The cryptocurrency market seems to find no rest since most of the major digital currencies are yielding to wider bearish trends. Ripple XRP and Stellar Lumens [ XLM ] are no different, except that their losses are not as bad as most part of their counterparts.
The currency previously found support at $ 0.32 and has since started to increase. The crypt is trying to get out of the current resistance level, which can be traced back to $ 0.34. The XRP is still facing sales pressure and will probably continue to maintain its momentum.
At the time of writing this article, the 100 EMA line showed that the digital asset was rising. But, the MACD indicated that the currency was still on the market in bearish territory. The virtual currency exhibited a significant trading interval of $ 0.31 – $ 0.34. Starting from 1705 GMT, the currency had slipped by 1.5% against the US dollar to $ 0.33.
Cryptography decreased by 1.3% against BTC at the time of writing. An XRP was equivalent to about 0.00005 BTC.
According to Smartereum, experts believe that XRP could rise to $ 200- $ 300 in ten years. Megacryptoprice predicts that the coin will hit $ 6.14 by the end of next year.
Ripple Coin News predicts that cryptography could rise to around $ 8- $ 10 by the end of this year. However, the Economic Forecasting Agency has a more pessimistic view and predicted that the price of virtual currency will decline by the end of the year due to "technology partnerships that do not meet promises".
The digital currency found support at $ 0.214 but failed to witness significant gains. The currency is trying to get out of the current resistance level, which can be found at $ 0.22. The crypto is experiencing some selling pressures and may not be able to sustain any positive movement.
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The MACD, at the time of writing this article, showed that XLM it was in the bearish zone. The 100 EMA line indicated that the currency was in steady decline. The digital currency exhibited a significant trading interval of $ 0.212 – $ 0.22. Starting from 1720 GMT, cryptography had decreased by 0.2% compared to the US dollar to trade at $ 0.223.
At the time of writing, the virtual currency was increased by 0.1 percent compared to BTC. An XLM was equivalent to about 0.000035 BTC.
Stellar Lumens [XLM] forecast prices 2018
Investing Haven predicted that the currency could be worth $ 4 this year, provided there are no major security flaws and the preforms of the sector in general.
According to Monetize.info, the price of the crypt could reach $ 2- $ 3 this year. The Economic Forecasting Agency, which has a more conservative forecast, predicted that virtual currency will fall to $ 0.15 this year
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