XLM is a very similar story as XRP as they correlate a lot. So the most of thing said about XRP can be also said about XLM.
Still we can find one difference that the price is pointing towards the support area located at $0.145 to $0.15 per XLM, as the MACD is on a selling wave.
As the price is currently located at $0.17 area, a break of $0.207 will bring bullish momentum while a break below $0.145 will bring bearish momentum.
It seems like the price of XRP is ahead of XLM as the 50 EMA was tested already, while XLM wasn’t tested yet and is currently located in the support area.
The overall outlook for XLM looks bullish in overall as the price as above both 20 and 50 EMA levels and the RSI is trending higher.
Still we can find one difference that the price is pointing towards the support area located at $0.145 to $0.15 per XLM, as the MACD is on a selling wave.
As the price is currently located at $0.17 area, a break of $0.207 will bring bullish momentum while a break below $0.145 will bring bearish momentum.
It seems like the price of XRP is ahead of XLM as the 50 EMA was tested already, while XLM wasn’t tested yet and is currently located in the support area.
The overall outlook for XLM looks bullish in overall as the price as above both 20 and 50 EMA levels and the RSI is trending higher.
