Markets· ★★★· bearish·

XRP and XLM slip as hawkish Fed hold and bearish derivatives weigh

  • —XRP sits just above $1.300 support, below EMA100 at $1.333 and EMA200 at $1.372
  • —XLM trades at $0.168 under EMA50/100 near $0.187 and EMA200 at $0.190, RSI around 35
  • —XLM funding turned negative at -0.0051%, while XRP funding stayed positive at 0.0080%
  • —The Fed kept rates at 3.75%-4.00%, flagging persistent inflation concerns
Why it matters: A clean break of $1.300 in XRP and $0.153 in XLM could open the door to a deeper correction amid weak derivatives positioning.
#XRP#XLM
Source: FXStreet Crypto
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