Chart Watch: XRP Tests Support, XLM Holds Triangle Base
Photo: DailyCoin
XRP and Stellar Lumens (XLM) are both pressing against key technical levels as the broader market remains cautious. XRP is back near a support zone it has defended before, while XLM coin sits on the lower boundary of a multi-month symmetrical triangle on the weekly chart. The two setups highlight different stages of compression, with traders watching whether either can convert nearby support into a meaningful move higher. XRP returns to the 50% retracement level at $1.29 XRP is currently trading around $1.33 after retesting the 50% Fibonacci level near $1.29, an area it held in both September and October…
Source: DailyCoin
