Stellar Lumens (XLM) Forum with if you love Stellar Lumens please takeover this forum email =cs@frasindo.com




XRP vs Stellar Lumens Price Analysis: XRP chases bulls as XLM struggles with bears
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5

#1
[Image: sculpture-515209_1920-e1559978498416.jpg]
The 24-hour trading volume for XRP was recorded at $1.57 billion, while its market cap was recorded to be over $17 billion, XRP was priced at $0.4184. The 24-hour trading volume for XLM was almost $4.25 million, with it’s market cap recorded at $2.4 billion. XLM was priced at $0.1263, at press time.

1 Day XRP chart

[Image: XRP-8-June.png]
Source: TradingView


A downtrend was noted from $0.4461 to $0.3666, with resistance at $0.4609 and support at $0.2801.

Parabolic SAR the markers for the indicators were seen above the candle which projected a bearish market.

Chaikin Money Flow pointed towards a money inflow market situation, at press time.

Klinger Oscillator indicated towards a bearish divergence.


1 Day XLM chart

[Image: XLM-8-June.png]
Source: TradingView

A downtrend was noted from $0.2493 to $0.1386, XLM saw two notable resistances $0.2488 and $0.1427, and support was sighted at $0.0721.

Bollinger Band indicated squeezing volatility in the market.

The MACD indicator suggested a bearish crossover, at press time.

Relative Strength Index pointed towards a buying pressure in the market.


In conclusion, the bulls caught hold of XRP, even as XLM struggled with the bears.  




by Sarvesh Kumar
Reply


Possibly Related Threads...
Thread Author Replies Views Last Post
  Stellar (XLM) Releases Horizon 1.0. What makes it a Major Release? Details crytocure 0 377 25-02-2020, 12:13 PM
Last Post: crytocure
  Stellar-Based Ecosystem BRIDGE Releases All-In-One Trading Solution crytocure 0 338 25-02-2020, 12:08 PM
Last Post: crytocure
  Stellar(XLM) Price Rally Toward $3 Predicted by 'Five-Year Ascending Channel': Trader crytocure 0 367 24-02-2020, 02:15 PM
Last Post: crytocure
  Stellar (XLM) Exhibits Bearish Crossover on the Hourly Chart crytocure 0 353 24-02-2020, 11:25 AM
Last Post: crytocure
  Stellar Lumens (XLM) Will work with the United States to make Blockchain Thrive in crytocure 0 325 21-02-2020, 08:10 AM
Last Post: crytocure
  Stellar (XLM) Corrects Down Below $0.070 mark in 7-days crytocure 0 340 20-02-2020, 02:23 PM
Last Post: crytocure
  Stellar Awaits “Golden Crossover” on a Daily Chart; Gains Over 9% crytocure 0 373 19-02-2020, 11:21 AM
Last Post: crytocure
  Stellar joins Blockchain Association for mainstream adoption crytocure 0 356 19-02-2020, 11:03 AM
Last Post: crytocure
  Stellar’s Jed McCaleb Says His XRP Sell-Off Won’t Disrupt Crypto Market crytocure 0 306 19-02-2020, 10:56 AM
Last Post: crytocure
  Stellar (XLM) Registers 17% Hike in the Last 30 Days crytocure 0 393 18-02-2020, 01:58 PM
Last Post: crytocure



Users browsing this thread: 1 Guest(s)