XLM price is up by more than 200% since January 3 as XRP loses strength. It seems that XRP holders are eying up XLM as a potential investment option. Cryptocurrency enthusiasts have always debated which coin was better, XLM or XRP. Both have a shared history and founders but there are significant differences like the ownership of coins. After the SEC sued Ripple, it seems that many XRP investors have switched their attention towards XLM as a potential alternative. XLM price faces short-term correction after massive rally After a 200% rally towards $0.39, XLM seems to be slowing down and faces a potential correction. On the 2-hour chart, the TD Sequential indicator has just presented a sell signal. XLM/USD 2-hour chart The validation of this signal can quickly push XLM down to the 26-EMA at $0.231 if the 12-EMA at $0.27 is broken. Below that level XLM can find support at around $0.205 and $0.18. However, if the bulls can defend the 12-EMA at $0.27, they will face very little support to the upside. XLM price can quickly climb back towards the high of $0.39 and above hitting the psychological level at $0.40 FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next EUR/JPY gains stall at multi-year highs just above 127.00 level FX Street 11 months XLM price is up by more than 200% since January 3 as XRP loses strength. It seems that XRP holders are eying up XLM as a potential investment option. Cryptocurrency enthusiasts have always debated which coin was better, XLM or XRP. Both have a shared history and founders but there are significant differences like the ownership of coins. After the SEC sued Ripple, it seems that many XRP investors have switched their attention towards XLM as a potential alternative. XLM price faces short-term correction after massive rally After a 200% rally towards $0.39, XLM seems to be slowing down and… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
