XRP vs Stellar Lumens [XLM] Price Analysis: XRP sees bullish vigor as XLM struggles with bears

2019-6-3 01:00

XRP was valued at $0.441, after a surge of 1.16% over the past 24 hours. At press time, XRP had a market cap of $18 billion with a 24-hour volume of $1.6 billion. XLM strengthened its position in the top-10 coin list, with a market cap of $2.4 billion. The coin was priced at $0.137 after rising 3.22%. According to CoinMarketCap, $448 million was the 24-hour trading volume.

1-Day XRP

XRP saw an uptrend from $0.405 to $0.459. The second uptrend was from $0.385 to $0.451. The resistance line was positioned at $0.458 as XRP was supported at $0.371.

Source: TradingView

Relative Strength Index stood at 62.13, above the 50-line which revealed that the buying pressure was high in the market.

Chaikin Money Flow indicator was positioned at 0.268, showing that money was flowing into the market.

Awesome Oscillator presented a bullish buying opportunity.

1-Day XLM

XLM was pushed down by the resistance at $0.142. The support was positioned at $0.121 as XLM saw an uptrend from $0.132 to $0.142.

Source: TradingView

Bollinger Bands showed diminished volatility as the bands were converging.

Parabolic SAR markers were above the candles and pointed towards a bearish trend in the market.

MACD indicated a bearish trend as the moving average line was below the signal line.

Conclusion

XRP continued on a bullish trail as XLM struggled to keep pace with its rival coin.

The post XRP vs Stellar Lumens [XLM] Price Analysis: XRP sees bullish vigor as XLM struggles with bears appeared first on AMBCrypto.

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