2019-5-26 20:00 |
The crypto-sphere has experienced a positive market after a recent downfall, as noted by CoinMarketCap. XRP stood strong at the third position with a 24-hour trading volume at $1.8 billion and a market cap of $16 billion, at press time. The XLM 24-hour trading volume, at press time, was at $4.05 million and the market cap was $2.43 billion.
1-day XRP chart
The uptrend, at press time, was from $0.6016 to $0.9723 and the downtrend was from $0.5635 to $0.4676. The resistance was seen at $0.7930 and the support was at $0.6061, at press time.
The Bollinger Band noted increasing volatility in the market.
In the Parabolic SAR, the markers were seen above the candles and indicated a bearish market trend, at press time.
The Awesome Oscillator pointed towards a bullish buying opportunity, but was gradually moving towards the bearish zone.
1-day XLM chart
The XLM one-day chart showcased an uptrend from $0.4796 to $0.8379 and a downtrend from $0.7872 to $0.3228. The resistance was at $0.1238 and the support was at $0.2240, at press time.
Chaikin Money Flow was seen coming closer to the zero-mark, but a higher cash inflow was noted.
Aroon indicator, the up-line and the down-line were seen falling, which signified a sideways trend.
Relative Strength Index depicted a buying pressure in the market.
Conclusion
The XRP coin was seen having a combination of bearish and bullish market trends, as shown by the indicators. XLM leans towards a bullish market.
The post XRP vs Stellar Lumens [XLM] Price Analysis: Bulls and bears riding together in the long-term appeared first on AMBCrypto.
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