Stellar Lumens Price Analysis: XLM Soar as Altcoins Claw Back 2018 Losses
The recovery of altcoin prices can be attributed to a combination of technical and fundamental factors. Technically, EOS, Litecoin, Stellar Lumens, Monero and even Cardano are on a downtrend shedding more than 80 percent from 2017 peaks. Most noteworthy is the 96 percent slide in Cardano prices. History has it that recoveries are inevitable after such deep retracements. However, considering the wave of sell pressure and depth of retracement, it will be a while before prices re-test 2017 highs.
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