XRP and Stellar Lumens [XLM] Price Analysis: Bears maintain stronghold on tokens as prices fall

2019-5-8 15:30

XRP and Stellar Lumens [XLM] collectively fell prey to the bear trap, with the tokens plummeting massively in valuation. At press time, XRP suffered a 1.87 percent decline and was priced at $0.311. The market capitalization also took a hit, slumping down to $12.6 billion.

XLM suffered a similar fate after it experienced a decline of 4.54 percent against the US Dollar. The trade volume amounted to $207 million and the token was valued at $0.096.

XRP one-day chart

Source: Trading View

XRP’s one-day chart showed that the token underwent sideways movement between the resistance line of $0.367 and $0.291. The uptrend extended from $0.323 to $0.365 and was followed by a downtrend, pulling down the price of the token from $0.366 to $0.317.

The Bollinger Bands indicated a volatile period for the token. However, the bands were converging, implying reducing market volatility.

The Fisher Transform line witnessed a bearish trend for the token as the red line remained above the blue line.

The Awesome Oscillator exhibited minor bearish momentum as red bars appeared in the chart.

XLM one-day chart

Source: Trading View

XLM’s one-day chart exhibited a major uptrend, extending from $0.087 to $0.132. The improved valuation took a hit as the price plummeted from $0.134 to $0.107. The resistance line remained at $0.135 and the support line was scaled at $0.074.

The Parabolic SAR indicated a trend reversal. A bearish phase was slowly overtaking a bullish phase as the final dotted marker was above the candlestick.

The Relative Strength Index remained neutral, but the selling pressure slightly dominated the buying pressure.

The Chaikin Money Flow line was under the zero line, indicating that the capital entering the market was minimal.

Conclusion

All the aforementioned indicators suggested that the tokens were in for a bearish phase in the near future.

The post XRP and Stellar Lumens [XLM] Price Analysis: Bears maintain stronghold on tokens as prices fall appeared first on AMBCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ripple (XRP) на Currencies.ru

$ 1.5455 (+0.29%)
Объем 24H $19.299b
Изменеия 24h: 11.71 %, 7d: 60.47 %
Cегодня L: $1.4475 - H: $1.6124
Капитализация $88.094b Rank 6
Цена в час новости $ 0.3007 (413.97%)

xrp xlm stellar tokens lumens fall suffered

Источник: ambcrypto.com

xrp xlm → Результатов: 126


Weiss Crypto Ratings Gives Positive Comments About Stellar Lumens (XLM) And XRP (Ripple)

Weiss Ratings Gives Positive Comments About Stellar Lumens And XRP XRP and Stellar Lumens (XLM) have received positive comments from the independent rating agency Weiss Ratings. The company said that amid a bear market in the cryptocurrency world, XLM and XRP register smaller losses, which is something that shows their strength. Indeed, during the last […]

2018-11-17 19:42


OKCoin Launches Exchange in Latin America with Fiat-to-Crypto Support

OKCoin, a globally leading exchange that caters to over 110 countries, launched its expansion into Latin America this Thursday as revealed via a press release. Providing New Services As of November 15th, citizens in Argentina can invest the Argentine peso into major cryptocurrencies such as Bitcoin (BTC), Litecoin (LTC), Ripple (XRP), Stellar (XLM), and Zcash… The post OKCoin Launches Exchange in Latin America with Fiat-to-Crypto Support appeared first on UNHASHED.

2018-11-17 18:13


Фото:

OKCoin открыла торговую площадку в Латинской Америке

Криптобиржа OKCoin запустила в Аргентине регулируемую криптовалютную торговую площадку с поддержкой фиатных валют. Согласно заявлению компании, клиенты получили возможность торговать парами с биткоином (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), Ripple (XRP), Cardano (ADA), Stellar (XLM), Zcash (ZEC) и 0x (ZRX) против аргентинского песо (ARS).

2018-11-16 11:21


Фото:

XRP and Stellar (XLM) Continue To Thrive Amidst Market Turmoil

By now, the entire crypto-verse is aware of the crypto market turmoil that was ignited by the Bitcoin Cash (BCH) Hash Wars that are still ongoing. The two different camps aligned to Bitcoin Cash ABC and Bitcoin Cash SV have been blamed for causing the value of Bitcoin (BTC) to drop significantly in a time […] The post XRP and Stellar (XLM) Continue To Thrive Amidst Market Turmoil appeared first on Ethereum World News.

2018-11-16 10:59


XRP Price Surge Good News for Stellar XLM Investors?

Stellar Lumens (XLM), XRP–The recent price surge for XRP, the third largest cryptocurrency by market capitalization, could be a positive signal for Stellar enthusiasts and investors. While the two cryptocurrencies have long been pitted at odds, with a similar technology basis, overlapping leadership and development teams, and target customer base, the coins have also managed […] The post XRP Price Surge Good News for Stellar XLM Investors? appeared first on Ethereum World News.

2018-11-8 06:05


Bitcoin, Blockchain and Crypto Daily News Recap For October 25th [VIDEO]

Cardano (ADA), Stellar (XLM) and XRP Among New Coins Trezor Wallet Adds Support For Cardano (ADA), Stellar (XLM) and XRP Among New Coins Trezor Wallet Adds Support For Ethereum Blockchain Network is Benefitting from the Stablecoin Boom: Why? Ethereum Blockchain Network is Benefitting from the Stablecoin Boom: Why? Technology Lead At Capgemini Defends Bitcoin Against […]

2018-10-25 22:02


Фото:

Почему стоит следить за Cardano в следующем году

Проект Cardano (ADA) входит в список 10 крупнейших криптовалют. Его рыночная капитализация составляет почти 2 млрд долларов. Наряду с Ripple (XRP) и Stellar (XLM) Cardano относится к редкому типу проектов, которым удалось добиться устойчивого развития несмотря на неблагоприятную ситуацию на рынке.

2018-10-24 08:44


Stellar Lumens (XLM) Not Making it Easy for Ripple’s XRP: Weekly Only Gainers

Following the week of sellers having their saying throughout the market, a return of bulls can be witnessed in the daily trading of coins mid-October. While some of the leading cryptocurrencies are struggling to recover from the 11th Oct drop, Stellar Lumen [XLM] and XRP against the US Dollar are the only standing in the […] The post Stellar Lumens (XLM) Not Making it Easy for Ripple’s XRP: Weekly Only Gainers appeared first on Ethereum World News.

2018-10-17 23:29


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Stellar’s XLM token forms bullish divergence, but risks remain

Stellar, the payment-focused blockchain company, is experiencing ecosystem challenges that have affected its token’s performance.  The Stellar (XLM) has dropped by over 44% from its highest point this year, underperforming other popular cryptocurrencies like Bitcoin and Ethereum. Ecosystem challenges Established…

Stellar announces testnet for Protocol 20 upgrade

Stellar (XLM) will activate the testnet for Protocol 20, its latest network upgrade, on September 20 at 15:00 UTC. The upgrade will introduce the Soroban smart contracts on mainnet. XLM price was largely muted around $0.

Crypto derivatives exchange Bitget lists Stellar (XLM)

Bitget has listed Stellar (XLM), a project that’s currenly a $3. 4 billion market cap token. Bitget has announced the listing of Stellar (XLM), with the token added to the crypto derivatives platform’s Innovation Zone and Payment Zone.