Tuesday , May 18 2021

XRP and stellar lumens [XLM] Price Analysis: Bull's presence strengthens the market



XRP, the third largest coin on CoinMarketCapu, has recorded a significant growth in the last few days. However, his profits were not the same as other major crypto currencies on the coin market. Stellar snow [XLM] was one of those other crypto currencies.

XRP

At the time of printing, the XRP was valued at $ 0.3603, with market capitalization of $ 15.04 billion. He recorded a 24-hour trading volume of $ 1.49 billion, recording a growth of 0.03% over the course of the day. During the week the coin had a price increase of 15.93%. However, over time, the newsprint was 0.36%.

Source: Trading View

Source: TradingView

According to the long-term graph of the XRP, the decline was recorded from 0.5554 to 0.3670 dollars. However, the chart did not show any significant growth trend. Resistance to XRP is $ 0.3869, while support is $ 0.2923.

Bollinger Bands appear to be different, indicating increased volatility in the market. The moving average line is aligned beneath the candle, supporting the price increase.

Awesome oscillator points to the strengthening of the bikong momentum.

Chaiki Cash Flow It also marked a bikini trend because the marker was above the zero.

Stellar snow [XLM]

Source: Trading View

Source: TradingView

At the time of printing, the XLM was estimated at $ 0.1338 with market capitalization of $ 2.57 billion. The 24-hour volume of trading with XLM was recorded at $ 374 million, recording a 5.64% growth over the course of the day. The price of XLM grew by 23.22% in the last week and is still growing at 0.33% in the last hour, at the time of printing.

Parabolic SAR he noticed a growing market as spot markers were under the candlestick.

MACD the line was below the signal line, marking the bull market.

Relative power index they showed that crypto currency entered the excessive buyer zone.

Conclusion

Indicators for XRP and XLM marked the presence of angry bull. So there is a bikini trend for coins.


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Namrata Shukla


Namrata is a permanent journalist and is interested in covering everything under the sun, with a special emphasis on the crypto market.



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