While news of plummeting prices within the crypto market seemingly shook the world this week, it appears as if digital currency is recovering as of 19th January.
\r\nAfter experiencing what has been called a ‘V-shaped’ healing process in the last day, it has now been announced that Stellar (XLM) and Ripple (XRP) are headlining the recovery.
\r\nAs the day came to a close yesterday evening, the trading price of Ripple was at $1.57, having decreased by over 56% in the previous 24 hours. In addition to this, latest statistics show that Ripple has recovered 77% from its 3.5 week low. Despite the increasing prices, albeit at a very slow rate, Ripple is down by over 17% and in the past year alone, the trading price has reduced by 31%.
\r\nFurthermore, the trading price of Stellar has increased by 53% in the last 24 hours. Previously at $0.535388, this morning data indicated that the price of XLM had risen to over 80% after yesterday’s 2.5 week low, which saw the price at $0.305034. However, despite these results, the price of XLM has remained roughly the same every week. What’s more, after evaluating prices of Stellar annual performance, the world’s 9th biggest cryptocurrency is up by just under 50%.
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