š Crypto Markets: Will XRP & XLM Rise or Face a Reversal? š„
The crypto market had a wild Q4, but the surge didnāt hold ā leaving most coins consolidating after sharp declines. XRP and XLM also took a hit, but now theyāre trying to push back with big moves ahead! šā”ļøš
$XRP Ā Price Potential
Ripple (XRP) has been fighting to break free from a narrow range, but there's a lot of resistance to overcome. Itās trying to push above the bullish pennant, with some signs that it could jump pastĀ $2.68! ā”
The daily chart shows a struggle though, with the possibility of a bull trap in play. Bears are still lurking š», and despite the rebound, it could get tricky. If XRP can break theĀ $2.68 resistance, we could see a breakout towardsĀ $3! But, watch out for possible pullbacks that could keep it consolidated for a while before a final move. ā³
$XLM Ā Price Outlook
On the flip side, Stellar (XLM) has broken out from a long period of consolidation! š However, after hitting yearly highs, it faced a small rejection, but the rebound is signaling bullish strength. š„ The price is showing a solid chance of pushing aboveĀ $0.5 with a big move toward ATH. A minor pullback belowĀ $0.4 might set the stage for a strong rally towards new heights ā possibly even beyondĀ $1Ā š.
š Takeaway: The next few days will be crucial for bothĀ #xrp Ā andĀ #XLM . Watch for these potential breakouts, but be cautious about short-term dips before bigger moves! ā³