Global Markets
S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
AED • EUR • GBP • USD IBANs   |   CROSS BORDER FX   |   LOCAL CURRENCIES   |   GLOBAL COVERAGE
Ripple

Ripple and Stellar outlook: XRP defends critical support, XLM extends recovery

  • XRP steadies around the key $1.00 psychological level on Tuesday, as traders await the next directional catalyst.
  • XLM extends its recovery, trading above $0.178 after a mild recovery the previous day.
  • Mixed on-chain and derivatives metrics for both altcoins signal growing market indecision and a lack of clear directional conviction.

Ripple (XRP) trades around the key $1.00 psychological level on Tuesday, consolidating as the token awaits its next directional catalyst. Stellar (XLM) extends its recovery above $0.178 after posting modest gains at the start of this week. Despite recent stabilization, mixed on-chain and derivatives data across both altcoins indicate cautious market sentiment, suggesting traders remain indecisive about the sustainability of the recovery.

Mixed on-chain outlook

CryptoQuant’s summary data shows mixed sentiment. XRP’s spot markets show large whales’ orders with neutral conditions in other metrics, supporting a potential recovery.

However, XLM shows an overheating condition and selling-side dominance in the spot and futures markets, with mixed retail activity, hinting at cautious sentiment among traders and capping any potential recovery.

XRP summary data chart. Source: CryptoQuant
XLM summary data. Source: CryptoQuant

Derivatives metrics suggest cautious sentiment

Derivatives data shows a mixed outlook. CoinGlass’ long-to-short ratio for XRP read 0.93 on Tuesday, slipping toward bearish territory. However, XLM reads 1.02 during the same period, flipping into bullish territory.

XRP long-to-short ratio chart. Source: Coinglass
XLM long-to-short ratio chart. Source: Coinglass

In addition, XRP funding rates turned negative on Tuesday, reading -0.0016%. For XLM, funding rates flipped negative on Saturday, reading -0.0143% on Tuesday, indicating that shorts are paying longs and suggesting bearish sentiment.

XRP funding rates chart. Source: SoSoValue
XLM funding rates chart. Source: SoSoValue

Some other signs of optimism

SoSoValue data shows some signs of optimism. Spot Exchange Traded Funds (ETFs) recorded an inflow of $15.34 million on Monday after a $15.63 million inflow on Friday last week. If this inflow trend continues and intensifies, XRP could see a recovery ahead.

Total XRP spot ETF net inflow daily chart. Source: SoSoValue

XRP technical outlook: Stabilizes around key support zone

XRP price trades at $1.051 on Tuesday, stabilizing around the key $1.000 psychological level for the past four days. Despite this recent consolidation, XRP maintains a bearish bias as price remains well below the 50‑day, 100‑day, and 200‑day Exponential Moving Averages (EMAs) at $1.200, $1.307, and $1.526, respectively. 

XRP also trades under the upper boundary of the downward parallel channel at $1.162, reinforcing a capped structure. At the same time, the Relative Strength Index (RSI) at 33 stays in weak territory and the Moving Average Convergence Divergence (MACD) remains slightly negative, hinting that downside pressure still dominates.

On the topside, initial resistance appears at the channel boundary around $1.162, followed by the 50‑day EMA at $1.200. Higher up, the $1.300 horizontal barrier aligns with the 100‑day EMA at $1.307 to form a dense supply zone, ahead of the more distant 200‑day EMA at $1.526 and the major horizontal level at $1.900. 

With no meaningful support levels defined below the market in the current dataset, any renewed selling could leave price vulnerable to discovering fresh demand zones at lower levels.

XLM technical outlook: Extends recovery

Stellar trades at $0.178 on Tuesday, extending its recovery. However, XLM is maintaining a bearish bias as price remains below the short- and medium-term EMAs. The 50-day EMA at $0.188, the 100-day EMA at $0.184 and the 200-day EMA at $0.199 all sit overhead as a layered supply zone, suggesting rallies are likely to be capped while these levels remain unreclaimed. 

Momentum aligns with this cautious tone, as the RSI at 42 drifts below its midline and the MACD remains below zero, hinting at waning buying interest after the recent bounce.

On the downside, immediate demand is clustered just below the market at the horizontal support of $0.177, reinforced by the 78.6% Fibonacci retracement of the latest upswing at $0.173; a break below this area would expose the deeper horizontal floor near $0.142.

On the topside, initial resistance is located at the 100-day EMA at $0.184, followed by the 50-day EMA at $0.188; a sustained move above these EMAs would be needed to ease selling pressure, with further barriers emerging at the 200-day EMA at $0.199 and the 61.8% retracement at $0.200, ahead of higher Fibonacci levels at $0.218 and $0.237.

Register a Revolut Business Account
```

Market Analysis & Disclaimer

The market information, analysis, commentary, forecasts and opinions contained in this publication are provided by Octalas Group Ltd on behalf of Today Markets and Currency Hedger using information and data obtained from sources believed to be reliable. However, Octalas Group Ltd, Today Markets and Currency Hedger do not warrant or guarantee the accuracy, completeness or timeliness of the information presented and accept no responsibility for any loss or damage arising from reliance upon information contained herein, to the extent permitted by applicable law.

Market forecasts, expectations and opinions are based on analysis of available information and a number of assumptions regarding economic, financial, political and market conditions. Such assumptions may prove to be incorrect, and actual market developments may differ materially from those described or anticipated.

Nothing contained in this publication constitutes investment advice, financial advice, a personal recommendation, an offer, solicitation or invitation to buy, sell or otherwise transact in any financial instrument or investment product. The information is provided for general informational and educational purposes only and does not take into account the investment objectives, financial situation, experience or particular circumstances of any individual reader.

Past performance is not indicative of future results. Financial markets, including foreign exchange, commodities, equities, derivatives and other financial instruments, involve risk and prices can move rapidly. Readers should conduct their own independent research and, where appropriate, obtain advice from an appropriately authorised financial professional before making any investment or trading decision.

Where this publication refers to Today Markets, it represents market news, research, analysis and commentary published for informational purposes. Where Currency Hedger is referenced, it represents commentary concerning foreign exchange, currency exposure, international payments and hedging-related topics. References to particular financial instruments, markets, companies, currencies or commodities should not be interpreted as a recommendation to transact in them.

Octalas Group Ltd, Today Markets and Currency Hedger may have commercial interests or relationships with businesses, financial-service providers, technology providers or other market participants mentioned in their publications. Where relevant, such relationships or interests may create potential conflicts of interest. Appropriate measures are intended to be taken to ensure that published analysis and commentary are presented objectively and that commercial considerations do not determine the substance of market analysis.

The views expressed in this publication are those of the author or contributors at the time of publication and may change without notice as market conditions develop. Readers should not assume that any information contained herein has been updated following publication.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button