Stellar Price Analysis: Stellar (XLM) price walks on the recoverThe first seven days have passed, and the overall momentum of the coins is quite impressive. There were few bumps on the road, but overall the time gives indications of a better future. Well, the time was not similar for Stellar. Where many coins reflected recovery, XLM was falling. The momentum of the coin was also dropping at high speed.
Apparently, the storm has passed. The XLM coin has once again started to reflect a positive sign in the crypto market.
Looking at the Stellar price chart , we can observe a downtrend and later recovery. Yesterday, the XLM coin opened with an upsurge. The price counters changed from $0.07857 to $0.07924 by 0.86%. There was another escalation which took the price to $0.07948 from $0.07832 by 1.49%. There was a major drop in price, and the coin slipped from $0.07934 to $0.07718 by 2.73%. The coin closed at $0.078 with a fall of 0.46% from the opening price. Today, the coin opened at $0.07820. Later, the coin escalated from $0.07774 to $0.07870 by 1.23%.
Stellar has no solid projects to give them a big pump and convince people. Only 3 projects who are doing great in a market is Mobi, SLT and UVU . The most exciting project in a future for XLM is UVU which is trading on their decentralized Exchanges a lot of promises and they have fulfilled everything, We can track them from stellarport here. UVU/XLM
So by the end of August , we can see the price stable on 0.10 USD to 0.15 USD.
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