XRP Targets $3.12 as XLM Eyes $0.38 – Everything You Need to Know!

XRP and XLM, both tokens, have posted solid gains over the last 24 hours, supported by strong on-chain activity and macro catalysts. While XRP price is rallying on renewed ETF optimism and whale accumulation. Stellar price is finding support from its upcoming Protocol 23 mainnet upgrade and growing institutional adoption. With key resistance levels approaching, both tokens are now at a crossroads.

XRP Price Analysis

XRP price is changing hands at $2.80, with a 3.06% premium since yesterday. Successively, the market cap rose to $166.75 billion, with the daily business spiking 50% to $7.01 billion. Price action shows a breakout above the 200-day EMA at $2.47, and XRP is now testing the 38.2% Fibonacci retracement at $3.12.

It is worth noting that the momentum indicators are turning positive. The RSI has exited oversold territory at 47, and the MACD is flattening, signaling weakening bearish pressure. Historically,...

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