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Stellar (XLM): Forecasts and Statistics for September 2023

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by Giorgi Kostiuk

5 hours ago

Recent data shows that Stellar (XLM) has faced significant price declines, yet September may bring more favorable conditions for the asset.

Price Fluctuations and Future Expectations

Over the last 30 days, Stellar (XLM) has recorded an 11.17% decline amidst high market fluctuations. However, experts predict a bullish September, with the price likely to reclaim $0.50.

Increasing Popularity of XLM and Trading Volumes

As of press time, Stellar's price was $0.3869, marking a 1.17% decline in the last 24 hours. However, trading volume surged by 38.59% to $471.95 million, indicating rising investor interest.

Historical Data and Altcoin Season

Historically, September has been a successful month for Stellar, averaging a growth of 3.08%. In past years, the asset showcased significant increases, lending confidence to its potential successes this September.

Considering current market conditions and historical performance, Stellar may be poised for a recovery in September, making it a focal point for investors.

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