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XRP Rival Stellar (XLM) Reverses Gains, Key Levels to Watch
Stellar, the rival of Ripple’s XRP, has reversed its gains and is expected to face significant challenges in the near term. Unlike XRP, which enjoys a more optimistic outlook, Stellar’s bearish sentiment could push it further down.
Following a brief rally earlier this year, Stellar’s price began to plummet once again, losing a substantial portion of its initial gains. This reversal in momentum has led many analysts to become increasingly pessimistic about the coin’s prospects.
While XRP has been gaining traction and enthusiasm from its community, Stellar has yet to find similar support. Despite some promising signs, Stellar is still struggling to overcome its bearish trends.
In terms of technical analysis, Stellar’s price action appears to be pointing towards a strong likelihood of further declines. With this in mind, we should be cautious about any potential long positions and instead focus on playing the trend.
On the other hand, XRP has been showing signs
Source: https://u.today/xrp-rival-stellar-xlm-reverses-gains-key-levels-to-watch
