XRP is the third largest cryptocurrency, while Stellar Lumens [XLM] is slowly climbing the charts as it was the eighth largest cryptocurrency, according to data obtained from CoinMarketCap.
XRP
Support 1: $0.3069 Support 2: $0.2587 Resistance 1: $0.5836 Resistance 2: $0.6880 Resistance 3: $0.9041
The Aroon indicator showed a rising downtrend that reversed. However, the uptrend also collapsed.
The Chaikin Money Flow crossed the zero-line, indicating that money is flowing into the market.
The Relative Strength Index was near the 50-line, indicating an equilibrium between the buyers and the sellers.
XLM
Support 1: $0.0964 Support 2: $0.0742 Resistance 1: $0.1239 Resistance 2: $0.1901 Resistance 3: $0.2796
The Aroon indicator for XLM showed a rising downtrend that soon reversed, which was quite similar to that of XRP. However, the uptrend also collapsed.
The Chaikin Money Flow for XLM has been above the zero-line, which indicated steady money flow into the XLM market since February 01, 2019.
The Relative Strength Index was above the 50-line, which indicated that the momentum is skewed towards the buyers.
Conclusion
XRP showed an overall consolidating move as indicated by the Aroon, CMF, and RSI. The XLM daily chart showed a higher bullish momentum than that of XRP.
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