XRP & XLM Dec 12, 2024
Here’s two very popular crypto’s. They have had a very good month in November. However, December has been a little challenging with a lot of consolidation and I slow down and volume. We will see where things go over this next week. Follow for more and follow my TikTok for more video breakdowns. #xrp #xrpripple #xrpcommunity #xrparmy #crypto
In the realm of cryptocurrency, XRP and XLM have shown remarkable resilience throughout November but face challenges as December unfolds. XRP has maintained a foothold with a current close around 2.4221, showing positive momentum, while XLM’s performance raises some concerns with a close of 0.437578. Market analysts are closely monitoring the key moving averages (SMA) for both cryptocurrencies; notably, the SMA 20 and SMA 50 indicators suggest varied trends. Volume for XRP has seen fluctuations, with daily averages showcasing around 184.18M, indicating potential shifts in investor sentiment. On the other hand, XLM’s volume stands at 159.15M, highlighting a slowdown. As consolidation continues in the market, investors are keen on the RSI (Relative Strength Index) readings, which for XRP are trending higher indicating a bullish sentiment, whereas XLM needs further analysis to determine stability. Keeping an eye on these dynamics will be crucial for traders and enthusiasts as we progress through December.
Yeah I dropped xlm It was consistently bleeding me out .