The condition in the cryptocurrency market has not been in a definite undertone these past weeks and months. It went to an extent when some people have started to badmouth cryptocurrencies for their alleged unreliability. Most of the reasons that were pointed out had something to do with the lack of intrinsic value.

However, the recent data which is also showed at the beginning of this article is proof that what occurred in the past weeks were only temporary and that now it is time for rising cryptocurrencies to show its true colors. One excellent example would be the Stellar (XLM) price trends.

About the author

Bradley Johnson

Bradley Johnson

Brad is a 32-year-old Entrepreneur and is passionate about Digital Marketing and Cryptocurrencies. He first started out as a content writer and then ventured into Internet Marketing. Bradley also works as a crypto investment advisor.

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