XRP and Stellar Lumens [XLM] Price Analysis

XRP, the third largest cryptocurrency, experienced a minor rise in valuation as the token witnessed a growth of 5.54% over the last 24 hours in comparison to the US dollar. The market capitalization recorded was around $14.4 billion and the token was priced at $0.339 at press time.

Stellar Lumens [XLM] also improved its valuation at press time as the token witnessed a hike of $3.01%. The trading volume garnered 315 million, showing a surge of 75 million, over the 24-hour period. At press time, the XLM token was valued at $0.119.

The one-day chart of XRP pointed towards sideways movement of the token between the resistance line of $0.367 and the support line of $0.294. The long-term uptrend improved the price from $0.340 to $0.366, but was followed by a minor fall. However, at press time, the token showed signs of surging, as a small uptrend stretched the value from $0.33 to $0.342.

Reference: https://ambcrypto.com/xrp-and-stellar-lumens-xlm-price-analysis-valuation-continues-to-fall-as-recovery-signs-remains-minimal/

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Author: Neo Anderson

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