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Cryptocurrency News Video
Breaking Coin | XLM Hits Historic Low Against XRP: Is Rivalry Over?
Jan 22, 2025 at 08:45 pm Breaking Coin News
XLM Hits Historic Low Against XRP: Is Rivalry Over? Click to Buy All Coins with 10% Commission Discount with Credit or Debit Card. Mexc https://bit.ly/40fDloQ , Bitget https://bit.ly/3EvMUo1, Click link : https://u.today/xlm-hits-historic-low-against-xrp-is-rivalry-over to read the original text on U.Today ( News, Price Analysis, Trading Guide, Crypto ) _______ Stellar's XLM falls to all-time low against XRP, but is there any hope for recovery? The latest move in the ongoing rivalry between Stellar (XLM) and XRP saw the former hit an all-time low against its competitor. After XLM failed to hold the key price point of 0.15 XRP, it suffered a big drop, losing over 8% in a single day and 29% since the start of the week. Right now, XLM is trading at 0.135, which is the lowest it has ever been against XRP. This is not the first time XLM and XRP have been in the news. They both go back to the days when Jed McCaleb was involved in the creation of Ripple, before he cofounded Stellar. Since then, they have each gone their own way in the blockchain world. XRP is mostly for big banks and companies, but Stellar tries to make financial services more available to people. But even though they are different, both tokens have been fighting for the top spot in blockchain-based payments. Right now, XLM seems to be falling short. Compared to XRP, the Stellar token is not as strong, but that does not mean the competition is over. These two assets have been all over the place. Prices are swinging back and forth, and some folks still think XLM might outperform XRP. One of the main indicators that traders watch for these price movements is the RSI (Relative Strength Index). In the past, whenever XLM reached a low point on the RSI compared to XRP, the token usually saw a big price increase. For example, in November, XLM surged by over 600%, climbing as high as $0.64, while its value against XRP rose by 165% to 0.427 XRP. Right now, the RSI for XLM/XRP is sitting in the middle, which suggests that the price might go up or down in the near future. _______ XRP ripple news, ripple analysis, you can find breaking news, comments on cryptocurrencies on this channel, please subscribe to not miss the next XRP ripple news. XRP currency, XRP news, ripple news, ripple price, XRP ripple prediction, XRP ripple analysis _______ Disclaimer, The information provided on this video does not constitute investment advice, financial advice, trading advice, for informational purposes only, you should not treat any of the video's content as such. Please, consult your financial advisor before making any investment decisions. #breakingcryptonews
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