Ripple and Stellar outlook: XRP and XLM deepen losses as sellers stay in control

  • $1.093 remains above XRP’s trading price on Tuesday. Losses deepen as bears target the psychological $1.00 mark.
  • After last week’s close below key support, XLM faces greater downside risk and trades near $0.146.
  • Further declines in XRP and XLM are signalled by softer on-chain activity, worsening derivatives metrics and bearish momentum readings.

$1.093 remains above Ripple’s (XRP) trading price on Tuesday. Stellar (XLM) trades near $0.146, with both tokens under pressure as bears retain control of momentum. Softer on-chain and derivatives metrics also point to the risk of a deeper correction for XRP and XLM in the days ahead.

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On-chain activity signals weakness

A bearish picture for both altcoins emerges from CryptoQuant’s summary data. Large whale orders and seller dominance characterise XRP’s spot and futures markets. Signs of heating in the spot market also underline the cautious, bearish sentiment among Ripple traders.

XRP market summary. Source: CryptoQuant

Seller dominance also extends across XLM’s spot and futures markets, pointing to a downbeat outlook among Stellar traders.

XLM market summary. Source: CryptoQuant

The derivatives picture is mixed as well. On Tuesday, CoinGlass’ XRP long-to-short ratio moved into positive territory at 1.02, signalling a modestly bullish outlook.

By contrast, XLM’s long-to-short ratio stayed in negative territory at 0.64 on Tuesday, its lowest reading in over a month. Readings below one signal bearish sentiment, reflecting traders’ bets on declining asset prices.

XRP long-to-short positioning chart. Source: Coinglass
XLM long-to-short positioning chart. Source: Coinglass

$1 in focus: XRP technical outlook points to further downside risk

At $1.093 on Tuesday, XRP remains in a bearish phase. The price sits well below its 50-day, 100-day and 200-day Exponential Moving Averages (EMAs), grouped between approximately $1.290 and $1.370.

Near 26, the Relative Strength Index (RSI) is deeply oversold. The Moving Average Convergence Divergence (MACD) is also negative, indicating that sellers retain control. Stretched conditions nevertheless mean short-term rebounds cannot be ruled out.

Any recovery would first encounter resistance at $1.160. A stronger cluster of barriers follows: the 50-day EMA at $1.294, horizontal resistance at $1.300 and the 100-day EMA at $1.303. The longer-term 200-day EMA at $1.365 further underpins the broader bearish structure. Additional hurdles stand at $1.540 and $1.900.

Should the downtrend continue, the psychological $1.000 area provides the next significant support, where buyers may try to slow the retreat.

Daily XRP/USDT chart

$0.146: XLM technical outlook remains bearish

At $0.146 on Tuesday, XLM retains a bearish near-term bias following a sustained decline from the $0.190 area. Its 50-day, 100-day and 200-day EMAs, clustered between approximately $0.175 and $0.186, remain above the price and reinforce the overhead cap.

An RSI reading near 30 points to oversold conditions. Although selling pressure may be starting to fade, the negative MACD suggests downward momentum remains in place.

A rebound would initially face the previous horizontal barrier near $0.153, followed by $0.173. The 50-day EMA at $0.175 adds a nearby technical ceiling. Further up, a more concentrated supply zone is formed by the 100-day EMA at $0.180 and the 200-day EMA near $0.186. Beyond this zone, the next significant resistance lies at the higher horizontal level around $0.234.

The horizontal floor near $0.139 offers immediate support. A daily close beneath it would leave the pair vulnerable to a deeper retracement, despite momentum already being stretched.

Daily XLM/USDT chart

(The technical analysis of this story was written with the help of an AI tool. Know more.)