XRP and Stellar Lumens [XLM] Price Analysis: Bearish movement forecast as coins fail to recover

2019-4-28 15:30

The cryptocurrency market posted major losses following the Bitfinex debacle over the week. The digital coins, however, steered their way out and exhibited minor rises shortly after. The leading coins failed to post impressive rallies as both Ripple’s XRP as well as Stellar Lumens [XLM] were in bearish territory.

1-day XRP chart

At press time, the third largest crypto-asset on the CoinMarketCap held a market cap of $12.5 billion and was priced at $0.29. The trading volume accounted for $739.4 million over the past day, while recording a dip of 0.15% during the past 24 hours.

Source: TradingView

The candlestick arrangement on XRP’s one-day chart exhibited an uptrend from $0.27 to $0.48 and a downtrend from $0.55 to $0.37. The resistance points on the chart were at $0.45 and $0.51, while the coin found its support at $0.26.

Parabolic SAR: The dotted markers were above the candles, indicating a bearish pattern for the crypto-asset.

MACD: The MACD line was also below the signal line, exhibiting a bearish trend for XRP’s valuation.

Klinger Oscillator: The reading line was below the signal line and projected a bearish pattern for the coin’s price.

1-day XLM chart

Source: TradingView 

The one-day Stellar Lumens [XLM] chart projected an uptrend from $0.07 to $0.09 and a downtrend from $0.25 to $0.13. Resistances for the chart were at $0.13, $0.16 and $0.20. The support points for the coin stood firm at $0.08 and $0.07.

Bollinger Bands: The bands indicated a period of low volatility for the coin.

Awesome Oscillator: The red closing bars of the indicator predicted a bearish course for XLM.

Chaikin Money Flow: The CMF was below the zero-line, indicating that money was flowing out of the coin market. Hence, a bearish price trend for XLM was forecast.

Conclusion

Following the brief market crash which ensued after the Bitfinex-Tether fiasco, altcoins are finding it difficult to recover and so are XRP and XLM.

The post XRP and Stellar Lumens [XLM] Price Analysis: Bearish movement forecast as coins fail to recover appeared first on AMBCrypto.

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coins xrp stellar lumens bearish xlm recover

Источник: ambcrypto.com

coins xrp → Результатов: 126


XRP добавлен на платформу Coins ph в качестве платежного средства

10 августа филиппинская платформа финансовых услуг Coins ph объявила, что XRP был добавлен на платформу для использования в качестве средства оплаты коммунальных услуг. Платформа уже сообщила, что она располагает 5 миллионами пользователей, это означает, что они могут использовать XRP для платежей вместо традиционных валют.

2018-8-13 09:40


5 млн пользователей coins.ph получили возможность оплачивать счета XRP

Филиппинское новостное издание о криптовалюте BitPinas сообщило, что Ripple (XRP) теперь поддерживается криптовалютной платежной платформой coins.ph.

2018-8-10 09:44


Bitcoin, Ethereum, XRP and other coins to be protected better with the new bill, says South Korean official

On 25th July, South Korean officials made it clear that the country’s governing bodies must come together to enforce cryptocurrency regulations. This comes in the wake of major hacks that has threatened to destabilize the financial markets as well as dissuade people from adopting cryptocurrencies on a larger scale. South Korea is making a steady progress […]

2018-7-27 23:34


Фото:

High Chance Amazon Will Partner With Ripple (XRP) In 2018

Not content with being one of the most ubiquitous companies in the world, it is speculated that Amazon is highly likely to partner with Ripple (XRP) in 2018. Ripple, an international real-time gross settlement company dealing in currency exchange, supports cryptocurrency exchanges and flat coins, has been exploring growth expansion into the banking sector.

2018-6-20 17:30


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