XRP is considered as one of the most valuable assets in the crypto-verse in terms of scalability and transaction speeds. It stood third on the list of the world’s top cryptocurrencies, with a market cap of $15.97 billion. The 24-hour trading volume of XRP was $3.91 billion, with XRP being priced at $0.37, at press time.
On the other hand, Stellar Lumens’ market cap was $2.38 billion. The 24-hour trading volume of the token was $6.29 million and it was priced at $0.124. It stood ninth in the top-10 cryptocurrency list.
The one-day chart pictured two uptrends. The first uptrend was from $0.328 to $0.370and the second uptrend extended from $0.309 to $0.454. The resistance point stood at $0.455 and the support lines stood at $0.290 and $0.316.
The Bollinger Bands indicated high volatility rate in the market.
The Awesome Oscillator was showing a bullish buying opportunity as the short-term momentum was greater than the long-term momentum.
The Chaikin Money Flow indicator line was above the zero-line, indicating that the flow of capital into the XRP market was greater than the capital flowing out of it.
The one-day XLM chart showed a downtrend from $0.209 to $0.141. There were three resistance lines which stood at $0.205, $0.169 and $0.142. The graph also showed three support lines at $0.116, $0.087 and $0.075.
The Bollinger Bands were diverging and depicted high volatility in the XLM market.
The Awesome Oscillator indicated that the closing bar was green and pointed towards a bullish buying opportunity. Also, the short-term momentum was exceeding the long-term momentum.
Chaikin Money Flow indicator was above the zero-line, indicating that the flow of money into the XLM market was greater than the money flowing out of it.