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Cryptocurrency News Articles

Stellar (XLM) and XRP (XRP) Outperform Bitcoin (BTC) and Ethereum (ETH) in the Ongoing Crypto Market Rally

Nov 25, 2024 at 05:04 pm

Stellar (XLM) recorded impressive gains in the ongoing crypto market rally, with XRP following a similar upward trend. Both altcoins have outperformed

Stellar (XLM) and XRP (XRP) Outperform Bitcoin (BTC) and Ethereum (ETH) in the Ongoing Crypto Market Rally

Stellar (XLM) recorded impressive gains in the ongoing crypto market rally, with XRP following a similar upward trend. Both altcoins outperformed major tokens in the crypto space, with XLM climbing into the top five digital assets by market cap and XRP targeting a spot among the top five.

Bitcoin (BTC) and Ethereum (ETH) lead the crypto market with respective market capitalizations of $1.94 trillion and $407 billion, while XRP is valued at $83.835 billion. According to CoinMarketCap data, XRP trades at $1.47 at the time of writing, up 2% in the past 24 hours and 187.44% in the last 30 days.

However, XRP is still down 61.93% from its all-time high of $3.84. The altcoin rose 27% in the past week and surged 135.32% since November 2023. Its trading volume is pegged at $12.12 billion.

Several upcoming developments could push XRP’s price higher, including the debut of Ripple’s stablecoin RLUSD and a partnership with Cardano (ADA). Additionally, the anticipated approval of a spot XRP ETF in the United States is likely to attract more capital to the altcoin.

Stellar (XLM) Price Surge

XLM, now the 12th largest digital asset by market cap at $15.83 billion, trades at $0.53. While its price dropped 6.69% in the past 24 hours and remains 43.8% below its all-time high of $0.9381, the altcoin rose 127.93% over the past week and 463.22% in the last 30 days.

The gradient of the Relative Strength Index (RSI) reads a value of 90.76 which means that the bulls are in control of the XLM price action. However, the overbought price levels also indicate that the chances of the altcoin crashing are significantly high.

The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a Stellar (XLM) Price Prediction 2024: Stellar to the Moon? Stellar (XLM) Price Prediction 24 March Stellar (XLM) Price Prediction 23 March Stellar (XLM) Price Prediction 22 March Stellar (XLM) Price Prediction 21 March Stellar (XLM) Price Prediction 2023: Stellar to the Moon? Stellar (XLM) Price Prediction 17 March Stellar (XLM) Price Prediction 16 March Stellar (XLM) Price Prediction 15 March Stellar (XLM) Price Prediction 14 March Stellar (XLM) Price Prediction 13 March Stellar (XLM) Price Prediction 12 March Stellar (XLM) Price Prediction 11 March Stellar (XLM) Price Prediction 10 March Stellar (XLM) Price Prediction 9 March Stellar (XLM) Price Prediction 8 March Stellar (XLM) Price Prediction 7 March Stellar (XLM) Price Prediction 6 March Stellar (XLM) Price Prediction 5 March Stellar (XLM) Price Prediction 4 March Stellar (XLM) Price Prediction 3 March Stellar (XLM) Price Prediction 2 March Stellar (XLM) Price Prediction 28 February Stellar (XLM) Price Prediction 27 February Stellar (XLM) Price Prediction 26 February Stellar (XLM) Price Prediction 25 February Stellar (XLM) Price Prediction 24 February Stellar (XLM) Price Prediction 23 February Stellar (XLM) Price Prediction 22 February Stellar (XLM) Price Prediction 21 February Stellar (XLM) Price Prediction 20 February Stellar (XLM) Price Prediction 19 February Stellar (XLM) Price Prediction 18 February Stellar (XLM) Price Prediction 17 February Stellar (XLM) Price Prediction 16 February Stellar (XLM) Price Prediction 15 February Stellar (XLM) Price Prediction 14 February Stellar (XLM) Price Prediction 13 February Stellar (XLM) Price Prediction 12 February Stellar (XLM) Price Prediction 11 February Stellar (XLM) Price Prediction 10 February Stellar (XLM) Price Prediction 9 February Stellar (XLM) Price Prediction 8 February Stellar (XLM) Price Prediction 7 February Stellar (XLM) Price Prediction 6 February Stellar (XLM) Price Prediction 5 February Stellar (XLM) Price Prediction 4 February Stellar (XLM) Price Prediction 3 February Stellar (XLM) Price

News source:coinedition.com

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