The 24-hour trading volume for XRP was recorded at $1.57 billion, while its market cap was recorded to be over $17 billion, XRP was priced at $0.4184. The 24-hour trading volume for XLM was almost $4.25 million, with it’s market cap recorded at $2.4 billion. XLM was priced at $0.1263, at press time.
1 Day XRP chart
A downtrend was noted from $0.4461 to $0.3666, with resistance at $0.4609 and support at $0.2801.
Parabolic SAR the markers for the indicators were seen above the candle which projected a bearish market.
Chaikin Money Flow pointed towards a money inflow market situation, at press time.
Klinger Oscillator indicated towards a bearish divergence.
1 Day XLM chart
A downtrend was noted from $0.2493 to $0.1386, XLM saw two notable resistances $0.2488 and $0.1427, and support was sighted at $0.0721.
Bollinger Band indicated squeezing volatility in the market.
The MACD indicator suggested a bearish crossover, at press time.
Relative Strength Index pointed towards a buying pressure in the market.
In conclusion, the bulls caught hold of XRP, even as XLM struggled with the bears.
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