XRP vs Stellar Lumens [XLM] Price Analysis: Coins in bearish territory post correction

2019-6-1 13:00

Ripple’s XRP made the headlines for carrying out more than 9 billion XRP transactions between wallets. However, the bullish ride did not last long. XRP was priced at $0.4363, with a market cap of $18.4 billion. The 24-hour trade volume came up to be $2.02 billion, out of which BW.com contributed 5.86% via XRP/USDT. XRP saw a 3.58% gain in the past 24 hours, at press time.

Stellar Lumens [XLM] was priced at $0.1320 with a market cap of $2.5 billion and was placed tenth, according to CoinMarketCap. The 24-hour trade volume came up to be $434 million, out of which LATOKEN contributed 12.83% via the XLM/BTC pair. XLM saw a gain of 2.97% in the past 24 hours, at press time.

1-day XRP

Source: TradingView

The one-day chart of XRP showed a downtrend from $0.5821 to $0.4554. The support point at $0.2881 was tested in December 2018, and $0.3595 acted as resistance on multiple occasions. The resistance points were at $0.4509 and $0.5272.

The Bollinger Bands had diverged and indicated decreased price volatility.

The Awesome Oscillator showed an increase in short-term momentum, presenting a bullish buying opportunity.

The Klinger Oscillator indicated a bearish environment for the coin.

1-day XLM

Source: TradingView

The one-day chart of XLM showed a downtrend from $0.2775 to $0.1395. The support point at $0.0728 was tested in February 2019, and $0.1122 was tested a couple of times in the past, after acting as a resistance as well. The resistance points were at $0.1406 and $0.2535.

The Parabolic SAR indicated a bearish trend as the dotted markers were below the candles.

The Klinger Oscillator showed the Klinger Oscillator to be below zero, and indicated a bearish trend.

The Awesome Oscillator showed an increase in short-term momentum, presenting a bullish buying opportunity.

Conclusion

The one-day chart of XRP showed a bearish trend post correction, as indicated by the aforementioned indicators. The same can be said about the one-day chart of XLM.

The post XRP vs Stellar Lumens [XLM] Price Analysis: Coins in bearish territory post correction appeared first on AMBCrypto.

origin »

Ripple (XRP) на Currencies.ru

$ 3.1012 (+0.44%)
Объем 24H $6.95b
Изменеия 24h: 0.64 %, 7d: -0.81 %
Cегодня L: $3.0558 - H: $3.1104
Капитализация $178.755b Rank 3
Цена в час новости $ 0.4272 (625.94%)

xrp billion territory out bearish correction stellar

Источник: ambcrypto.com

xrp billion → Результатов: 126


Фото:

New Morgan Creek Index Excludes ‘Pre-Mined’ Tokens Like XRP – But Not Ethereum

Morgan Creek Capital Management, the investment house with $1. 5 billion of assets under its wing, has refused to include Ripple in its new rules-based index fund. ‘A Lot Of Additional Risk’ As Forbes reports on the launch day of Digital Asset Index Fund August 28, Morgan Creek has opted to exclude any cryptocurrency with more than a 30 percent premine.

2018-8-28 19:00


Ripple’s Crypto Community is Urging Binance Exchange to Enlist XRP as Base Currency

XRP’s Community Pushing for Binance to Adopt XRP as Base Currency Binance is running well, as it currently has a 24-hour trade volume that is worth $1.108 billion. The exchange trades base currencies such Bitcoin (BTC), Ethereum (ETC) and Tether (USDT) and even its Binance Coin (BNB). The XRP community has taken another step, and […]

2018-8-12 00:11


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin, Ethereum, XRP brace for potential corrections amid weakening momentum

The cryptocurrency market is once again at a crossroads, with Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) showing signs of potential downward corrections. After months of bullish rallies driven by institutional interest and favourable macroeconomic conditions, market indicators now suggest a weakening momentum.