As the bearish market conditions in full force, it will be interesting to see how the different markets digest this sudden turn of events. So far, most of the damage remains contained where the top markets are concerned, although this may only be a temporary scenario. Surprisingly, this seems to make the Stellar price turn even more bullish all of a sudden. Very interesting market momentum to keep an eye on, assuming it can be sustained.
Stellar Price Run Isn’t Over yet
While some people expect Stellar to follow Bitcoin’s price momentum first and foremost, it seems rather unlikely that will be the case throughout today. For a lot of traders, this will be a welcome turn of events, whereas others will try to disrupt the market momentum in its entirety. Bucking this uptrend may prove rather challenging for many different reasons, though.
Over the past 24 hours, the Stellar price has gained 7.6% across the board. Because of this ongoing price increase, one XLM is now valued at $0.1117, or 2,863 Satoshi. Very promising value…