Markets· ★★· bearish·

XRP and XLM recovery stalls below key EMAs

  • —XRP at $1.352: resistance at the $1.374–1.375 EMA band, support at the 100-day EMA of $1.337
  • —XLM at $0.182: resistance in the $0.190–0.192 EMA zone, support at $0.173
  • —XRP long-to-short ratio at 0.67, XLM at 0.93, near one-month lows
  • —Funding rates turned positive: 0.0084% for XRP and 0.0072% for XLM
Why it matters: Unless buyers reclaim the EMA cluster, XRP and XLM rebounds will stay capped, and a break of support would deepen the bearish trend.
Source: FXStreet Crypto