The prices of XRP and XLM are predicted to drop following recent surges, echoing a similar pattern observed in 2021. Both cryptocurrencies, often seen as rivals in the cross-border payments sector, are currently facing downward pressure.
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We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.Last Sunday, U.Today reported that the price of the popular cryptocurrency XRP is about to take a nosedive. It will be the worst crash since 2018, when it lost 85% in three months. This time does not seem as dangerous for XRP, but there might be more damage than initially thought, as Stellar (XLM) token is on the same path for its price. Both Stellar and XRP have always been seen as challengers in the cross-border payments space. They have similar roots; Stellar was cofounded by Jed McCaleb, who also founded Ripple. They are often competing for a share of the blockchain payments ecosystem, and as a result, XLM has been acting like a beta version of XRP in terms of price action.XRP's Flag Pattern: What to Expect? Dogecoin (DOGE) Reaches Equilibrium, Bitcoin (BTC) Critical Support Level Reached According to Bollinger Bands, after a big surge in the last few weeks, the price of XRP hit a ceiling at the upper band, and now it is more likely to drop back to the median. For XLM, it is a similar story. The upper band high was reached and even broken at $0.6374, while the median, represented by the 20-day moving average, is stretching at $0.21. A similar thing happened in 2021. Back then, XLM had already seen a 40% drop over the last three weeks, and its price is now at $0.386. Could we be heading for another 45% dip? If we look at what happened in 2021, the answer is mayb
XRP XLM Cryptocurrency Price Prediction Cross-Border Payments
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