XRP and XLM Price Analysis for September 23 cryptomarketbag

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of YouTube. Every investment and all trading involves risk, so you should always do your own research before making a decision. We do not recommend investing money that you cannot afford to lose.

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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of YouTube. Every investment and all trading involves risk, so you should always do your own research before making a decision. We do not recommend investing money that you cannot afford to lose.

Based on CoinMarketCap rankings, no party is controlling the cryptocurrency market.

XRP/USD

The price is up 9.45%, so XRP is outperforming other coins.

XRP/USD chart by TradingView

XRP has made a false breakout of the $0.50-$0.54 resistance area. For now, one needs to pay attention to the recently formed local support level at $0.4704. If the price comes back, buyers can lose the initiative. Similarly, the downside could be $0.44 to test the next level.

At press time, XRP is trading at $0.48927.

xlm/usd

Stellar (XLM) could not show the same growth as XRP, which rose 2.43%.

XLM/USD chart by TradingView

Stellar (XLM) also made a false breakout of the $0.13 zone against increased volumes. However, buyers remain dominant until the price rises above $0.1165. If the bulls can hold that area, traders can expect a slight upward move towards $0.14. But it may take a few weeks for this to happen.

As of press time, Stellar[XLM]is trading at $0.1223.



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