Stellar Lumens [XLM] maintains the bullish market trend – standing firm at 8th position

Stellar Lumens [XLM] continues to its bullish trend in the market with a 4.92% gain in the overall volume since yesterday. The coin remains at the 8th position by constantly making the XLM community the contented group in the trading market.

At press time, Stellar is trading at $0.388 against USD. According to the analysts, the current trend is an optimistic sign that the cryptocurrency has the potential to go beyond $0.50 soon.

Stellar is currently racing ahead of IOTA [MIOTA], NEO [NEO], Monera [XMR], Dash [DASH], and many more. At 3:00 PM UTC, XLM is trading with a market capitalization of $7.216 billion. The overall trading volume has a gain of 28.42% in the past one week.

According to the market list, the coin is currently competing with Cardano [ADA] which is at the 7th position with the market cap of $7.916 billion and the price of the coin is $0.305.

Binance is the topmost exchange platform which is trading XLM with a trading volume of $24 million during the past 24 hours. XLM is being traded against BTC the most on Binance right now. Apart from Binance, the coin is being traded with a decent volume on other exchanges viz Upbit, GOPAX, BCEX, Bittrex, Kraken, etc.


Stellar Lumens 7 days chart

A Stellar proponent on Reddit says:

Hey Stellar Fam – looks like still some consolidation under .40 – how long until we break that and hit .50? Stocking up on more XLM while it’s under .50”

Zac Georgy, a cryptocurrency enthusiast says:

“The overall market is defying gravity again which is both exciting and scary. Stellar’s fast rise seems to have slowed up momentarily, but it looks to be consolidating. Market is undeniably alive again and although we’re heavily overbought right now, the dips are quick and corrections move more sideways to hit the moving averages instead of down. I’ll try to stay more active on my price analysis in here and add on when I can do some more charting and market analysis!”

Another Twitterati commented:

“Well… im pretty sure q4 2018 we Will Cross $3.50.”

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