Stellar Price Analysis: XLM/USD has gained almost 50% in March
- XLM/USD on a strong road to recovery, having gained a whopping 50% in the month of March.
- Coinbase announced they are now supporting Stellar Lumens on their platform, following the support via Coinbase Pro earlier in month.
Coinbase, the large United States-based cryptocurrency exchange and wallet service provider has now added their support for Stellar Lumens (XLM), this coming from their official organization blog announcement.
According to the update, users are now able to buy, and send XLM, which is available on the Coinbase website, in addition to the Coinbase iOS and Android apps. The cryptocurrency will be made available for a large amount of its customers, with the exception of Coinbase users in the United Kingdom or in the U.S. state of New York.
In terms of the Stellar price today, it is trading in negative territory, down some 2%. Despite the minor losses in the session, XLM/USD has been steadily climbing throughout the month, having gained a chunky 46%.
XLM/USD daily chart
Author
Ken Chigbo
Independent Analyst
Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.
