Brief:
IBM launches a cross-border blockchain enterprise with Stellar and $XLM goes orbital. Stellar Lumens (XLM) is up 108.31% in 24 hours, up 51.45% on the week and up 105.78% on the month on a last price of 0.00000677 BTC or about $00.03845607. The Stellar Lumens marketcap is $637,895,713 with a circulating supply of 16,587,646,975 $STR. $STR/BTC is trading between a 24hr high of 0.00000845 BTC ($0.04799908) and a 24hr low of 0.00000312 BTC ($0.01772274) on a 24hr Poloniex volume of 17,791 BTC. In heavy volume trading the weekly trend is mixed.
Contents
Last price
0.00000677 $STR/BTC
$USD
| last price | $ 0.03845607 |
| one week ago | $ 0.02539123 |
| percentage | 51.45% |
Volume
| $STR | 24 hour volume |
|---|---|
| BTC | 17791 BTC |
| all $STR currencies | 37,658 BTC |
The 24 hour volume for $STR/BTC on Poloniex is 17791 BTC. This volume weight is heavy when compared with Poloniex daily trading levels for $STR over the last month.
The total 24 hour volume for all reporting $STR markets is 37,658 BTC.
Market Share
The Poloniex currency pair $STR/BTC is 47.24% of all $STR (or $XLM) traded in twenty-four hours. Poloniex is the top exchange and worldwide leader for 24 hour volume in its Stellar Lumens currency pair $STR/BTC.
Top Ten 24 Hour Market Share $XLM
Data courtesy CoinMarketCap.com
Remarks
IBM launches a cross-border blockchain enterprise with Stellar and $XLM goes orbital. Stellar Lumens (XLM) is up 108.31% in 24 hours, up 51.45% on the week and up 105.78% on the month on a last price of 0.00000677 BTC or about $00.03845607. The Stellar Lumens marketcap is $637,895,713 with a circulating supply of 16,587,646,975 $STR. $STR/BTC is trading between a 24hr high of 0.00000845 BTC ($0.04799908) and a 24hr low of 0.00000312 BTC ($0.01772274) on a 24hr Poloniex volume of 17,791 BTC. In heavy volume trading the weekly trend is mixed.
Twitter® Chatter
#IBM launches cross border blockchain payments on the @StellarOrg. Validation for #lumens #cryptocurrency https://t.co/3vIdyk1TFg
— Omar Darwazah (@odarwazah) October 16, 2017
The joint venture is really good news for Stellar. This is likely to carry the price higher than it already is but not much. The 24 hour chart shows some significant profit taking. And of course the horse has already left the barn, so too late to jump on for the huge short term profit others have already realized:
24 Hour $STR ($XLM) Chart
Volatility is not over though. Day traders might still find some very lucrative price swings as the price plays out its good news, falls down, partially recovers and the cycle continues.
CoinMarketCap.com YTD Chart
One Day Candles
Browse Stellar Lumens Collection
Learn about the unique characteristics of $STR. Browse our collection of Stellar Lumens Market Reports.
Monday October 16 2017 Bitcoin Background
Altcoins such as Stellar Lumens may show a relationship with bitcoin (BTC) which changes with the alt, bitcoin and market conditions:
24 Hours of Bitcoin
24 Hours of #Bitcoin
3.03% price $5,712.16
vol $1,949,850,000
mktcap $94,975,581,650
16.63M #XBT 15:28 #FinTech
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php
XBTLivePriceTM
Yesterday
Altcoin Market Reports
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Price change
Price change is the $STR percentage change within the period:
| period | change |
| day | 108.31% |
| week | 51.45% |
| month | 105.78% |
Highlight Chart
Tap / click to enlarge:
Data source
Poloniex is the main data source for this report. Other sources are credited where used.
Market capitalization
Market capitalization is the total $US dollar value of the Stellar Lumens market calculated using the formula:
| Market cap | $ 637,895,713 |
| Circulating supply | 16,587,646,975 |
| Last price | $ 0.03845607 |
Daily High Low
| daily high | 0.00000845 |
|---|---|
| daily low | 0.00000312 |
Trend
The weekly trend is mixed.
Resistance
Resistance is the highest price within the period:
| period | resistance |
|---|---|
| day | 0.00000845 |
| week | 0.00000845 |
Support
Support is the lowest price within the period:
| period | support |
|---|---|
| day | 0.00000312 |
| week | 0.00000280 |
Market sentiment
Market sentiment is bullish.
Summary
IBM launches a cross-border blockchain enterprise with Stellar and $XLM goes orbital. Stellar Lumens is up 108.31% in 24 hours, up 51.45% on the week and up 105.78% on the month on a last price of 0.00000677 or about $0.03845607. The Stellar Lumens marketcap is $637,895,713 with a circulating supply of 16,587,646,975 $STR. $STR/BTC saw weekly resistance at 0.00000845 BTC and weekly support at 0.00000280. Market sentiment is bullish. The weekly trend is mixed in heavy volume trading.
Analytic Strategy: Objective Analysis
Objective analysis begins free of subjectivity. Interpretation of technical analysis geometric patterns, for example perceived shapes on a trading chart, is inherently subjective. This report is free of technical subjectivity to the maximum extent reasonably possible.
Disclaimer
Past history is NOT an indicator of future results. Read the legal disclaimer:
Printed
This report was printed on Monday October 16 2017 14:12 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.
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Tags
Stellar Lumens, $STR, BTC, Poloniex, Market, Report, $STR/BTC, altcoins
