Ripple (XRP) & Stellar are two projects that share many similarities since the underlying code is similar, they both use distributed accounting protocols and have private nodes, and their respective tokens are previously mined.
Ripple's XRP and Stellar's XLM move in unison together. But in the last two months or so, a difference is emerging between these assets. XRP stayed flat, XLM broke higher while leaving XRP behind.
However, Ripple has always struggled for acceptance within the encryption community.
(XRP) Called the "banker's currency," this creates dissonance in a space that is apparently established in anti-system principles.
On the other hand, Stellar has followed the philanthropic route, which gives him a "pass" in the eyes of many. The Stellar Development Foundation's mission is:
"... connect people with low-cost financial services to combat poverty and develop individual potential."
XLM / BTC
STELLAR / BTC
Around April this year. Since then XLM is up 80%. Today we see a pullback for Lumens as sellers take profits.
in XLM a kind of shock occurred between the maximum prices
because the price has tried 6 times to cross the resistance of 0.00000907 but in all these attempts it has not succeeded
However, with the passage of time a symmetrical triangle has formed, I ask you, do you think that the bulls will finally be able to break the resistance of 0.00000907?
I ask you why a symmetrical triangle indicates a bullish continuity
but the price is in a fluctuation zone in the last months, which does not indicate anything clear
my estimate is that this month we will see stellar hovering in prices between 0.00000597 and 0.00000906
by the way at the time of writing this the price is around 0.00000807
you have to see more +
XLM / ETH
STELLAR / ETHEREUM
Exchange price 0.00032593
stellar all this year has tried to break the resistance of 0.00037022 and has not tried it only once has tried it 4 times without positive results the last of these attempts was on June 04 the price was face to face once again with the resistance of 0.00037022 without success, it saw its price decrease in 3 days to 0.00032593 forming an H&S pattern plus the great downward trend, all indicates that the price will continue to drop in the following days, reaching 0.00028878
meanwhile we will continue reporting
According to a recent Twitter announcement, Bitstamp users will now be able to exchange Stellar (XLM) against Pound Sterling (GBP) Starting June 15
Starting June 3, the six new trading pairs were launched, including the XRP. Users of the exchange can place different types of orders now that there is sufficient liquidity.
It is worth noting that Bitstamp users will be able to exchange all GBP pairs without paying fees for three months from their listing.
Exchange users residing in certain countries will not be able to access newly opened markets.
thanks for reading have a great day 🤗
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