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XRP Rival XLM on Verge of Tremendous Price Breakout
As we speak, Stellar’s native asset, XLM, is teetering on the brink of a monumental price breakout. The token has been quietly building momentum, and if it breaks above its current resistance level, it could spark a new uptrend that would send shockwaves through the crypto market.
It’s worth noting that XLM has already demonstrated significant strength in November, surging 173% against its primary competitor, Ripple (XRP). What’s more striking is that this token has fully retraced against XRP, even setting a new all-time low. This could be seen as an incredible buying opportunity for those looking to get in on the ground floor of what might be the next big thing.
With XRP ETF gaining traction and its price exhibiting alpha behavior, it’s not hard to see why some investors are turning their attention to XLM as a potential beta play. After all, this token has consistently outperformed XRP throughout 2024, making it an attractive option for those seeking exposure to the larger cryptocurrency market.
While there is no guarantee that XLM will indeed break above its current resistance and spark a new uptrend, one thing is certain: timing is everything in the world of crypto. Those who can pinpoint key moments like this are likely to reap substantial rewards.
Source: https://u.today/xrp-rival-xlm-on-verge-of-tremendous-price-breakout
