As the week nears the halfway point, it will be interesting to see which markets can perform and which will fall apart. So far, the overall uptrend is still rather evident, although things can easily change. The Stellar price remains in the red at this time, although its bullish hourly chart might help change that fact pretty quickly.

Stellar Price Tries to Recover

It is always interesting to keep an eye on the many different cryptocurrencies, tokens, and digital assets available today. Although it remains to be seen how things will evolve exactly, there is still a lot of bullish momentum brewing behind the scenes. As Bitcoin continues its uptrend, Stellar seems to struggle for traction a bit. Not that big of a deal, as this deficit can be overcome without too many problems if the trading volume picks up again.

Over the past 24 hours, the Stellar price is still down by 1.1% as it dropped to $0.127127. There is also a dip in XLM/BTC< which drives that ratio down to 2,423 Satoshi. Neither of these developments are extremely…

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Source: https://themerkle.com/stellar-price-struggles-to-overcome-the-dip-despite-promising-developments/