<span style="font-weight: 400">It’s the second day since Stellar burst upwards with a 20% high swing. The coin is up the 24 hours trading chart by 2.32% and seems to be on the ladder. Stellar’s trends are amazingly bullish compared to the prevailing conditions in the crypto market. Well, during press time there are few <a href="https://www.cryptoknowmics.com/crypto/cryptocurrency-rewards-for-residents-of-seoul-in-south-korea/">cryptocurrencies among the top 20</a> that are in the Red line. These include Dash, NEO and Bitcoin Gold. </span>
<h2>The Meridian Conference Seems to Push Stellar Prices</h2>
<span style="font-weight: 400">Stellar’s  amazing perfomance seems to gain track as a result of the currently ongoing meridian conference in Mexico. XLM’s price has been pumping all the way from $0.0793 to an astronomical $0.0881.</span>

<span style="font-weight: 400">However, the price attained a daily high of $0.0887 yesterday before dipping to $0.0841 and now $0.0881. Which is still a price on the crucible of a bullish trend. Stellar announced on its Twitter account that the conference proved a success with a great turn out on the first day. Well, the second day is yet to be even bigger. </span>

<span style="font-weight: 400">Today’s volume is also significant and the coin is still on an uptrend. The bulls did not manage to maintain the price beyond $0.088. However, a break out is possible above the recent high within the coming 24 hours. </span>
<h2>$0.12 All Time High</h2>
<span style="font-weight: 400">Right now, the bulls are enjoying their share of the bullfight by technically burning out upto 50% of the total market supply of XLM’s value. The recent tracks signifies that we could expect Stellar to hit its all time high of $0.12 by the end of the year.</span>

<span style="font-weight: 400">Remember that Stellar managed to maintain its price above the trend line in the course of last week. While recovering its position within the press time rising channel. XLM has adjusted above the </span><a href="https://www.sciencedirect.com/topics/engineering/channel-resistance"><span style="font-weight: 400">resistance channel</span></a><span style="font-weight: 400"> and could possibly trade between $0.0881 and $0.08824. Nevertheless, traders should be wary of a reversal by watching the Relative Strength Index (RSI). </span>

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Stellar Back on Track with Booming Gains, 2.32% Uptrend

It’s the second day since Stellar burst upwards with a 20% high swing. The coin is up the 24 hours trading chart by 2.32% and seems to be on the ladder.

Richard is a versatile fintech analyst with a deep understanding of blockchain domains. As much as technology fascinates him, he finds the intersection of both technology and finance mind-blowing. The firm belief that fintech will drive the future has brought him to the crossroads of Fintech discoveries and transmission of immutable data to a wider audience.

Stellar Back on Track with Booming Gains, 2.32% Uptrend

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