Stellar (XLM) Scores First Golden Cross Versus XRP In Year
Main Idea
Stellar (XLM) has formed its first golden cross against XRP in over a year, potentially signaling a significant price increase if historical patterns repeat.
Key Points
1. Stellar (XLM) has printed a golden cross against XRP for the first time since November 2024, a technical indicator that previously preceded a 135% price surge.
2. If history repeats, XLM/XRP could rise to around 0.3, potentially pushing XLM near $1 if XRP remains at approximately $3.44.
3. XRP has outperformed the broader crypto market with a 16.6% weekly gain, while XLM has seen minimal movement (0.2% increase).
4. XRP's current market cap is $203.7 billion (price $3.44), while Stellar lags at $14.3 billion (price $0.4601).
5. Both XRP and XLM share origins tied to Jed McCaleb, a point highlighted by Ripple CTO David Schwartz.
Description
Main XRP rival on verge of 135% price increase if November 2024 repeats itself
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